This decision was taken regarding the EPS Pension Scheme pension
Good news for the pensioners of Employees' Provident Fund Organization, the amount of pension coming in their account is going to increase.
The second good news is that instructions have been given to deposit the pension in their account on time.
The circular issued by EPFO states that a review has been done by the Pension Division and as per the instructions of RBI it has been decided that all the field officers may send the monthly BRS to the Pension Department.
Employees working in the formal sector get pension after the age of 58 years. To get pension it is necessary to work for 10 years in any department.
There is a lot of trouble regarding pension money, money does not come on time, to overcome this problem, the government has implemented new rules.
Money will be sent to the account of all pensioners on the last date of the month, now the money will be received as salary. There is a high possibility of increase in pension this year.