These pensioners can now submit life certificates at any time. Check particulars
The deadline for submitting the life certificates for pensioners is finish of this month, i.e. 30 November. However, this rule doesn’t apply to these, who’re receiving pension from the Employees’ Provident Fund Organisation (EPFO) underneath the Employees’ Pension Scheme (EPS), 1995.
As per a tweet on EPFO’s official Twitter account, “EPS’95 Pensioners can now submit Life Certificate at any time which shall be legitimate for 1 12 months from date of submission.”
According to the tweet, pensioners underneath EPS’ 95 want can submit life certificates at any time which shall be legitimate for one 12 months from date of submission. So, if final 12 months you submitted your Life Certificate on thirty first December, so this 12 months additionally you’ll have submit it on or earlier than the identical date. You will cease getting pension funds beginning in January 2023 if you happen to do not submit it by the deadline.
Life Certificate is legitimate for 12 months from the date of earlier submission.
Earlier, all EPS pensioners had been required to submit the DLC within the month of November. This resulted in difficulties confronted by pensioners as a result of lengthy queues and generated rush for submission of Digital Life Certificate.
Life Certificate may be submitted digitally
-Pension Disbursing financial institution
-Common Service Centre (CSC)
-IPPB/Indian Post Office/Postman
-Umang App
-Nearest EPFO Office
Requirements for submission of Life Certicate
-PPO Number
-Aadhaar quantity
-Bank account particulars
-Mobile quantity linked with Aadhaar
“The EPS, 1995 is a ‘Defined Contribution-Defined Benefit’ Social Security Scheme. The corpus of the Employees’ Pension Fund is made up of (i) contribution by the employer @ 8.33 per cent of wages; and (ii) contribution from Central Government via budgetary assist @ 1.16 per cent of wages, as much as an quantity of Rs.15,000/- per thirty days. All advantages underneath the scheme are paid out of such accumulations. The fund is valued yearly as mandated underneath paragraph 32 of the EPS, 1995,” in accordance with an announcement by the Union Ministry of Labour & Employment.
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