EPFO, the organization that manages retirement funds, has announced an extension of the deadline for filing applications to choose a higher pension until June 26, 2023.

 

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This decision was made to enable all eligible individuals to have a larger window of opportunity to submit their applications, and to address concerns raised by different stakeholders. According to a statement by the labor ministry, EPFO has made arrangements for obtaining applications from pensioners/members to validate their option/joint option, as per the Supreme Court order of November 4, 2022. An online facility has been made available to facilitate this process, and over 1.2 million applications have already been received. The online facility was initially scheduled to remain open until May 3, 2023. However, several representations have been received from various quarters requesting an extension of time.

After considering the demands received from employees, employers, and their associations, it has been decided to extend the timeline until June 26, 2023. This extension has been introduced to provide ample opportunity to the pensioners/members, and to alleviate any difficulties they may be facing.

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