Quick Summary
EPFO is disbursing monthly pension to more than 65 Lakh pensioners every month under the Employees’ Pension Scheme, 1995.
Due to the coronavirus pandemic, lock down has been declared in various parts of the country. In order to ensure that no inconvenience is caused to the pensioners on account of the prevalent situation, Central Provident Fund Commissioner has directed the field offices of EPFO to generate and reconcile pensioners’ details and pension amount statements for the current month by 25th March, 2020. He further directed that the same should be forwarded to the banks in advance so that the monthly pension is credited into the account of the pensioners in time i.e. during the month of March itself.
FAQ :
EPFO has directed its field offices to generate and reconcile pensioner details and pension amounts by March 25th, 2020, and forward them to banks in advance.
The directive has been issued to ensure that pensioners do not face any inconvenience due to the COVID-19 pandemic and the subsequent lockdown.
This directive affects more than 65 lakh pensioners who receive their monthly pension under the Employees' Pension Scheme, 1995.
The monthly pension should be credited into the pensioners' accounts during the month of March itself, in time.
The deadline for generating and reconciling pensioners' details and pension amount statements for the current month is March 25th, 2020.
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