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Higher Pension Option Form Epfo

Higher Pension Option Form Epfo

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Video instructions and help with filling out and completing Higher Pension Option Form Epfo

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Instructions and help about Higher Pension Option Form Epfo

welcome to the channel punji nowadays in each and every office there is a discussion going on related to epfo guidelines for higher pension to start with this video first let us understand the current scenario of employee pension scheme lot of people are even not aware about their contribution to epfo and the pension which they will receive after retirement so here are the current status employees Provident fund organization epfo members are entitled to a pension after retirement currently the employees and employers contribute 12 percent of their basic selling and DNS belongs to the ebf of the employers 12 contribution 8.33 goes to the EPS employee pension scheme and 3.67 percent to the EPF however the 8.33 percent EPS contribution is kept at the maximum amount of rupees 15 000 even when the employee browser has selling let us understand with an example suppose an employee having a basic salary of rupees once lakh per month and so ingly the employee contribution will be gone at the 12

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