Understanding the higher-pension choice requested by 1.5 million EPFO subscribers
The Employees’ Provident Fund offers a higher-pension alternative that lets members boost their monthly payouts through the Employees’ Pension Scheme. By choosing this, qualified EPFO participants can make pension contributions based on their full actual salary—following specific guidelines—rather than being restricted by the standard pensionable wage cap. Currently, more than 15 lakh EPFO members have applied for this specific pension option.
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