Employees Pension (Amendment) Scheme, 2020
Employees Pension (Amendment) Scheme, 2020 – Restoration to normal pension in cases of grant of commutation
EPFO: Conducting Inquiries through e-Court Software
EPFO e-Court Management System: Conducting Inquiries through e-Court Software – Paperless quasi judicial proceedings in the Organisation and to bring transparency and e-monitoring of quasi judicial proceedings
Pension commutation or advance partial withdrawal under EPFO from Jan 1, 2020
Labour ministry will issue a notification to restore pension commutation or advance partial withdrawal under the Employees’ Pension Scheme of EPFO from January 1, 2020
Number of active members and pensioners under EPFO
Number of active members and pensioners under Employees’ Provident Fund Organisation (EPFO) at present are 4,50,60,972 members and pensioners are 65,95,575
Medical Insurance to Pensioners of EPFO
Government provide the pensioners of Employees’ Provident Fund Organisation (EPFO) with Medical Insurance through the Employees’ State Insurance Corporation
EPFO has launched UAN registration, E-Inspection, Digi Locker facility for pensioners
Employees’ Provident Fund Organisation, EPFO has launched UAN registration, E-Inspection, Digi Locker facility for pensioners; Check the benefits To bring added benefits to employees, certain regulations of the Employees’ Provident Fund Organisation (EPFO) are going to be changed soon. The Ministry of Labor under the Central Government has issued a notification regarding the step to…
EPFO Approved a proposal to restore commutation under the Employees’ Pension Scheme
New Delhi: Providing relief to 6.3 lakh pensioners, retirement fund body EPFO has approved a proposal to restore commutation, or advance part-withdrawal, under the Employees’ Pension Scheme. The move would benefit the pensioners who had opted for commutation and got a lump sum amount at the time of retirement before 2009. The provision for commutation…
Organising Nation-wide Pension Adalat on 23rd August, 2019
Organising Nation-wide Pension Adalat on 23rd August, 2019 – EPFO
40 pension and PF trusts have a combined debt exposure of Rs 3,300 crore to DHFL
At least 40 pension and provident fund trusts, mainly from the public sector, have a combined exposure of around ₹3,300 crore to troubled Dewan Housing Finance Ltd (DHFL), one of India’s largest housing finance companies that has faced a series of credit rating downgrades. According to filings with Registrar of Companies, State Bank of India…
EPFO pushed for digitisation on the backbone of Aadhaar KYC authentication
If it wasn’t for the government announcement that brought tax benefits to the National Pension System (NPS), 2018 would have been rather lacklustre. The pension fund managers who have been waiting for over two years for fresh licences—the bid for new licences happened in September 2016—continue to be disappointed. Pension fund managers are operating on…
Prevention of frauds in Pension payments – EPFO
Prevention of frauds in the process of Pension payments to pensioners in the field offices – EPFO
Senior pensioners call for indefinite hunger strike on December 4 – EPS 95 scheme
Senior pensioners aged 60 and above called for an indefinite hunger strike from December 4 to protest low payouts from the Employers Provident Fund Organisation (EPFO)-95 scheme.