{"id":130071,"date":"2017-05-10T12:27:06","date_gmt":"2017-05-10T06:57:06","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=130071"},"modified":"2017-05-10T12:27:06","modified_gmt":"2017-05-10T06:57:06","slug":"benefit-of-2-years-weightage-of-service-under-employees-pension-scheme","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2017\/05\/10\/benefit-of-2-years-weightage-of-service-under-employees-pension-scheme\/","title":{"rendered":"Benefit of 2 years weightage of service under Employees Pension Scheme"},"content":{"rendered":"<p style=\"text-align: justify;\">[Letter No: Pension-Pen-I\/3\/4\/2016\/MOL&amp;E\/2 ;\u00a0Dated: 08.05.2017]<\/p>\n<p style=\"text-align: justify;\"><strong>Subject:<\/strong> <strong>Benefit of 2 Years weightage of Service to the members with 20 or more years of pensionable service under Para 10(2) of Employees Pension Scheme, 1995 \u2014reg.<\/strong><\/p>\n<p style=\"text-align: justify;\">Attention is drawn to Head Office letter No. Pension-I\/3(4)16\/7915 dated 25.07.2016 and letter No. Pension-I\/3(4)16\/2\/15850 dated 20.05.2016 on the above cited subject. Still various communications are being received by the Head Office from pensioners relating to the grant of benefit of two years weightage. Hence, in continuation of the aforesaid letters, it is clarified as under:<\/p>\n<p style=\"text-align: justify;\">Para 10(2) of EPS, 95 was amended vide G.S.R. 546 (E) dated 23.06.2009 (w.e.f.24.07.2009). After amendment the Para 10 (2) reads as under :<\/p>\n<ul style=\"text-align: justify;\">\n<li>In the case of the member who superannuates on attaining the age of 58 years, and who has rendered 20 years pensionable service or more, his pensionable service shall be increased by adding a weightage of 2 years.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">Prior to amendment para 10(2) stood as under :<\/p>\n<ul style=\"text-align: justify;\">\n<li>In the case of the member who superannuates on attaining the age of 58 years, and\/or who has rendered 20 years pensionable service or more, his pensionable service shall be increased by adding a weightage of 2 years.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">After amendment that is w.e.f. 24.07.2009 a member is eligible for benefit of 2 year weightage of service provided :<\/p>\n<p style=\"padding-left: 30px; text-align: justify;\">i.\u00a0He superannuates on attaining the age of 58 years and<\/p>\n<p style=\"padding-left: 30px; text-align: justify;\">ii.\u00a0He has rendered 20 years pensionable service or more.<\/p>\n<p style=\"text-align: justify;\">Prior to the amendment that is up to 23.07.2009 a member is eligible for benefit of 2 years weightage of service in the following three conditions :<\/p>\n<p style=\"padding-left: 30px; text-align: justify;\">i.\u00a0Member superannuates on attaining the age of 58 years and has rendered 20 years pensionable service or more.<\/p>\n<p style=\"padding-left: 30px; text-align: justify;\">ii.\u00a0Member superannuates on attaining the age of 58 years.<\/p>\n<p style=\"padding-left: 30px; text-align: justify;\">iii. Member has rendered 20 years pensionable service or more.<\/p>\n<p style=\"text-align: justify;\">Thus, where the date of leaving service is before 24.07.2009 benefit of 2 years weightage of service will be given even if a member had opted for pension before attaining 58 years of age, as informed above.<\/p>\n<p style=\"text-align: justify;\">In this regard necessary changes have been made in the application software and the war has been released to all field offices on 27.03.2017.<\/p>\n<p style=\"text-align: justify;\">In light of the above, it is requested to take necessary action to dispose off all references\/grievances pending at your end.<\/p>\n<p style=\"text-align: justify;\">(This issues with the approval of ACC Pension)<\/p>\n<p style=\"text-align: right;\">EMPLOYEES PROVIDENT FUND ORGANISATION<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[Letter No: Pension-Pen-I\/3\/4\/2016\/MOL&amp;E\/2 ;\u00a0Dated: 08.05.2017] Subject: Benefit of 2 Years weightage of Service to the members with 20 or more years of <\/p>\n","protected":false},"author":91,"featured_media":83591,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[17341,17351],"class_list":["post-130071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-employees-pension-scheme","tag-weightage-of-service"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Benefit of 2 years weightage of service under Employees Pension Scheme | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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