✅Supreme Court Decision on PF Pension 📈 Increase | Latest Pension news | Financial News

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01:00 Issues regarding pension
03:38 History behind pension
05:28 Kerala High Court’s decision
07:06 Supreme Court’s decision
09:00 Impact on pension calculation
10:31 Whose pension will increase?
11:00 Steps to increase pension
12:10 The roadblocks to this decision

So the Supreme Court recently ruled in favor of thousands of pensioners who were fighting for an increased pension. The case for higher pension was going on for years at the Kerala High court, and now the Supreme Court has finally set aside the GSR 609(E) of the EPFO that bars pensioners to get a higher pension. Know all about the Supreme Court’s decision on EPF pension increase and whether you're eligible or not.

As per the rules, the maximum pension a person could get after their retirement is Rs 7500 per month. This will soon change as the latest ruling suggests that the new maximum pension would be 50% of the actual wages of the employee, at the time of retirement. Pensioners will also be able to get the pension based on their last year's salary and not on the basis of the average salary of the last 60 months.

If you are clueless about this decision and the higher pension case, you must watch the exclusive interview with Mr. Praveen Kohli who was the first man to get a higher pension, up from Rs 2372/month to a whopping Rs 30592/per month. He has become a pension activist, fighting for the rights of lakhs of pensioners of our country, and his actions do leave major impacts in the EPFO dept.

Interview of Mr. Kohli Part 1: https://www.youtube.com/watch?v=vZF5q...
Interview of Mr. Kohli Part 2: https://www.youtube.com/watch?v=GOg_8...
Pension calculation tutorial: https://www.youtube.com/watch?v=Hn2gh...
PPF (Public Provident Fund) tutorial: https://www.youtube.com/watch?v=H_8eh…
How to avoid loss in PPF account?: https://www.youtube.com/watch?v=3e4zv...
All about (FD) Fixed Deposits: https://www.youtube.com/watch?v=raW2F...
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Read about this in English: https://labourlawadvisor.in/blog/?p=2120
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#Pension #SupremeCourt #EPFO

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