Pension Scheme (EPS), which is overseen by the EPFO will receive their pension early on October 29, 2024, as per a circular issued by the retirement fund organization.
According to the EPFO circular dated October 25, 2024, “Keeping in view the upcoming Diwali festivities and the associated public holidays, it has been decided to release the pension for the month of October 2024 on 29th October 2024. This aims to ensure that pensioners receive their pensions in advance without any delay and can withdraw their pension on 30th October as 31st October is a holiday”
The EPFO has recommended that all Zonal and Regional Offices give the required directives to the banks that pay pensions under their purview in order to guarantee that the aforementioned is carried out.
EPF pension: What is the formula for calculating pension amount?
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