EPF Latest News | EPFO | HighCourt Notice | Chandigarh, December 4 (Tryinu) – The Punjab and Haryana High Court has issued a notice to Central Government, EPFO and other related parties on 27th February for refusing pension on employees’ wages for employees of exempted employees from the Employees Provident Fund Organization (EPFO).
Also Read: Open the PPF account at Home – New Update
Justice PB Bajanthari issued the notice while hearing the petition filed by Vinod Chandra and 52 other retired employees of Food Corporation of India.
Employer Pension Scheme
Advocate Paramjit Singh Thaira, appearing on behalf of the petitioners, told the High Court that an Employer Pension Scheme under the Employee Provident Fund Act, 1952, is required to hold a 8.33 percent stake, but the EPFO’s earlier 8.33 percent under 6500 And now 15,000 rupees are being held, instead of paying an employee’s full salary.