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EPFO issues Directions for timely credit of monthly Pension to EPS

DIRECTIONS TO CREDIT THE PENSION TO AVOID INCOVENIENCE DUE TO COVID-19

EPFO Issues Direction

We all are aware that India is going through a critical stage in its fight against corona virus and with this pandemic people are at fear. Fear of losing their lives, their family members. As a precautionary measure our Governments of India has extended the lockdown for another 21 days which will end on 14th April 2020.

Mostly all the ministries and its department of the Governments of India, be it ESIC; MCA, IPR, SEBI has relaxed the regulatory framework and extend the due dates of compliance filling. Considering the public health issue, Central Provident Fund Commissioner has directed the field offices of the EPFO to prepare and reconcile the pensioner’s details and pension amount statements for the current month by 25th March, 2020. He further gives directions that the reconciled amount should be forwarded to the bank in advance so the monthly pension will be timely credited in the pensioner’s account i.e. during the March month.

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26 Mar

Prem Singh
Prem

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