The government is mulling a bouquet of schemes to deliver pension, provident fund and health insurance benefits for all workers in the country.
For most salaried individuals, the Employees' Provident Fund (EPF) forms the backbone of their savings needs. Now the scheme is undergoing sweeping changes.
कर्मचारी भविष्य निधि संगठन (epfo) के सदस्य के पास अब एक महीने तक बेरोजगार रहने की स्थिति में 75% तक राशि निकालने का विकल्प होगा.
EPFO directs all field offices to revise Pension Non-settlement of pension cases as per Supreme Court order - Delay causes hardship to EPFO Members and amounts to non compliance of the order of the Hon’ble Apex Court
EPFO cuts administrative charges to 0.5% ; 5 lakh employers together would save around Rs 900 crore…
The EPFO decided to cut the administrative charges in view of its expanding business and high recovery of such fees. According to the EPFO estimates, the employers would save in total around Rs 900 crore annually after this move.
Retirement fund body has asked its field offices to credit 8.55 per cent rate of interest for 2017-18, the lowest rate since 2012-13 fiscal, into the PF accounts of around 5 crore subscribers.
Umang app provides 213 services across 39 department in nine states. Umang can be explored on multiple channels such as smartphones, desktops and tablets.
The labour ministry has decided not to act on a proposal approved by the EPFO to increase the salary threshold from up to Rs.15,000 to Rs.21,000 per month to bring more workers under mandatory EPF coverage and give them PF and pension…
The retirement fund manager has asked banks and post offices to facilitate pension disbursement without making senior citizens do the rounds.
EPF Pension Portal launched for getting all Employee Provident fund Pension details - PIB News - Pensioner's Portal at EPFO website
The EPFO issued a circular on March 23, stating that pensioners who were unable to submit digital life certificate should not be deprived of pension they are entitled to receive.