The current condition does not cause the pensioners any inconvenience EPFO to generate and reconcile details of pensioners and statement of pension amounts by 25 March 2020 for the current month.

Ministry of Labour & Employment

EPFO issues Directions for timely credit of monthly Pension to EPS Pensioners

23 MAR 2020

EPFO is disbursing monthly pension to more than 65 Lakh pensioners every month under the Employees’ Pension Scheme, 1995.

Also check: Relaxation in CCS Leave rules 1972 for central government employees – COVID19 – Latest DoPT Orders 2020

Due to the corona virus pandemic, lock down has been declared in various parts of the country. In order to ensure that no inconvenience is caused to the pensioners on account of the prevalent situation, Central Provident Fund Commissioner has directed the field offices of EPFO to generate and reconcile pensioners’ details and pension amount statements for the current month by 25th March, 2020. He further directed that the same should be forwarded to the banks in advance so that the monthly pension is credited into the account of the pensioners in time i.e. during the month of March itself.

PIB

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Employees pension scheme latest news 2020

MINISTRY OF LABOUR AND EMPLOYMENT
NOTIFICATION

New Delhi, the 20th February, 2020

G.S.R.132 (E).- In exercise of the powers conferred by section 6A read with sub-section (1) of section 7 of the Employees Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend the Employees Pension Scheme, 1995, namely:-

(1) This Scheme may be called the Employees’ Pension (Amendment) Scheme, 2020.
(2) It shall come into effect from the date of its publication in the Official Gazette.

In the Employees’ Pension Scheme, 1995, after paragraph 12, the following paragraph shall be inserted, namely:–

“12B. Restoration to normal pension in cases of grant of commutation. – The normal pension in respect of those members who availed the benefit of commutation of pension under the erstwhile paragraph 12A of this Scheme, on or before the 25th day of September, 2008, shall be restored after completion of fifteen years from the date of such commutation.”.

Also check: EPFO – Central Board of Trustees (CBT) approved the proposal to recommend for amendment in Employees Pension Scheme (EPS) 1995

[F. No. R-15011/01/2019-SS-II (Pt.)]
R.K. GUPTA, Jt. Secy.

Note : The Employees’ Pension Scheme, 1995 was published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (i) vide notification number G.S.R. 748(E), dated the 16th November, 1995 and was last amended vide notification number G.S.R. 285(E), dated the 4th April, 2019.

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Office Of the Principal Controller of Defence Accounts (Central Command)
Cariappa Road, Cantt., Lucknow, Pin code – 226002

No.PT/3088/CGDA/Vol-VI

Date: 19-05-2016

To,

1. The Area Accounts Office (CC) Allahabad
2. The Area Accounts Office (CC) Kanpur
3. The Officer in-Charge Pay-I/II/III & Store Audit (Local)

Sub: Provision of Minimum Pension of Rs.1000 per month the Pensioners under the Employees Pension Scheme 1995 – publicity of.

Ref: HQr Office letter No.AT/V/DAD/15001/EPS-1995 dated 10-05-2016.

Please find enclosed a copy of Ministry of Defence. D (Civ-II) Section ID No.20(1)/2016/D (civ-II) dated 01-04-2016 received from HQr office regarding the subject matter is forwarded herewith for your information and necessary action please.

Encl: As above

sd/-
ACDA(PT)

—-

Office of the Controller General Of Defence Accounts
Ulan Batar Road, Palam, Delhi Cantt. – 110010

No.AT/V/DAD/15001/EPS – 1995

Dated: 06-05-2016

To

All PCDAs/CDAs
PCDA(CC)Lucknow

Sub: Provision of Minimum Pension of Rs.1000 Per month the pensioners under the Employees pension Scheme 1995 – publicity of.

Please find enclosed a copy of Ministry of Defence, D (Civ-II) Section ID No.20(1)/2016/D (Civ-II) dated 01.04.2016 on the above mentioned subject is forwarded herewith for information and necessary action please.

Encls: As stated above.

sd/-
Rajesh Sharm
S.A.O. (AT/P)

—–

Ministry Of Defence
D(Civ-II) section

Subject: Provision of Minimum Pension of Rs.1000 Per month the Pensioners under the Employees Pension Scheme, 1995 – publicity of

The Employees Provident Funds & Misc Provision (EPF&MP) Act gives the framework for operating three important social security schemes for the workers of the country. These Schemes are (i) The Employees Provident Funds (EPF) Scheme 1952; (ii) The Employees Pension Scheme (EPS) 1995; and (iii) The Employees Deposit Linked Insurance (EDLI) Scheme, 1976. Under the provisions of the Employees pension scheme, 1995, pension security is provided for the employees who joined on or after 16.11.1995. In order to provide a bare minimum amount as pension which may help towards social security of EPS Pensioners, the Govt had started providing a minimum pension of Rs.1000/- p.m. to the pensioners under the scheme initially form 1.9.2014 for the year 2014-15.

sd/-
(Gurdeep Singh)
Under Secretary

—-

Ministry Of Defence (Finance)
DAD – Coord

Room No.24-A, south Block, New Delhi

Sub: Provision of Minimum Pension of Rs.1000 Per month the Pensioners under the Employees Pension Scheme, 1995 – publicity of.

A copy of Ministry of Defence D(Civ-II) Id bearing No.20(1)/2016/D(Civ-II) dated 01.04.2016 on the above mentioned subject is forwarded herewithfor information and necessary action please.

sd/-
(Rajesh Kalia)
SO (DAD Coord)

Source: http://pcdacc.gov.in/

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