How to Claim Advance/Reduced Pension Under EPS

Employee Pension Scheme (EPS) is a post-retirement pension plan guaranteed by the Government of India for the employees working in the organized sector. When an employee when joins an establishment covered under the Employees’ Provident Fund and Misc. Provisions Act,1952, he gets automatically enrolled for EPS.

A member can start receiving a pension under EPS only when he has rendered 10 years of cumulative service as per the EPFO records and has attained 58 years of age. However, the employee is also eligible to receive a reduced pension after attaining 50 years of age, if he has already retired at this age. But the pension amount would be lower than the regular pension.

It is to be noted that the pension amount under the EPS scheme is not dependent on the contributions made my employee to the EPF account. Instead, the service tenure and the last drawn pensionable salary are the factors which decide the monthly pension. Also, like regular pension, the reduced pension also gets credited to the family member’s account after the demise of the beneficiary.

Here is what you need to do claim a reduced pension under EPS.

• Form 10D is applicable for both reduced or regular pension. There is no separate or attached form for the reduced pension. Fill up Form 10D for claiming regular/reduced pension under EPS.  However, the entire procedure of claiming the reduced pension can be done only through the offline mode.
• The pension can be claimed by the member himself or the widow/widower, major/orphan, guardian, nominee or a dependent parent.
• The member needs to furnish details like name, gender, marital status, father or spouse name and date of birth or age in the form itself.
• The claimant needs to fill in EPF account details like establishment code, member’s account number, Regional Office, and Office details.
• The claimant also needs to fill in name and address of the establishment where the member was last employed. Apart from that, the member needs to furnish details like the date of leaving the service, the reason for leaving the service, family details and address for communication. If the member has passed away then the claimant need to fill in date of his death as well as the death certificate.
• The member has to fill in details of EPS scheme certificate already in his possession along with the name of the issuing authority.

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Documents Required To Be Enclosed With Form 10D

• 3 Passport Sized Photographs
• Descriptive role of the pensioner along with his signature/thumb impression on the claim form attached with Form 10D.
• In case of permanent disability, the employee needs to undergo for a medical examination before the medical board appointed by EPFO. The relevant documents as issued and verified by the board must be attached with the form.
• Further, the establishment has to mention the certificate and the wage particulars of the member at the time of retirement.

Once you have filled Form10D with the required details and attached the required documents, the form goes to an EPF officer for verification. After verifying the form, the process of disbursal of the monthly pension in the beneficiary’s account under EPS gets initiated.