The EPFO notified the scheme Employees' Pension (Amendment) Scheme, 2020.
In the Employees' Pension Scheme, 1995, after paragraph 12, the following paragraph 12B shall be inserted.
“12B. Restoration to normal pension in cases of grant of commutation. – The normal pension in respect of those members who availed the benefit of commutation of pension under the erstwhile paragraph 12A of this Scheme, on or before the 25th day of September, 2008, shall be restored after completion of fifteen years from the date of such commutation.”
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22In the Employees' Pension Scheme, 1995, after paragraph 12, the following paragraph 12B shall be inserted.
“12B. Restoration to normal pension in cases of grant of commutation. – The normal pension in respect of those members who availed the benefit of commutation of pension under the erstwhile paragraph 12A of this Scheme, on or before the 25th day of September, 2008, shall be restored after completion of fifteen years from the date of such commutation.”
For More Updates, Sign Up: https://lexbuddy.com/
Follow Us : http://linkedin.com/company/lexcomply
From India, Delhi
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EPFO Amendment On Restoration To Normal Pension In cases Of Commutation.pdf
EPF Pension.xls