New Delhi: The Central Board of Trustees of EPFO has extended the time, for the employers to submit wage details and other required information till December 31, 2023.
The decision was taken following several requests from Employers and Employers Associations to extend further time period for uploading wage details of applicant pensioners and members.
A total of 5.52 lakh applications for validation of option / joint options are still pending with employers, as of September 29.
This postponement comes after two earlier extensions to submit the details.
The facility to submit applications for Validation of Option /Joint Options for pension on higher wages online was launched on 26.02.2023 and was to remain available only till 03.05.2023.
The facility was started in compliance with the Honble Supreme Court order dated 04.11.2022.
However, considering the representations of the employees, the time limit was extended to 26.06.2023 in order to provide complete four months time to eligible pensioners / members for filing applications.
A last opportunity of 15 days was further given to remove any difficulty faced by the eligible pensioners/ members.
Accordingly, the last date for submission of Applications for Validation of Option / Joint Options by employees was extended to 11.07.2023.
As many as 17.49 lakh Applications for Validation of Option / Joint Options were received from pensioners / members till 11.07.2023.
