EPFO Alert: Submit Life Certificate at any time; 1 year validity from date of submission
EPS’95 Pensioners can now submit Life Certificate at any time which will be valid for 1 year from date of submission, the retirement fund body has Tweeted on its official Twitter handle @socialepfo
EPS’95 Pensioners can now submit Life Certificate at any time which will be valid for 1 year from date of submission, the retirement fund body has Tweeted on its official Twitter handle @socialepfo. The Employees’ Provident Fund Organisation had earlier allowed pensioners to submit life certificates at any time of the year, moving away from the practice of submitting them before a given deadline.
EPFO’s pension scheme which is technically known as Employees' Pension Scheme (EPS), is a social security scheme provided by the EPFO. EPS’95 scheme makes provisions for employees working in the organised sector for a pension after their retirement at the age of 58 years.
“EPS’95 Pensioners can now submit Life Certificate at any time which will be valid for 1 year from date of submission,” the EPFO said in a tweet.
See Tweet Here:
EPS’95 Pensioners can now submit Life Certificate at any time which will be valid for 1 year from date of submission.
EPS'95 पेंशनभोक्ता अब किसी भी समय जीवन प्रमाण पत्र जमा कर सकते हैं जो जमा करने की तारीख से 1 वर्ष के लिए वैध होगा।#EPFO #Pension #AmritMahotsav @AmritMahotsav pic.twitter.com/AT4j0rI0M0
— EPFO (@socialepfo) April 30, 2022
The EPFO has also informed that the life certificate can be submitted digitally at pension disbursing bank, common service centre, Indian Post Payments Bank or Indian Post Office or Postman, UMANG App, or nearest EPFO office.
To submit the certificate, a pensioner should have the details such as – PPO number, Aadhaar number, bank account details, mobile number linked with Aadhaar.
Life Certificate is a mandatory document that every pensioner must submit to confirm they are not dead and continue to avail pension facilities. All pensioners under EPS-95 (Employees Pension Scheme-1995) are required to submit Jeevan Pramaan Patra (JPP) / Digital Life Certificate (DLC) each year to continue drawing a pension.
See Zee Business Live TV Streaming Below:
EPFO is one of the World's largest Social Security Organisations in terms of clientele and the volume of financial transactions undertaken. At present it maintains 24.77 crore accounts (Annual Report 2019-20) pertaining to its members, its website claims.
The Central Board of Trustees administers a contributory provident fund, pension scheme and an insurance scheme for the workforce engaged in the organized sector in India. The Board operates three schemes - EPF Scheme 1952, Pension Scheme 1995 (EPS) and Insurance Scheme 1976 (EDLI).
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
05:26 PM IST