Key Points
The labour ministry said, More than 3.6 lakh Applications for Validation of Option / Joint Options are still pending with the employers for processing."..
Therefore, in order to ensure that employers process these remaining Applications for Validation of Option / Joint Options, the Chairman, CBT EPF has kindly approved the proposal to grant another extension of time for the employers for uploading wage details online etc till 31st May, 2024," the labour ministry statement read..
Earlier in February 2023, in compliance with the Supreme Court order dated October 4, 2022, the retirement fund manager provided an online facility for submitting applications for validation of option/joint options for pension on higher contributions..
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