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EPFO higher pension status: Government says 99% of applications now processed

Upstox
By Upstox News Desk

2 min read | Updated on December 02, 2025, 07:07 IST

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SUMMARY

EPFO has processed 99% of higher pension applications under EPS 1995, the government said. Latest update includes PPO status, eligibility details and contribution data.

epfo higher pension

The EPS, 1995 is a 'Defined Contribution-Defined Benefit' Social Security Scheme. | Image: Shutterstock

The Employees’ Provident Fund Organisation (EPFO) has processed nearly 99 per cent of all applications submitted for higher pension benefits under the Employees’ Pension Scheme (EPS) 1995, Minister of State for Labour and Employment Shobha Karandlaje informed the Lok Sabha on Monday.

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In a written reply, the minister stated that EPFO has acted promptly to implement the Supreme Court’s landmark judgment of November 4, 2022, which allowed eligible employees to opt for higher pension contributions.

To facilitate this, EPFO introduced an online application window, enabling pensioners and members to submit joint option forms. By the final date, July 11, 2023, a total of 17.49 lakh applications had been successfully filed.

Out of these, employers forwarded around 15.24 lakh applications to the EPFO by January 31, 2025. As of November 24, 2025, nearly all applications received have been disposed of.

Karandlaje further informed the House that EPFO has issued 4,27,308 demand letters. However, 34,060 applicants were later found ineligible, largely due to non-payment of the required contribution amount. A total of 2,33,303 applicants have deposited the required amount or given their consent. Among them, 96,274 are currently in service, while 1,37,029 have already retired.

Of the retired applicants, EPFO has issued Pension Payment Orders (PPOs) to approximately 1,24,457 individuals, with another 12,572 PPOs in the final stages of processing. The minister clarified that the pro-rata pension calculation method outlined in Paragraph 12 of EPS 1995 is equitable and has been upheld by the Supreme Court.
She reiterated that EPS 1995 operates as a “Defined Contribution–Defined Benefit” scheme, funded through employer contributions of 8.33 per cent and central government support of 1.16 per cent of wages. Despite an actuarial deficit in the fund as of March 31, 2019, the government continues to ensure a minimum monthly pension of ₹1,000 and remains committed to securing maximum benefits for workers while maintaining fund sustainability.

-With PTI inputs

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Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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