The Supreme Court on Monday paved the way for higher pension to all private sector employees by dismissing a special leave petition filed by Employees Provident Fund Organisation (EPFO) against a Kerala High Court judgment. The HC had asked EPFO to give pension to all retiring employees on the basis of their full salary, rather than capping the figure on which contribution is calculated at a maximum of Rs 15,000 per month.
"We find no merit in the special leave petition. The same is, accordingly, dismissed,’’ the SC ruled.
The Supreme Court on Monday paved the way for higher pension to all private sector employees by dismissing a special leave petition filed by Employees Provident Fund Organisation (EPFO) against a Kerala High Court judgment. The HC had asked EPFO to give pension to all retiring employees on the basis of their full salary, rather than capping the figure on which contribution is calculated at a maximum of Rs 15,000 per month.
"We find no merit in the special leave petition. The same is, accordingly, dismissed,’’ the SC ruled.
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