EPFO to pay 8.5% interest for the year 2012-13
Employees covered by EPF (Employees Provident Fund) to get 8.5% interest for the year 2012-13on the deposits made
Withholding of 10% Gratuity from the retiring government employees
WITHHOLDING OF 10% GRATUITY FROM THE RETIRING GOVERNMENT EMPLOYEES TOWARDS DUES IF ANY TO BE PAID FOR GOVERNMENT ACCOMMODATION ALLOTTED
Aadhaar not mandatory for EPF members
Aadhaar not mandatory for EPF members – EPFO withdrew its previous decision of making Aadhaar mandatory for EPF members from 1st March, 2013
GPF Interest Calculator for the year 2012-13
GConnect GPF Interest Calculator for the year 2012-13 estimates GPF Interest which is marginally increased by Government for the year 2012-13 to 8.8%
Central Government Employees Group Insurance Scheme 1980 – tables of Benefits
Central Government Employees Group Insurance Scheme 1980 ( CGEGIS ) – tables of Benefits from 1st January 2013 to 31st December 2013
EPF Contribution based on gross salary – Govt likely to review
EPF Contribution based on gross salary – Decision of Employees Provident Fund Organisation (EPFO) taken earlier this month likely to be reviewed.
SBI Sampoorn Suraksha – Private Group Insurance Scheme for EPFO Subscribers
EPFO approves the Group Insurance Scheme “Sampoorn Suraksha”offered by SBI Life Insurance for EPF subscribers SBI Sampoorn Suraksha to provide Assurance benefits to EPF subscribers with a minimum of Rs. 1,32,000 SBI Sampoorn Suraksha-Employees’ Provident Fund Organisation has approved the proposal for allowing Insurance Companies approved by IRDA to offer Group Insurance scheme to EPF…
EPF Beneficiaries in the Country
As on 31.03.2012, total number of beneficiaries under Employees’ Pension Scheme 1995 are 41.03 lakhs and the amount of pension paid to these pensioners by the Employees’ Provident Fund Organisation (EPFO) is Rs. 4475.45 crores.
Bonus for Postal Life Insurance Scheme
Department of Posts has published a Gazette Notification regarding declaration of simple reversionary Bonus for the year ending 31-03-2009 on the Rural Postal Life Insurance Policies on their becoming claims, due to death or maturity
Employee Provident Fund interest may be hiked to 8.8%
The Employees’ Provident Fund Organisation is likely to add to the festive cheer by announcing an 8.8 per cent return on retirement savings for 2012-13, significantly higher than the 8.25 per cent set for the previous financial year.
Update on E-Samrath – Project to create central database of GPF accounts
CGA Instructions to update GI data to provide Unique IDs to GPF subscribers. E-Samrath is a project undertaken by Department of Expenditure to create a Central Database of GPF Subscribers – Once this project is completed all GPF account holders can verify their account online. The following Office Memorandum is the recent development in E-Samrath.
Employees’ Pension (Amendment) Scheme, 2012
Employees’ Pension (Amendment) Scheme, 2012 – Eligible Service for pension of International worker includes the period of coverage under relevant social security programme in another country