How can you apply for a higher pension under the Employee Pension Scheme?

The last date to elect a higher pension under the Employee Pension Scheme has been extended to July 11. Employees interested in electing a higher pension are tied to their actual salary they get can easily log in to the EPFO ​​unified portal.

In case an individual desires a higher pension, the portal will provide a link on ‘higher pension: exercise of the general option’ for that member. The applicant will have to fill basic information like Name, Joint Account Number, DOB, Aadhaar and Aadhaar linked mobile number.

The applicant will then be asked to upload a general preference from the employer. Once the general option is validated, the member will be asked to provide details of the reserve fund account of all previous jobs. EPFO automatically fills in some member details. However, if a member wishes to provide additional information about other workplaces, he or she can fill in those details.

Members who want to opt for higher pension under the Employees’ Pension Scheme will also be required to furnish details of latest PF reports. These statements will be for 2022-2023.

Once the details are successfully submitted, a confirmation number will be provided to the member. EPFO officials will then process the application. Next, a request letter will be sent to members.

So far, around 1,000 demand letters have been issued by EPFO.

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Source: pagasa.edu.vn

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