EPS 95 Pensioners Very Important Copy of the Communication from one of EPS 95 Pensioner About Four Information as Under:

First I introduce myself, My name is Piramangayagm, Retired Regional Manager, Co-optex, Tirunelveli, Tamilnadu. Secondly I thank u very much for your continuance effort for the welfare of EPS 95 PENSIONER. Today I saw your message regarding some details supplied filed by EPFO in the review petition filed before Supreme Court. In this connection I submit few words, Sir As per the details furnished under RTI by the EPFO it is seen that higher pension has sanctioned tp 23668 pensioners and the old pension and revised pension details are as follows:
Search Your Higher Pension Below:

Revised Pension paid for 23668 Pensioners =Rs.14, 56,45,275
Old pension paid for 23668 pensioners = Rs. 4,71,92,456
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Difference amount for 23668 pensioner = Rs. 9,84,52,816
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The details of pensioners who paid on ceiling wage
as figures supplied under RTI is as follows:
Unexampled Establishment pensioners = 4,89,845
Exempted establishment pensioners = 4,55,228
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Total No of pensioners =10,44,073
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By assuming that higher pension additional pay out for 23668 pensioners are Rs,9,84,52,816 per month as the figures submitted by EPFO in the RTI reply, the additional pension pay out may be worked out for the above 10,44,078 pensioners may be roughly estimated hereunder:

Additional Pay our 23668 pensioners = Rs. 9,84,52,816 P.M
In the same ratio for 10,44,073 eligible pensioners
it may come = Rs,434,30,76,177 P.M
Yearly additional pension payout = Rs.5211,69,14,125 Per year

Even if we add 50 % by assuming the discrepancies it may be estimate Rs. 7817.53 crores per year. But is wondered how the K.A.Pandit consultant and Actuaries estimate the financial burden as 5, 75,918.88 crores. More over the pension amount may to be increase since there is no .D.A. as in the Govt Employees and the pension amount may be come down if any of the pensioners deceased. Further that the pensioners who were sanctioned higher pension has remitted the differential amount with interest to the tune of Rs.688.43.42.448 whereas EPFO has paid arrears amount to the pensioners to the tune of RS.705,74,12,973 to the pensioners who got higher pension as per the figures furnished by EPFO and even this payment is also onetime payment. It is nevertheless to point out the central and State government pension amount was not 5,75,918.88 crores as pointed by the Consultant even though they are getting more pension even after EPFO sanction higher pension as per the EPS95 FORMULA. The consultant and actuarial misguided the Court by giving erroneous figures.
In the RTI reply the EPFO has stated that the following pensioners are getting less than ceiling wages as follows:
EXEMPTED ESTABLIGHMENT = 6.22.671
UNEXEMPTED ESTABLISHMENT =25,46,067
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Total = 31,68,738
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Since they are in the slab of less than ceiling wages they will be eliminated in this process.So additional pay out does not arise in this category and other category who are getting Rs.1,000/- as minimum pension are not come under higher pension category.

So only limited number pensioners (i.e) 10,44,073 pensioners alone come under the higher pension category as per the data provided by EPFO under RTI. For the 10,44,073 pensioners the additional financial commitment of Rs.5,75,918.88 crores as pointed by Consultant and Actuaries is unrealistic and unbelievable.
Kindly see my points and i kindly request to continue your effort for the EPS 95 PENSIONERS. SIR. I ONCE AGAIN THANK YOU SIR.
S.PIRAMNAYAGAM, TIRUNELVELI