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EPFO underpaid EPS pension by ₹1,350; consumer commission orders refund with interest

Business 26 Jul 2026
EPFO underpaid EPS pension by ₹1,350; consumer commission orders refund with interest

A consumer commission ordered EPFO to refund ₹1,350 plus interest after miscalculating an employee's EPS withdrawal benefit. The commission ruled that EPFO used the wrong factor for calculations, leading to a shortfall in the payout. Details here.