New Update (26/01/2020)

It is conveyed to all members who are willing to opt for EPS-95 pension in place of Second spell of IDA pension to be paid by DOT, are suggested that do not fill the joint declaration form to CMD till the whole fund is not transfer to EPFO. Because, till the whole fund is not transfer EPFO, you will not covered under the category “non-exempted” and EPFO is giving the benefit of 11(3) for pension on actual Basic+IDA by depositing 8.33% only to “non-exempted” category employee. Therefore watch & wait the movement of EPFO and visit there to verify. Supreme court had already decided that there is no cut-off date to avail this facility. Firstly, receive your CPF+VPF+EPF and thereafter take the steps to opt for full pension of EPS-95.

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