One of the reasons behind EPFO extending the deadline for higher pension application is to prevent members of the Employees' Provident Fund Organisation from being at a disadvantage due to the COVID-19 pandemic and its economic impact.
The extension of the deadline from March 31, 2021, to September 30, 2021, was made in response to requests from various quarters to give members more time to apply for a higher pension.
Another reason for the extension is to allow for a greater number of members to be able to avail of the scheme, which entitles pensioners to a higher payout.
The move is also aimed at ensuring that EPFO members are not adversely affected if they do not apply for the scheme before the original deadline.