EPFO – Settle Death claims within 7 days Field offices of EPFO directed to settle claims in cases of deaths within seven days of receipt of such claims The field offices of Employees’ Provident Fund Organization (EPFO) have been directed to settle claims in cases of deaths within seven days of receipt of such claims. […]
EPF Member can withdraw 90% fund for purchase of house
EPF Member can withdraw 90% fund for purchase of house Government to Amend EPF Scheme, 1952 to Enable EPF Members to Withdraw upto 90 Percent Fund for Purchase of House The Government has taken a decision for modification in the Employees’ Provident Funds (EPF) Scheme, 1952 to add a new paragraph 68 BD under which […]
CBT recommends 8.65% interest on EPF
CBT recommends 8.65% interest on EPF Press Information Bureau Government of India Ministry of Labour & Employment 19-December-2016 16:54 IST Shri Bandaru Dattatreya chaired the 215th meeting of the Central Board of Trustees (EPF) CBT recommends 8.65% interest on EPF to its subscribers for the year 2016-17 The Minister of State for Labour and Employment […]
Death Claims to be Processed within 07 Days and Retirement Claims to be Settled on the Day of Retirement
Death Claims to be Processed within 07 Days and Retirement Claims to be Settled on the Day of Retirement Payment of Statutory Contributions Henceforth only through Internet Banking The Prime Minister of India during the PRAGATI review meeting held on 26th October desired that claims related to death cases be prioritized and expedited and retirement […]
Benefit of two years weightage of service to the members with 20 or more years of Pensionable Service under Employees’ Pension Scheme, 1995
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, New Delhi – 110 066. Letter No. Pension-I/3(4)16/2/15850 Dated 20 Sep […]
EPFO plans to hike minimum pension to Rs.2k
EPFO plans to hike minimum pension to Rs.2k 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 central trade unions on September 2. However, sources said, […]