EPFO Online: Retirement fund body Employees Provident Fund Organization (EPFO) has announced that pensioners under EPFO will be able to submit their life certificates online at any time throughout the year. Now EPFO pensioners will not have to wait for any particular month or day to submit their life certificate. They will be able to submit it through online medium anytime according to their convenience.
EPFO gave information through tweet
EPFO said in a tweet- EPS’95 pensioners can now submit life certificate at any time. The validity of this life certificate will be for 1 year from the date of submission. Employees’ Provident Fund Organization (EPFO) has provided various options and facilities for EPS pensioners to submit their Digital Life Certificate (DLC) through online medium near or at their doorstep. Explain that the life certificate submitted by all these means is equally valid and will be recognized everywhere. EPS 95 has been implemented with effect from November 19, 1995.
Submit digital life certificate like this Apart from EPFO’s 135 regional offices and 117 district offices, EPS pensioners can now deposit DLC at Pension Disbursement Bank branch and nearest post offices. DLC can also be deposited at the nationwide network of over 3.65 lakh Common Service Centers (CSCs). Apart from this, EPS pensioners will also be able to deposit DLC through Umang app.
India Post Payments Bank (IPPB) has launched Doorstep Digital Life Certificate (DLC) service for pensioners. EPS pensioners can now submit online request for availing DLC service at home on payment of nominal fee. A postman from the nearest post office will visit the pensioner and complete the process of making DLC at the pensioner’s home. Due to this, now the pensioner’s work will become even easier than before.
Know these important things Life certificate will be valid for one year from the date of submission of DLC. Pensioners who have been issued Pension Payment Order (PPO) in 2020 need not upload JPP till completion of one year. Earlier, all EPS pensioners were required to submit DLC in the month of November. As a result, pensioners faced hardships due to long queues and rush to submit digital life certificates.
According to a statement by the Union Ministry of Labor and Employment, EPS 1995 is a defined contribution-defined benefit social security scheme. The corpus of the Employees’ Pension Fund is made up of 8.33 per cent contribution by the employer of the salary and the contribution by the Central Government at the rate of 1.16 per cent of the salary through budgetary support at the rate of Rs. 15,000/- per month. All benefits under the scheme are paid out of such accumulations. Funds are valued annually as mandated under paragraph 32 of EPS.
