EPFO extends time for Employers to upload Pension on Higher Wages details

Earlier an online facility was made available by EPFO for submitting Applications for Validation of Option /Joint Options for pension on higher wages. The facility was for eligible pensioners / members in compliance with the  Supreme Court order dated November, 2022. The facility was launched on February 26, 2023 and was to remain available only till  May 3, 2023. A last opportunity of 15 days was further given to remove any difficulty faced by the eligible pensioners/ members. Accordingly, the last date for submission of Applications for Validation of Option / Joint Options by employees was extended to 11.07.2023.  17.49 lakh Applications for Validation of Option / Joint Options have been received from pensioners / members till 11.07.2023. More than 3.6 lakh Applications for Validation of Option / Joint Options are still pending with the employers for processing. Therefore, in order to ensure that employers process these remaining Applications for Validation of Option / Joint Options, the Chairman, CBT EPF has kindly approved the proposal to grant another extension of time for the employers for uploading wage details online etc till 31st May, 2024.