Fix Wrong EPS Contributions: EPFO Details Refund & Correction Process

Business
M
Moneycontrol•08-01-2026, 18:01
Fix Wrong EPS Contributions: EPFO Details Refund & Correction Process
- •EPFO identified errors in Employees’ Pension Scheme (EPS) contributions, affecting eligibility and future benefits.
- •Errors include ineligible employees contributing to EPS and eligible employees' contributions wrongly going to PF.
- •EPFO established a uniform process to correct records, transfer funds between PF and pension accounts, and adjust service history.
- •Wrongly made EPS contributions will be reversed to PF; wrongly denied EPS will have funds transferred from PF to pension.
- •Employees should review their EPS records on the EPFO portal and report discrepancies to EPFO or employer.
Why It Matters: EPFO streamlines EPS error correction to secure employee pension benefits and ensure accurate records.
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