If you have contributed to EPFO for 10 years, then you become entitled to a pension after retirement. How much pension you will get is decided by a formula. In this, the total period of your job ...
According to the information available, the Finance Ministry has asked the Ministry of Labour and Employment to make an agreement on the proposal to increase the minimum monthly pension ... the ...
There has been a long-standing demand to increase the minimum pension under the Employees’ Provident Fund Organisation (EPFO) for private sector employees. In September 2014, the Centre had last ...
The Employees Provident Fund Organisation fears that it may have to spend ₹1,86,920 crore to pay just 50% of the total applicants for a higher pension. In a note circulated to the Central Board ...
The workers’ representatives have been seeking clarifications on the EPFO’s decision to compute the higher pension on a pro-rata basis. The EPFO, in a recent circular to its regional offices ...