Dawra also announced major pension reforms, stating that EPFO’s 78 lakh pensioners will now receive benefits through a centralized pension system, allowing them to access their pensions from any ...

Speaking on the initiative exclusively with ANI, Dawra said EPFO currently has around 7.5 crore active members who maintain their PF accounts and contribute towards their pension. "We have ...

Association also remarked that Employees’ Pension Scheme (EPS) covers around 75 lakh pensioners. The association said that the government has overlooked in the newly announced UPS that will benefit 23 ...

Geographical limitations for pension withdrawals, which were only for selected bank branches, no longer exist. The EPFO faced a daunting task in introducing these reforms, Dawra said. The organisation ...

Halfpoint Images / Getty Images Provident funds and pension funds are two types of retirement plans used around the world, but their specifics differ from region to region. Provident funds, ...

Since the National Pension Scheme (NPS) operated on a voluntary basis and the Employees' Pension Scheme (EPS) under EPFO has a wage ceiling of Rs 15,000 per month, large sections of the workforce ...

Your paycheck, your tax return, your home, your 401(k), and, yes, even your pension if you’re one of the relatively few people who still have one. If you’ve never heard of a pension advance ...

Breaking down the figures, Soh said that with 2.5 million foreign workers in the country, the EPF contribution alone would translate to RM1,700 per worker annually, multiplied by 13%, adding RM6 ...

Please enter contribution towards NPS per month . Expected rate of return on NPS investment Please enter rate of return on NPS investment. National Pension System (NPS) is a government sponsored ...

Providing details, the minister said Rs 11,310.33 crore was distributed under the Old Age Pension Scheme. In FY 2022-23, Rs 3,651.08 crore was allocated to 21.26 lakh beneficiaries, followed by Rs ...