Supreme Court Upholds Employees Pension (Amendment) Scheme 2014, Extends Cut-Off Date

Supreme Court Upholds Employees Pension (Amendment) Scheme 2014, Extends Cut-Off Date

Also read:
https://www.livelaw.in/top-stories/supreme-court-extends-deadline-to-join-epf-pension-scheme-holds-condition-to-make-additional-contribution-above-rs-15000-threshold-as-invalid-213226

In a crucial judgment delivered today, the Supreme Court of India today upheld the provisions of the Employees Pension (Amendment) Scheme 2014 and set aside a judgment of the Kerala High Court which had quashed the scheme.
However, so far as the present members of the fund are concerned, a bench of Chief Justice of India U.U Lalit and Justices Aniruddha Bose and Sudhanshu Dhulia has read down certain provisions of the scheme.
Importantly, in a relief to several employees, the Court held that employees who have not exercised the option to join the Employees Pension Scheme must be given a further chance of 6 months to do so.

#supremecourtofindia #epfpension #epfo_pension_news_today #uulalit #employeeprovidentfund #judgement

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