Cases registered by the Human Rights Commission for not implementing the Supreme court judgement dtd 4 11 22 by EPFO

EPFO Latest News EPS 95 Pension News

Following cases registered by the Human Rights Commission for (1) not implementing the Supreme court judgement dtd 4 11 22 by EPFO for pension on higher wages/salary under EPS 95 pension scheme (2) option of excercising  11(3) and 11(4) in between employee and employer for pension on higher salary.

Karnataka SHRC has registered a case no. 4208/10/11/2022 on the complaint regarding Vishwanath Wali.-HRCNET,NHRC

Karnataka SHRC has registered a case no. 4209/10/11/2022 on the complaint regarding Vishwanath Wali.-HRCNET,NHRC

  • 1. EPFO has implemented EPS 95 pension scheme from 16/11/1995 to their pf members.

  • 2. Employee contributing 12% of their basic salary and employer is also contributing equal amount to the EPFO.

  • 3. Out of employer contribution 8.33% transferring to EPS 95 pension by EPFO. But EPFO is transferring 8.33% on ceiling salary of RS.5000,6500 pension account and difference to members pf account.

  • 4. On ceiling salary pension will be getting on retirement a very minimum amount of RS.500,600…etc.

    5. Our demand is pension is paid on actual salary instead of ceiling salary.

  • 6. Accordingly Some of pensioners filed suit in High court for pension to be paid on actual salary.

  • .7. High court judgement made in favour of pensioners as pension will be on actual salary.

  • 8. EPFO have disagreed the High court judgement and made appeal with Supreme court.

  • 9. Supreme court judgement made on 04/11/2022 upheld the High court judgement

  • 10. EPFO have still not implemented the decision of Supreme court judgement so far.

  • 11. Hence the complaint made with Human Rights dept.

 

 




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