The Employees’ Provident Fund Organisation (EPFO) on its 2nd Jun 2023 circular has directed its field officers to complete the assessment of Higher Pension Online joint applications by employers and employees for higher pensions under the Employees’ Pension Scheme (EPS) within 20 days of receipt.
For employees & employers, the deadline for completing the higher pension option under the Employees’ Pension Scheme (EPS) 1995 is June 26. It will then have to be validated by the EPFO’s field officers taking it up for assessment. They will verify the uploaded data and documentation and as per the latest EPFO circular, they will have to do so within 20 days of having received the application.