03/11/2016
Now, you will get all PF, pension dues on or before retirement date on PM Narendra Modi push.
Your provident fund (PF) and Employee Pension Scheme (EPS) dues will be paid by the Employees’ Provident Fund Organisation (EPFO) on or before the day you retire. A decision to this effect has been taken by EPFO and instructions have been issued by the Central Provident Fund Commissioner, V P Joy on Tuesday to all its offices as a follow up the directions received from Prime Minister Narendra Modi at the recent PRAGATI review meeting held on October 26. The PRAGATI (Pro-Active Governance And Timely Implementation) was held to reviewing programmes and projects of the central and state governments.
“It has been decided that PF and pension payments to members of EPF Scheme 1952 and EPS 1995 are made on the date of retirement itself,” Joy has said in his communication to EPFO offices.
The move comes a day after the CPFC issued instructions regarding settlement in respect of death cases on priority within 7 days.
Joy has instructed EPFO offices to take several steps to ensure payment of dues on the day of retirement. These include:
Generate
a monthly list of retiring EPF/EPS members attaining the age of
superannuation three months in advance by concerned offices. This should
be communicated to the concerned members and their respective
employers.
The
employers should be requested to make payment of contributions in
advance in respect of such retiring employees one month in advance of
the date of their retirement.
A
complete set of PF and pension claim form along with the communication
to fill up the forms and submit to the concerned office complete in all
respect at least 14 days prior to the date of retirement should be sent
to the retiring employees
The
PRO and officials in the Facilitation Centre should be instructed to
scrutinise the claim forms received in respect of retirement cases and
guide the claimants for submission of all required documents in one
attempt only
For
this purpose an official trained and deputed in the facilitation centre
will receive the retirement claims. Proper display in regard be made on
the seat/counter “please contact for retirement cases’ in Hindi,
Regional Language and English
All such retirement claims should be stamped in bold ‘ Retirement claims – Top Priority” The PF claim settlement amount must invariably be credited to the member accounts on or before the date of retirement.