NOTIFICATIONSNational and state amendments and government orders |
| Notification No. | No.PenII/6556/clarification | |
|---|---|---|
| Date of Release | 17-8-2022 | |
| State | National | |
| Act | Employees Provident Fund Scheme | |
| Description | The EPFO has issued a notification that amends Section 9(A) of the Employees Pension Scheme for the determination of the settlement of pension claims to workers of seasonal factories and establishments. It states that the contributory service for new entrants will be treated as eligible service, rounded off to the nearest year. In seasonal establishments operational for four months, for instance, if an employee has contributed for all four months, it shall be treated as a full year. | |
| Date of Effect | 17-8-2022 | |
| Section | ||
| Applicability | N/A | |
| Exemption | N/A |