Learn about the process of obtaining a higher pension under the EPS 95 scheme through Para 26(6) of the EPF scheme and the guidelines issued by the EPFO.
1. EPFO vide circular dated 20.02.2023 laid down the guidelines for the employees who were members of the EPS scheme as on 01.09.2014 and continued to be in service on or after September 1 2014 .
2. Earlier the Apex Court in its order dated November 4, 2022, had mandated the EPFO to provide four months to all eligible members to opt for higher pensions. The four-month period for opting for a higher pension was to end on March 3, 2023; the last date has now been extended to May 3, 2023.
3. The EPFO has enabled the URL of the unified members’ portal which states that subscribers seeking a higher pension can apply for it by May 3, 2023.
4. In this article, let us try to understand the most confusing clause to apply for a higher pension – Permission under Para 26(6) of the EPF scheme.
5. Background: The EPF Act was promulgated in the year 1952.Employees whose ‘pay’ was more than Rs 5000/- were considered excluded employees and not eligible to be a member of the EPF Scheme.
5.1 However, Section 26(6) of the Act allows them to enroll as a member of the EPF scheme by filing a joint declaration of employee and employer of the establishment, subject to approval by the Assistant Commissioner of PF.
5.2 Practically, the requirement under sec 26(6) was ignored by both the employers and employees. They started contributing PF on higher wages without complying with the provisions of Para 26(6). Even EPFO also accepted such a contribution of PF on higher wages.
5.3 When the EPS-95 scheme was introduced in 1995, employees drawing more than the ceiling limit were not excluded from the membership. Instead, it was provided that out of the employer’s share of the provident fund, 8.33% of the capped salary will be transferred to Pension Fund. The ceiling limit was Rs 5000 till May 2001, and Rs 6500/- till 31.08.2014.
5.4 The exclusion was introduced vide Para 3 of the G.S.R.609(E) amendment dated 22.08.2014 stating that EPF members drawing salary more than Rs 15000 were required to exercise a fresh option to continue contributing towards the pension scheme on their actual salary w.e.f. 01.09.2014
5.6 Until 01.09.2014, the proviso to Para 11(3) of the EPS 95 scheme has given an option to the employer and employee to contribute a percentage of the actual salary (i.e. not necessarily up to the ceiling limit of Rs 5,000), provided the employee and the employer has no objection.
5.7 There were certain restrictions as regards the time for exercising such an option and the matter ultimately went to Supreme Court. In the case of R.C. Gupta (supra), it was held that A beneficial scheme, ought not to be allowed to be defeated for any reason, particularly in a situation where the employer had deposited 12% of the actual salary and not 12% of the ceiling limit of Rs 5000/- or Rs 6500/- as the case may be, in provident Fund.
5.8 Afterward, the EPFO itself relaxed the requirement of a formal joint option, vide Para 2 of the circular dated 22.01.2019. The extract of the said circular is given below: –
6. Present Scenario: Now, in the online form to be submitted by the employee, it is mandatory to attach permission under Para 26(6) of EPF. The majority of the employees are not even aware of this provision.
7. What is the way out? The employer can provide the undertaking that the employee is contributing to EPF on actual salary as per the terms of Para 26(6) of the EPF 1952 scheme. An equal share is also contributed by the employer. The employee will scan and upload the form while submitting the application form for a higher pension.
8. This is also in line with the amended EPS Scheme 2014. Para 11(4) of the amended scheme stipulated that the EPF members drawing salary more than Rs 15000 were required to exercise a fresh option to continue contributing the pension amount on their actual salary. The Supreme Court vide judgment dated 04.11.2022 allowed 4 months (extended by EPFO till 03 May 2023) to exercise this option.
9. During an interactive session (virtual), organized jointly by the Employers’ Federation of India and Confederation of Indian Industries with the Central Provident Fund Commissioner and Regional Provident Fund Commissioner-Pension, Employees’ Provident Fund Organization, New Delhi, the issue was discussed in detail. The clarification given by Smt. Aparajitha Jaggi, RPFC-Pension has been brought out in the following Paragraph:
9.1 The employee/employer should submit a Joint declaration complete in all respect. However, if a declaration under para 26(6) of the EPF Scheme is not available and is not attached to the Joint Declaration, a Joint declaration may be submitted without such declaration and as and when such declaration is traced, it should be submitted. The EPFO, Head office would decide whether declaration under para 26(6) is to be insisted or otherwise if warranted at a later stage.
9.2 Thus, it is advisable that the employees shall attach an undertaking/declaration duly verified by the employer.
10. The online submission of application by the employees is a first step towards higher pension under EPS 95 scheme. After that, the application will land in the employer’s login. The employer will verify the applications with a digital signature and then processing of the applications will be commenced by RPFC.
11. The lack of clarity among employees and the absence of clarification by the EPFO will result in further delay and that could defeat the purpose of the Court Order.
Also Read:
Disclaimer: The article is for educational purposes only
The author can be approached at caanitabhadra@gmail.com
Author Bio
I have worked in various companies from 1986 till 2021. Is it necessary to take Form 26/6 signed by all previous employers? Pl clarify.
Form 26(6) is required from the last employer
This is regarding details of previos service which is not captured in current UAN or portal. Can I add in the online application.
1. Once I selected “Yes” for the question “Whether Employer’s contribution was received on wages exceeding statutory ceiling wage ceiling of 6500”: it is asking “Please attach permission under para 26(6) of EPF scheme”. My employer does not has such permission. So is this where we have to attach the joint declaration form under 26(6), is this to request permission now?
2. Can you please share format for the above, my email chaituinindia@gmail.com
3. Can you share format for this also: “Whether member is giving undertaking to deposit the contributions along with interest due till date of payment through his last employer [only when PF account has no/ insufficient balance]? Please upload relevant documentary proof”
Appreciate your continued help!
Thanks!
Chaitanya
No one is having permission u/S 26(6). The employers are issuing an undertaking/declaration for the purpose.
Format shared thru e-mail.
For the balance amount confirmation, there is no separate format.
Greetings of the day Anita ji!
Great article!
I retired about 2 years back.
1. Could you please share 26(6) format, a joint declaration?
2. I worked in my last organization from Feb 1999 till I retired in 2019.
3. My previous organization is closed now where I worked from 1988 thru’ 1999.
4. Whether 26(6) format verification will be required from my last worked organization.
5. If it is required from previous organization, what is the workaround?
Regards
Form 26(6) is required from the last employer.
Please share our e-mail id for sharing the format.
Dear Anita Ji,
It will be better if we add such format in article itself so that our readers can download the same easily.
Sir,
Kindly guide , how to attach the form in the article already published.
I will attach the Form immediately.
Anita ji
Please share format of 26(6) on my email ID Inderjeet1105@hotmail.com.
thanks
Anita ji
My email id is inderjeet1105@hotmail.com. please send the 26(6) format.
thanks
Madam,
Can you please share the Joint Declaration form,
L_SABARI@HOTMAIL.COM
Shared thru e mail
Dear Ma’am,
1. can you share the joint declaration form under para 26(6) of EPF Scheme? 2. Whether member is giving undertaking to deposit the contributions along with interest due till date of payment through his last employer [only when PF account has no/ insufficient balance]? * Yes No Please upload relevant documentary proof. what document needs to be uploaded here?
Regards
Mail Id – deepaknehapant@gmail.com
Read more at: https://taxguru.in/corporate-law/eps-95-higher-pension-permission-para-26-6-epf-scheme.html
Copyright © Taxguru.in
The undertaking is to be submitted that in case of insufficient balance / NIL balance in PF Account , the employee will pay the required amount along with interest.
Format 26(6) shared thru e mail
Sir
Pl send the format of undertaking/declaration duly verified by employer to attach in place of 26(6) form
Pl send the format of undertaking/declaration duly verified by employer to attach in place of 26(6) form .
Please share your email id
Please share your email id
Namaste Madam ji,
Thank you for this beautiful article.
I requested to u, please send me a format for the joint declaration and undertaking from employer.
email id- sndubey6161 @gmail.com
shared thru email
Dear Madam
Currently I am not working . i have not withdrawn my PF . Is there any mandatory for employer to certify the form of Joint Undertaking
Can you please send me a sample format of Joint Undertaking / option Form to be Uploade under Sec 26(6) .please oblige.
Does this require signature of employer or we can submit and they will get it verified
Thanks
Since , pension contribution is fro employer’s share , the undertaking, duly signed by the employer is mandatory for higher pension.
Please share your email id for 26(6) Format.
Anita Greetings from Rajiv !
I am retired from Pharma Sector about 2 yeard back as a Director in giant MNC Pfizer.
Today I visited Pension Office in Kandivali, Mumbai for understanding how to fill the online form, they raised multiple challenges how we can not become eligible to get higher pension and said attaching previously submitted 26(6) form is must, obviously no one has it.
Then I googled and came across your article dtd 4th March 2023, which gives all solution.
Great article !
Could you please share 26(6) format , a joint declaration.
Regards,
Rajiv
Cell 9920684435
rajiv.bindage@yahoo.com
Sir
Thanks for your humble comment.
26(6) format shared thru email
dear Madam. please send me format for joint declaration and undertaking from employer
Please share your email id
Dear Madam,
Thanks for the article.
I have worked with a company DOJ for EPF & EPS – 01/07/2018 and DOE 31/07/2021, after that i joined new employer & DOJ for EPF & EPS there is 09/08/2021.
Now i am trying to transfer the accumulations of last employer to my current PF account however the online request is rejected 3 times and the reason given is as below :-
Permission under 26(6) of EPF 1952 for deduction under higher wages taken or not
I have checked with my previous employer and they are not aware about any such permission.
Please help me to understand what should be done in this case, does this permission required to be taken now (As i already left that employer) ? if yes then is there any format or so ?
Please help to take it further accordingly.
Best Regards,
Udham
udham.nagar@gmail.com
Already responded thru email
Re-forwarding —-
Madam
I joined PF scheme in April 1995 and retired in Aug-2019 ,so whether I am eligible for New Pension .
I worked in two companies during this period however Second employer was only for last two months . So whether Joint declaration is required from both the employers or only from second employer .
The PF balance pf First employer was transferred to second employer and also I have withdrew all PF Balances.
I am ready to deposit the difference amt with Interest in one shot Madam , Pls also send me the format for Joint declaration Thanks
Joint declaration is required from the last employer.
Share your email id for 26(6) Format
1. can you share the joint declaration form under para 26(6) of EPF Scheme?
2. Whether member is giving undertaking to deposit the contributions along with interest due till date of payment through his last employer
[only when PF account has no/ insufficient balance]? * Yes No
Please upload relevant documentary proof.
what document needs to be uploaded here?
EMAIL ID : sunil.kn53@gmail.com
dear Madam.
please send me format for joint declaration and undertaking from employer
Send thru e-mail
Dear Madam,
Please share the print form for joint option under erstwhile PARA(13) of employees pension scheme 1195
My email id : yogeshkadam990@gmail.com
Send thu e-mail
Very nice presentation
Got the required clarifications.
Can you kindly send a copy of joint declaration form to comply (26) 6.
Worked in two PSUs before retirement.- joint declaration required from both the PSUs.
Pl clarify.
Please share your e-mail ID.
As per the latest information available , the last employer is required to submit joint declaration. Further clarification from EPFO is still awaited.
pl share draft of Undertaking / Declaration as provided under Para 26(6) of EPF Scheme.
Please send me a sample format of Joint Undertaking / option Form to be Uploadef under Sec 26(6) . My email id : sajnacs@gmail.com
I had joined a pvt company on 01/Nov/2006 and exited on 30/06/2018. I have withdrawn by PF both employee & employer contribution.
Now I am receiving a pension 1039 monthly from Apr 2021.
Am I eligible for this higher pension.
Also please share the PDF joint option form
Regards,
Ramanath
You are eligible for higher pension.
Please share your e-mail id
Hello Madam,
I have joined the company On 6-4-89 and our company offered VRS on 30-11-2004 to all the employees and closed the company and I have joined the other company from 15-11-2004 to till now.My old employer has arranged for the scheme certificate for the service rendered for the period from 6-4-89 to 30-11-2004.
my retirement date is 2024 January.
pl confirm am I eligible for higher pension option and any declaration from my old employer is required.
rgds
Ravi
You are eligible for higher pension. The service scheme certificate from old employer is required to be submitted to the new employer on joining.
Madam
I joined PF scheme in April 1995 and retired in Aug-2019 ,so whether I am eligible for New Pension .
I worked in two companies during this period however Second employer was only for last two months . So whether Joint declaration is required from both the employers or only from second employer . The PF balance pf First employer was transferred to second employer and also I have withdrew all PF Balances. I am ready to deposit the difference amt with Interest in one shot
Madam ,
Pls also send me the format for Joint declaration
Thanks
Please send me a sample format of Joint Undertaking / option Form to be Uploaded under Sec 26(6)
Format Send thu e-mail
Please send me a sample format of Joint Undertaking / option Form to be Uploadef under Sec 26(6) .please oblige.
Please share your e-mail d as the sample Form cannot be attached here in a comment column.
very good morning madam the narration you have on 26(6) is excellent and need for 26(6) is well understood. in the absence of Form 26(6), you are advising us to submit an undertaking from previous employer or employers. if you don’t mind, please share a sample undertaking to be taken from employer. please help us. regards
Rajesh Sharma 7018272698 (WhatsApp )
Thanks for your humble comment . Please share your e-mail id
Madam,
My email id is rajeshkccb66@gmail.com. You are requested to share undertaking in lieu of 26 (6) to by submitted to EPFO while applying for higher pension.
Thanks & Regards
Rajesh Sharma
rajeshkccb66@gmail.com
The Format send thru e-mail.
I started working in 2004 in private sector. Employee, Employer & EPS contributions always happened only upto statutory wage limit (6500 or 15000). Am I eligible to opt for higher pension now, since SC judgement says “Thus, all the employees who did not exercise option but were entitled to do so but could not due to the interpretation on cutoff date by the authorities, ought to be given a further chance to exercise their option”
Thanks!
Yes, You are eligible for higher pension.
Dear Sir/Madam
I joined a state Government company in 1982. Member of EPS95. Took VRS in 2002. Getting pension of Rs.876. Am I eligible for higher pension.
No
thanks for detailed calculation.
As I don’t have much of past data for making such calculation for my case, Can I conservatively assume that the max amount that shall be deducted in case I opt for higher pension shall be with in the amount that I see as “employer contribution” in my EPFO passbook. And the amount shown as “Employee contribution” shall remain intact.
You may note following about my case-
1. I am employed since 2002 and would retire in 2038.
2. I have been contributing in VPF since early career.
3. I have never withdrawn any amount from PF.
Approximately , 75% of the employer contribution will be diverted towards pension along with interest .
very good morning madam
the narration you have on 26(6) is excellent and need for 26(6) is well understood.
in the absence of Form 26(6), you are advising us to submit an undertaking from previous employer or employers. if you don’t mind, please share a sample undertaking to be taken from employer. please help us.
regards
subbarao
9000789244 (WhatsApp )
Thanks for your humble comment.
The sample Format shared with you thru e-mail as it cannot be attached here.
very good morning madam the narration you have on 26(6) is excellent and need for 26(6) is well understood. in the absence of Form 26(6), you are advising us to submit an undertaking from previous employer or employers. if you don’t mind, please share a sample undertaking to be taken from employer. please help us. regards
Rajesh Sharma 7018272698 (WhatsApp )
very good morning madam,
the narration you have on 26(6) is excellent and need for 26(6) is well understood. in the absence of Form 26(6), you are advising us to submit an undertaking from previous employer or employers. if you don’t mind, please share a sample undertaking to be taken from employer. please help us.
regards ,
8275032540 (WhatsApp )
R/S Madam,
I was a teacher in DPS,BOKARO,Jharkhand from 1991 to 2002, after that I left job there and join in DPS,BHILAI, Chhattisgarh, I withdrew my EPS money from, DPS Bokaro, I am still working can I mentioned that period of my service, in the new higher pension scheme by paying that difference amount with interest, pl.guide me.
SANJAY RUDRA
If you had taken scheme certificate from the previous organization and submitted the same to the new organization, then only period of service in previous employment will be considered for higher pension.
Dear Ma’am, if possible please provide MOM of interactive session (virtual), organized jointly by the Employers’ Federation of India and Confederation of Indian Industries with the Central Provident Fund Commissioner and Regional Provident Fund Commissioner-Pension, Employees’ Provident Fund Organization, New Delhi
Regarding applying for joint option of higher pension in EPFO portal. I worked in a public limited company from 1983 to 2019. From APR 1997 till MAY 2019 my basic salary was more than the limit of Rs. 5000, Rs. 6500 and Rs. 15000. To Employee and Employer contribution was 12% from Nov 1997 onwards. To answer to options 1 and 2 should be YES and attach a pay slip showing higher basic and employee contribution of 12% but the pay slip does not show employer contribution. For options 3 my answer should be NO as I have retired on 31st May 2019 and have withdrawn EPF and it is nil. But contribution to EPS is 8.33% on the limit only by the employer. Then my answer should be YES for option 4 and attach a declaration from my last employer for applying to higher pension. Am I on the right path or do I have to make any changes? Please advise me.
You are on the right path in respect of Option 3.
Option 4 – Members need to give the undertaking. Declaration from the last employer is not required
Option 1 & 2: When you click on Option 1 or 2, it will ask to attach permission under Para 26(6).
The details of Para 26(6) and the way ahead are discussed in the article above.
retd.n 24.08.05. never heard of higher pensions with 12p.c jt.conributions by both employee and employer, hence don’t I
get higher pensions inspite of my desire to
join d same following all terms and conditions. pl.elucidate.
The employees retired before 01.09.2014 are not eligible for higher pension
Employees of my establishment (JDA) joined EPFO in year 2010 from retrospective effect i.e.from1980.establi shment started contribution as per pf act1952.RPFC appointed an enforcement officer to investigate the records of JDA. Enforcement officer submitted his report to APFC epfo competent authority who was executing proceedings under clause 7A of ACT 1952.
APFC epfo the competent authority has ordered JDA to deposit Rs.18783270/-to epfo.this amount was determined as difference amount.this amount arrived on the basis of calculation of 12%employees share and 12%employers share and administrative charges.
my question is can we consider this order is above permission of 26(6).and further no more permission of 26(6) is required? because order passed by APFC epfo under clause 7(A)of ACT 1952 is equivalent to civil court order.
please please guide us.
Permission under Para 26(6) is a debatable issue. Nobody ever applied for specific permission. Even EPFO own circular in 2019 stipulated that employers and employees contributing 12% are considered as deemed members and separate permission is not required under 26(6).
In my view, the employees shall attach the undertaking given by the employer and go ahead with submitting an online application for a higher pension.
Dear mam
I worked in company 22 years from 1985
The Times of India co. Name
Getting pension very less
Firm was excempted
Since EPS 95 my salary was above cieling i.e. 5000 and 6500 respectively.
Without Joint option form filled that time.
I am entitled for higher pension
Kindly explain why and why not though member of EPS 95 members are entitled
Changes made by EPFO not published or informed to pensioner
Pl advise
Rajnikant
Please read the article above. All these issues have been discussed in detail.
I have retired on 31/03/2019, attained age of 58 year on 31/03/2017, please confirm is the arrear going to be reimbursed after submitting the principal amount.
EPFO’s guidelines in this regard is still awaited.
Madam,
Please clarify how to add my previous services in joint option form. Portal is not accepting the number e.g. HR/520/E/1065. Error says it is invalid .
Joint option form ( indicating the details of all the employments ) need to be attached.
Need not to enter number in Portal.
Namaste Madam, I worked in CPSU with exempted trust from 1990 till 2015 and resigned and I was paid my own PF accumulation and was also issued Scheme certificate as Cessation/ short service with service & pay details and I didn’t join anywhere thereafter.MY QUERY: In the options item 3 do I have to click NO for using accumulation for addl contribution – since my self PF acct is closed and repaid so balance is nil ? item 4: should it be marked YES to give/attach undertaking to deposit via last employer ? Also for 26(6) permission (which is unavailable), as my CPSU regd office is far away in UP, can I undertake the same myself along with a CPF statements reflecting PF pmt in excess of statutory limits 5000/6500/15000 as appl ? my employer estt is a big ocean no one bothers to give Jt. undertaking etc even if I go there. Thanks in advance
In options item 3 you have to click NO for using accumulation for addl contribution –
Yes , it should be marked YES to give/attach an undertaking to deposit via last employer
26(6) is a debated issue, however, as the undertaking in Para 4 is to deposit the amount via the last employer, it cannot be given on its own by the employee unless EPFO issues specific guidelines or circular in this regard.
I was wotkining in IDPL company .company gave us VRS in 2003and closed can I apply for EPFO
No
Madam, I retired from RSP (SAIL) as an executive on 30/04/2014. I am getting epfo pension of Rs. 2080/- pm. I have no knowledge of opting for pension on higher salary. Whether I can apply for the enhanced pension on actual salary
No – as retired before Sep 2014
I was given vrs in March 2013.Now without UAN i can’t fill the form for higher pension.Pl help out to get UAN number which has started after 2014.Pl help.
Not eligible for higher pension as retired before Sep 2014
Respected Madam,
I am EPF member from 1982, attained the age of 58 years on July, 2021 and drawing monthly pension of ₹4155/-
On exercising higher pension I have to pay difference of higher salary contribution from 16th Nov-1995 Or from 1-Sept-2014?
Further, is there any fund adjustment between payment of higher wage contribution and pension arrears amount from July-2021..
Please clarify madam…
From 16th Nov 1995
Yes – it should be. However, clarifications and guidelines from EPFO are awaited.
I am worked in non Govt organisation. I have contributed and organisation also contributed inclding trust deposited every month since 1995 to 2007
My approx monthly was Rs.6500/ per month for 12 years.
So, will this effect or not and how much I will get per mont
At present I am getting per month Rs. 1700/
My quastining to you that present how much I will get?
Thank you sir
I am waiting for you reply.
Pradeep kumar Patro
BAM, Odissa
Please go thru the formula for computing pension explained in my article :- EPS 95- Frequently asked questions
https://taxguru.in/corporate-law/eps-95-higher-pension-frequently-asked-questions.html
how much is the pf account balance on the date of filing option? * — this is the question asked in the online application form. Is it the total PF balance (Employer+employee) ? Or it is only employer contribution, as EPS fund transfer will happen from employer contribution only ?
To the best of my limit understanding , it should be the employer’s contribution only.
Madam, I have resigned from the company, how to get joint declaration from my last employer, as I have already resigned. Should I have to submit joint declaration under 26(6), kindly advise how to submit resigned cases.
Further prior to my last employment, I was working in private companies which had private trusts, how to submit joint declaration for these companies
In my PF passbook, only service records of the last employment is listed, how to include the previous service history.
Kindly advise all the 3 queries. Thanks,
You have to submit 26(6) (undertaking / joint declaration) thru your last employer.
Provide all the previous job details to your last employer.
However, clear guidelines in case of resignations/death cases/company closed, etc. are awaited from EPFO.
Madam,
In 1990, I joined the company and took VRS in 2020,
My company has PF trust and paid me lump sum amount(settled) and also I am getting around Rs 2900 as pension from PF.
My question is:
Can I apply for Higher pension. Will I have to pay the amount back to EPFO/ employer.
I am in confused, Pl explain
You are eligible for a higher pension.
You need to pay differential amount.
Dear Madam ,
I enrolled into PF dated on 21st Aug 2014 and my basic salary was less than 10,000 ,but currently my basic salary is 40k .
Please let me know that I am eligible to opt this higher pension or not .
Thanks & Regards ,
Pravat Kumar
You were a member as on 01.09.2014 and continued to become a member after the date – eligible for higher pension.
A format for exercising Joint option by Both Employee & Employer should be prescribed EPFO. Otherwise the forms will be rejected at later stages due stating incompatible format.
EPFO is not going to prescribe the Joint Option Form.
In past also, they had not prescribed the form and members used their own format for higher pension.
Some of them are getting higher pension even they used their own joint option form
I have retired in 2020. I don’t have any proof for 26(6). Which form or declaration format should I use for documentary proof.
Nobody is having proof for 26(6) permission.
A joint declaration duly verified and an undertaking by the employer can be attached.
Madam
My wife is working in PSU since 1992 and both from employer and employee is deducting EPF under EPF Scheme, 1952 on wages higher than the statutory wage limit but contributing to EPS is only on statutory wage limit.
Now my wife wants to opt for higher pension to use accumulation available in his her PF account for payment of due contribution for this option. The balance in EPF Employer contribution is about Rs.55,00,000 and the balance more than sufficient.
KINDLY ADVICE ON BELLOW
With the above shall she say YES only to bellow mentation point no 3 are ore more and also what is the format of joint declaration of her and employer?
Joint Option & Contribution Details
1. Whether employer’s contribution was received on wages
exceeding statutory wage ceiling of ₹5000 in EPF prior to01.06.2001
from the day his salary exceeded ₹5000? ( applicable only if date
of joining is prior to 01.06.2001)
*
2. Whether Employer’s contribution was received on wag
exceeding statutory wage ceiling of ₹6500 in EPF prior to01.09.2014
from the day his salary exceeded ₹6500? (applicable only if date of
exit is on or after 01.06.2001)
3 Whether member wants to use accumulation available in his /her PF account for payment of due contribution for this option? *
4. Whether member is giving undertaking to deposit the contributions along with interest due till date of payment through his last employer [only when PF account has no/insufficient balance]? *
Thanks in advance
Regards
Siva
Choose Yes for all the above 1-3.
There is no standard format for joint option Form. You will find formats available in Google . Use any one of them.
Thanks a lot for you kind reply
Regards
Siva
I have retired on 31.07.2015(AN), at that time deduction was made on ₹15000/- & then after on 2019 the Company was totaly closed I. e Burn Standard Co. under Ministry of Railways. Now may pls. be clear the position how can fill up joint option form.
I need my higher old EPS 95 pension amount on my medical grounds of heart disease and Parkinson problem Thanks Parvez Zaki Indian oil corporation Ltd pipe line Division Ex Employees no 90121
What is happening in your company madam? you are working in a PSU right.
Nothing adverse is happening to our Company. I had just responded to a query ( about PF contribution by a loss-making company )from a reader in this article
If a company profits in last 2 financial years but suffering from accumulated loss,then company will be obliged to pay 12%or 10% towards EPF? kindly clarify.
The contribution to EPF is a statutory requirement and has nothing to do with the profit or loss incurred by the company.