EPFO extends deadline to apply for higher pension option till June 26

 

On the eve of the deadline to opt for higher pension, the Employees’ Provident Fund Organisation (EPFO) extended the last date for applications to June 26.

More than 12 lakh applications have been received till date, the Ministry of Labour and Employment said in a statement released Tuesday.

The online facility to opt for higher pension was to remain available till May 3.

“In the meantime, many representations have been received from various quarters seeking extension of time. The issue has been considered and it has been decided that in order to provide a larger window of opportunity and in order to enable all eligible persons to file their applications, the timeline for filing applications would now be till 26th June, 2023,” the statement said.

The timeline is being extended to facilitate and provide ample opportunity to the pensioners/members so as to “ease out any difficulty” being faced by them.

“This has been decided after sympathetically considering the various demands received from employees, employers and their associations,” it said.

Many employees had raised concerns about difficulties being faced in submitting the joint option on the portal.

The Supreme Court in a ruling on November 4 last year had upheld the amendments to the Employees’ Pension (Amendment) Scheme, 2014, implying another chance for employees who were existing EPS members as on September 1, 2014 to contribute up to 8.33 per cent of their ‘actual’ salaries — as against 8.33 per cent of the pensionable salary capped at Rs 15,000 a month — towards pension.

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Delay in redeveloping tenanted properties: 22 developers get notice

 The Brihanmumbai Municipal Corporation (BMC) has issued notices to 22 developers and has terminated the contract of one developer for delaying the redevelopment of tenanted properties in the island city.

Tenanted properties are housing bodies that date back to the 1920s, which are owned by the civic body and leased out to tenants. Most of these tenants hail from low-income groups and many of them are civic body employees.

Since these properties are several decades old, the BMC has given them out for redevelopment. The civic body has 139 tenanted properties, of which 94 are currently undergoing redevelopment.

The time period of completing the redevelopment work varies between six to nine years depending on the location of the plot.

Civic officials said this is the first time bulk notices have been served to the contractors for delaying redevelopment work. Officials maintained that earlier, notices would be served to contractors only if there was a formal complaint against them.

Civic data suggests that of the 22 properties that have received notices, seven are in Byculla.

© The Indian Express (P) Ltd

First published on: 03-05-2023 at 01:14 IST

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