Supreme Court hears the validity of pension scheme amendment

The pensioners had earlier informed the apex court that asking the employees to contribute 1.16% for salaries above Rs 15k was against Employees' Provident Funds And Miscellaneous Provisions Act, 1952

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The Court was informed that if an employee wants to contribute above the threshold limit of the base salary of Rs 15,000 then they can contribute 1.16% of the salary.

Bhavini Mishra New Delhi

3 min read Last Updated : Aug 10 2022 | 9:30 PM IST

New Delhi

The Supreme Court on Monday heard the EPF pension case and said the difference between Employees Provident Fund Organisation (EPFO) and Employees Pension Scheme(EPS) has to be determined to assess the pension scheme amendment.

The pensioners had earlier informed the apex court that asking the employees to contribute 1.16% for salaries above Rs 15,000 as per the Employee's Pension (Amendment) Scheme, 2014 was against the Employees' Provident Funds And Miscellaneous Provisions Act, 1952.

The bench of Justices U U Lalit, Aniruddha Bose, and Sudhanshu Dhulia heard the appeals filed by the Employees Provident Fund Organisation challenging the Kerala, Rajasthan, and Delhi

Topics : pension scheme Supreme Court

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