Employees’ Provident Fund Organization (EPFO) on Tuesday prolonged the date for submitting packages to go for a better pension until June 26, 2023.
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According to the observation through the Ministry of Labor and Employment, the timeline for submitting packages has been prolonged in an effort to supply a bigger window of alternative and in an effort to allow all eligible individuals to document their packages.
“The EPFO (Employees’ Provident Fund Organisation) has made arrangements for obtaining applications for validation of option/joint option from pensioners/members as per the Supreme Court order on November 4, 2022,” the observation mentioned.
To facilitate the method, a web based facility was once made to be had. Over 12 lakh packages had been gained until date. The on-line facility was once to stay to be had until May 3, 2023.
Meanwhile, many representations had been gained from quite a lot of quarters looking for extension of time. To allow to supply a bigger window of alternative and allow all eligible individuals to document their packages, the problem has been regarded as and the time limit for submitting packages would now be until June 26, 2023, mentioned the ministry observation.
The timeline is being prolonged to facilitate and supply plentiful alternative to the pensioners/participants so that you can ease out any problem being confronted through them, the observation added.
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This has been determined after sympathetically making an allowance for the quite a lot of calls for gained from staff, employers and their associations, the observation additional added.
(With inputs from businesses)