EPFO can’t seek extra 1.16% of salary for higher pension: SC

In a relief to lakhs of subscribers, the Supreme Court on Friday held that the Employees’ Provident Fund Organisation (EPFO) cannot seek an additional contribution of 1.16% of the salary from those drawing over Rs 15,000 without the government amending the law and opened a four-month window for the members of the retirement savings body to exercise the option of getting pension on higher earnings.

November 05, 2022 at 12:35AM

from Times of India

https://ift.tt/uqvAB2U

No comments:

Post a Comment

Is chewing food linked with a long and healthy life?

Chewing food thoroughly is crucial for digestion, nutrient absorption, and overall health. While the ideal number of chews varies, aiming fo...