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EMPLOYEES’ PROVIDENT FUND ORGANISATION
(Ministry of Labour, Government of India)
Head Office-Bhavishya Nidhi Bhawan
14-Bhikaji Cama Place, New Delhi ~ 110 066
‘No Pension-3/1/2006/Para ¥ 2(2)Clarificstion/ _ Dated:
74589
a 2.9 MAR 2006
To
All Regional Provident Fund Commissioners
All Officers-in-Charge of the SROs/SAOs.
Sub:- Calculation of Pension for New entrants governed by Para 12(2) of Employees Pension
Scheme 95-regarding,
Sir,
Para 12(2) of Employees Pension Scheme 1995 reads as follows:
“In the case of a new entrant the amount of monthly superannuation pension or
retiring pension, as the case may be, shall be computed in accordance with the
following factors, namely: -
Pensionable salary X Pensionable service
= 70
Therefore, for members who have joined Employees Pension Scheme 95 on or after
16-11-95 no minimum Monthly Member Pension has been provided for in the scheme, and they are
entitled only for the Monthly Member Pension calculated as per the above said formula,
The minimum pension shall apply only to members of Employees Family Pension Scheme
1971. Anyone who have joined the EPS,1995 on or after 16-11-95 shall be governed under Para
Yours festa,
Ty
(ML. MEENA) —
Addl. Central Provident Fund Commissioner (Pension)
12(2) which does not specify any minimum pension.
You are therefore requested to settle cases accordingly.Copy to
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All Addl. C.P.F.Cs Zones/Head Office
RPC (FA)
Director (NATRSS)
All Zonal Training Institutes
Director (8-15-12)
Director (MIS)
Dy Director (Audit)
All Zonal Audit Officers
P.S to CPFC
0, Director (Vigilance)
~o-
(JAGMOHAN)
Regional Provident Fund Commissioner-J (Pension)