EPFO ordered to refund ₹1,350 over EPS payout miscalculation

The EPFO has been ordered by a consumer commission to refund ₹1,350, along with interest and compensation, after underpaying an employee's EPS withdrawal claim. The commission found the EPFO used the wrong calculation factor, resulting in a lower payout. The employee was entitled to ₹14,100, but received ₹1,350 less than the correct amount.

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