Benefit of two years weightage of service to the members with 20 or more years of Pensionable Service under Employees’ Pension Scheme, 1995 EMPLOYEES’ PROVIDENT FUND ORGANISATION (Ministry of Labour & Employment, Govt. of India) Head Office Bhavishya Nidhi Bliawan, 14, Bhikaji Cama Place, … [Read more...] about Benefit of 2 years weightage of service to the members with 20 or more years of Pensionable Service under Employees’ Pension Scheme, 1995 : EPFO
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EPFO
EPFO plans to hike minimum pension to Rs.2,000/-
EPFO plans to hike minimum pension to Rs.2,000/- The Employees Provident Fund Organization (EPFO) is considering an option to double the minimum pension amount to Rs2,000. The financial implications of the move are being measured. There were plans to announce the decision before the strike of … [Read more...] about EPFO plans to hike minimum pension to Rs.2,000/-
Pledging Provident Fund to buy home may soon become a reality
Pledging Provident Fund to buy home may soon become a reality Retirement fund body EPFO may soon introduce a scheme to allow its over 4 crore subscribers to pledge their provident fund to buy low-cost houses and use the account to pay equated monthly installments. “We are working on a housing … [Read more...] about Pledging Provident Fund to buy home may soon become a reality
Senior citizen welfare fund: Norms out; 9 member panel to administer
Senior citizen welfare fund: Norms out; 9 member panel to administer The ministry released the notification dated March 18 about the fund, which will be utilised for schemes for the promotion of the welfare of senior citizens in line with the National Policy on Older Persons and the National Policy … [Read more...] about Senior citizen welfare fund: Norms out; 9 member panel to administer
EPFO disbursed Rs. 47,630 crore as member benefits and Rs. 8,200 crore as monthly pensions in 2015-16
EPFO disbursed Rs. 47,630 crore as member benefits and Rs. 8,200 crore as monthly pensions in 2015-16 In 2015-16, EPFO disbursed approximately Rs. 47,630 crore as member benefits and Rs. 8,200 crore as monthly pensions. To monitor the status of enrolment of contractual employees especially in … [Read more...] about EPFO disbursed Rs. 47,630 crore as member benefits and Rs. 8,200 crore as monthly pensions in 2015-16