INCOME TAX19 Sept 2026
EPS higher pension: BJP MP writes to PM Modi over delays, Para 26(6) hurdles for retirees | Mint
A BJP MP has asked the Prime Minister to fix long delays in the Employees' Pension Scheme (EPS) higher pension process. The Supreme Court's November 2022 ruling allowed members to contribute on full salary, not the capped one. But very few retirees have received higher payouts so far. If you are waiting, keep your salary and contribution records ready.
Key Statutory Highlights
- Rajya Sabha MP Ajeet Madhavrao Gopchade has petitioned Prime Minister Narendra Modi to resolve long-standing hurdles in the EPS higher payout mechanism.
- The Supreme Court's November 4, 2022 verdict protected an employee's right to contribute on actual, uncapped salary to secure a higher pension.
- The MP wants administrative impediments caused by Para 26(6) of the EPF Scheme removed, since only a tiny fraction of eligible pensioners have received adjusted benefits.
Actionable Advice for Taxpayers / Founders:If you have applied for a higher EPS pension, keep your salary records, contribution details and application proofs safely and follow up with your employer or the EPFO. Since each case depends on its own facts, check with a qualified professional before assuming an outcome.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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