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Released Date: 8th May, 2017

Central

Clarification On Additional Two Years Pensionable Service Weightage To Members Of EPS

As per EPFO circular dated 8th May 2017, EPFO has given clarification on the amendment made to the Employees Pension Scheme by notification released in the official gazette on 23rd June 2009. EPFO has stated that after amendment that was in effect from 24th July 2009 a member is eligible for benefit of 2 year weightage of service provided he superannuates on attaining the age of 58 years and he has rendered 20 years pensionable service or more, prior to amendment member had to fulfil either only one of the two conditions or both. Thus, if a member of EPS fulfils both these conditions then his pensionable service shall be increased by adding a weightage of 2 years

Effective Date: 24th Jul, 2009

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