EPS-95 pension: Bombay High Court rules in favour of private sector employees seeking pension on higher wages

The Bombay High Court has ruled that the Employees' Provident Fund Organization (EPFO) cannot reject private sector employees' applications for higher pension under the Employees' Pension Scheme 1995 (EPS-95) solely because their employer's PF trust rules cap contributions. The court directed EPFO to process and allow the petitioners' joint options within eight weeks.