WHY I did NOT opt for EPFO Higher Pension Scheme? | Every Paisa Matters

5 Reasons to NOT opt for EPF Higher Pension Scheme | EPS Higher Pension Online Scheme
After so many calculations with my EPF Higher Pension Calculator, I decided to not opt for Higher Pension for 5 main reasons. In this video I have shared my reasons for taking the decision and of not taking this Pension Scheme. While its a very lucrative scheme for employees looking for pension as a regular source of income for their retirement, still there are some open points which have made me to no opt it.
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#everypaisamatters #epfo #eps #pf #pension

[dhananjayvaidya]

पैसा भी जायगा
Pension घंटा
अपना पैसा दो हम Pension denge 😅

[dineshsenaiborker]

What you say is right.Bird in hand is 2 in the Bush.

[k.kkakkar]

Epfo की इन बातों से तो ऐसा लगता है कि कुछ भी स्पष्ट नहीं है और धोखा होने वाला है परन्तु आप का प्रयास बहुत सरहानीय है आप ने बहुत मेहनत की है 🙏

[laxmangeete]

Each & every questions are correct

[siddheshwardeshpande]

Government is not clear pension amount, government. Is not clear how Rs. Deposit with interest. EPFO want money from pensions for investment in market & when return they give higher pension without any government expenses. Government is not suffering for higher pension. After mejoer investment government is closed scheme.

[sandipbramhe]

Perfect analysis! Never seen any Govt scheme so opaque.

[anubhavbhatnagar]

Well said... a bird in hand is better than 2 in the bush.
This logic is good enough to decide🙏

[masterayush]

JAISA ANDHA KANOON hi WAISE ANDHA SARKAR hi,
MLA/MP CM/PM hote hi sirf apne swarth sewa ke liye jitne bar MP/MLA bante hi utni bar lifetime Pension lete hi aur Retired sramik karmachari budhape me bhukhe thokar khaker bhukhe mar jate hi.
BEST POLICY SOURCE OF INCOME WITHOUT INVESTMENT POLITICAL BUSINESS Netao ke liye.kanoon v andha ho jata hi.

[nitish.]

I had opt in in april-may 2023. My case is in process at epfo office due to missing documents from my employer. Can i now raise request for opt out ??

[shrinivaskarmarkar]

सर, जितनी पेन्शन सरकारी बाबूको मिल रही है, वो मेहेगाई से बंधी है, जिंकी सॅलरी जितनी नही थी, उससे जादा।
गरीब कर्मचारी इतना सारा पैसा कहासे जुटाएंगे? अगर होता तो fd करके राखता...

[HansGunter]

Positivity Always Wins, I'll be 57 in few days, by chance I stumbled here with courtesy on my approach on seeking for best ideas or ways to create wealth good enough to retire; cause if nothing is done about my finance now, my income will remain stable and expenditures continues to rise. I'm so exigent on this, any ideas?

[sacrajah]

A bird in hand is better than 2. Well said sir. If someone is not sure of life till 70 years(here noone is sure about his future). it is better not to join the scheme.

[sukantokar]

Good Analysis and everyone should rethink before invest own money

[arijitmukherjee]

Thoughtfull explantions, thanks. As an already retired persons I stand by with you.

[mohdtauqeer]

I think it is good for the employers who are getting retire after 4...5 years

[cmrafee]

What is higher pension scheme?
It is your own money that you return to the pension scheme(EPS), will be paid to you in instalments in the form of pension.

[suvashchandraswain]

EPFO higher pension scheme is a black cat in a dark room where there is no black cat.

[nupurchakravertee]

Ji. Bilkul Right. Higher pension ka form bharne se koi fayda nahi hai.

[niteshborkar]

Hello, Please make a video regarding where to invest this corpus amount to get closer returns..thnks

[TarunAttri]

The historical record suggests that governments have not consistently prioritized the interests of the middle class. Therefore, it may be preferable for individuals to have control over their own finances rather than entrusting them to a government that may allocate resources towards the appeasement of the majority poor population through subsidies, freebies and other forms of aid.

It is worth noting that throughout history, governments have demonstrated low degree of support for the middle and higher classes. hence, as a minority population, it is important for individuals to exercise caution when considering how their resources are managed by government.

KEEP YOUR MONEY IN YOUR OWN HANDS.