Time to rethink retirement and financial security
You might have seen news about the Unified Pension Scheme (UPS), maybe even skimmed a few articles, and then moved on, thinking this is just another policy tweak that doesn’t concern you.
You might have seen news about the Unified Pension Scheme (UPS), maybe even skimmed a few articles, and then moved on, thinking this is just another policy tweak that doesn’t concern you.
New subscriptions to the Employees’ Provident Fund (EPF) scheme were down a percent in June from the previous month at 1.02 million.
The new pension scheme for its employees, inferior to the existing one, is a case in point. More disturbing is the denial, due to some flimsy objections, of the higher pension right to a large number of employees already covered under the Employees’ Provident Fund (EPF) scheme, not to speak of the total exclusion of a category of employees recruited after 1 September 2014.
The BMS will soon present a memorandum on its suggestions to the Finance Ministry, he said.
A spokesman said the CBT’s 229th meeting decided that the committees will have CBT members representing employees, employers, as well as, representatives of the Government.
Union Labour Minister Bandaru Dattatreya on Thursday said the Finance Ministery has revised interest rate on Employees' Provident Fund (EPF) to 8.65…
Employees Provident Fund (EPF) subscribers and pensioners can now seed in their Aadhaar numbers in their accounts at any EPF…
The Central Board of Employees Provident Fund Trustees today met under the chairmanship of Minister of State for Labour and…
Government will amend EPF scheme to enable around 4 crore members of retirement fund body EPFO to withdraw up to…
The Employees Provident Fund (EPF) Organisation has introduced a “Single Page Composite Claim Form” consolidating multiple claim forms, and self-certification…
