Pension scheme exemption depends on equivalent alternative benefits, employee consent for transfers, and time-bound disposal of applications. Exemption from the operation of the Employees' Pension Scheme, 2026 may be granted if employees are covered by another pension scheme, or by a scheme providing benefits at par with or more favourable than the Scheme. Applications must be made to the Regional Provident Fund Commissioner with the relevant scheme and documents, scrutinised with recommendations of the Central Provident Fund Commissioner, and decided by the appropriate Government. Pending disposal, the employer's share is not remitted to the Pension Fund, and if the application is not decided within six months from receipt of a complete application, the exemption is deemed granted.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Pension scheme exemption depends on equivalent alternative benefits, employee consent for transfers, and time-bound disposal of applications.
Exemption from the operation of the Employees' Pension Scheme, 2026 may be granted if employees are covered by another pension scheme, or by a scheme providing benefits at par with or more favourable than the Scheme. Applications must be made to the Regional Provident Fund Commissioner with the relevant scheme and documents, scrutinised with recommendations of the Central Provident Fund Commissioner, and decided by the appropriate Government. Pending disposal, the employer's share is not remitted to the Pension Fund, and if the application is not decided within six months from receipt of a complete application, the exemption is deemed granted.
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