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 ...
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Newspoint on MSNEPFO Pension: How Much Can You Expect After 10 Years of Service?The Employees' Provident Fund Organisation (EPFO) offers a pension scheme known as the Employees’ Pension Scheme (EPS).
It is noteworthy, that the Union Labour Minister Santosh Gangwar recently said that the increase in minimum pension would increase the burden on the government. If this proposal is passed, around ...
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 ...
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