And you’re going to train up until October 2023. An important event for the private sector workforce: the Employees’ Provident Fund Organisation (EPFO) has come up with a new salary and pension hike that could double the financial benefits for millions of employees. It is a major facet of the government’s wider push for individuals’ … Read more
In a historic move toward ensuring post-retirement security of employees in the private sector, a new pension scheme has been introduced by the Employees’ Provident Fund Organization (EPFO), under which eligible private employees will be able to get ₹9,000 or more every month. The scheme backs the long-term vision of the Government: dignified retirement for … Read more
In a breakthrough initiative aimed at enhanced security and convenience, face authentication technology will be used from 2025 onwards for applications by members of the Employees’ Provident Fund Organisation (EPFO). This pioneering project intends to facilitate easy access, strengthen identity verification, and ensure speed of service delivery to an excess of 6 crore EPFO members … Read more
The government seems to be planning a steep hike in EPFO pensions, as this would probably come as a major relief to millions of retirees, all in hopes of better financial security for pensioners, most of whom have at one time or another lamented about low monthly pay-outs under the Employees’ Pension Scheme (EPS). In … Read more
The Employees Provident Fund Organization (EPFO) has provided all types of online facilities to its members for claims relating to provident funds (PF) disbursement, advances, or part withdrawal from pensions. The process is so easy regarding the steps involved that there is no need for a user to visit any EPFO Office. Here is a … Read more
Major development yesterday in Employees’ Pension Scheme (EPS) as around 22000 members of the Employees’ Provident Fund Organisation have started receiving higher pensions after the latest modification made by the government. On the contrary, over more than 1.65 lakh applicants have to furnish more contributions to get eligible for the increased pension benefits. This particular … Read more