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EPFO pensioners can give digital life certificate till Feb 28

Retirement fund body EPFO has extended the deadline for submitting digital life certificate by its over 50 lakh pensioners till February 28 to help them get their pension account linked with Aadhaar.

EPFO amnesty scheme on for firms to enrol staff with Re 1 fine

EPFO amnesty scheme on for firms to enrol staff with Re 1 fine

Encouraging firms to enrol their workers under schemes run by retirement fund body EPFO, a 3-month campaign has been launched beginning January 1 where employers will get amnesty and pay just Re 1 as damages for not registering their employees earlier.

 

Interest on PF slashed to 8.65%: Key facts you should know

Retirement fund body EPFO on Monday slashed interest on deposits to a four-year low.

EPFO cuts interest rate on PF deposits for 2016-17 to 8.65%

EPFO cuts interest rate on PF deposits for 2016-17 to 8.65%

Retirement fund body EPFO on Monday fixed 8.65 percent rate of interest on EPF deposits for the current fiscal for its over four crore subscribers.

 

 

EPFO likely to hike monthly wage ceiling to Rs 25,000 on December 19

Retirement fund body EPFO is likely to approve a proposal to hike wage ceiling for coverage under its social security schemes to Rs 25,000 per month from the existing Rs 15,000 on December 19.

Govt considering proposal to hike EPFO wage ceiling to Rs 25,000

Govt considering proposal to hike EPFO wage ceiling to Rs 25,000

Government is considering a proposal to hike wage ceiling for coverage under social security schemes run by the retirement fund body EPFO to Rs 25,000 per month from the existing Rs 15,000, Parliament was informed on Monday.

Demonetisation: EPFO pensioners can submit life certificate till January 15

Demonetisation: EPFO pensioners can submit life certificate till January 15

Providing breather to its around 50 lakh pensioners amid difficulties being faced in banks due to demonetisation, retirement fund body EPFO has extended the last date for submission of life certificate till January 15.

EPFO invests Rs 9.723 crore in ETFs till Oct this year, earns 9.17% absolute return

EPFO invests Rs 9.723 crore in ETFs till Oct this year, earns 9.17% absolute return

Retirement fund body EPFO has invested Rs 9,723 crore in exchange traded funds (ETFs) till October this year while absolute return on these investments was 9.17 percent, Parliament was informed Monday.

 

Soon, EPFO to hike minimum salary limit for maintaining PF account to Rs 25,000 per month

Soon, EPFO to hike minimum salary limit for maintaining PF account to Rs 25,000 per month

The Employees Provident Fund Organisation (EPFO) is likely to hike the limit for compulsorily maintaining a PF account to Rs 25,000 from the existing Rs 15,000.

EPFO asks field staff to settle death claim in 7 days

EPFO asks field staff to settle death claim in 7 days

Retirement fund body EPFO has asked its over 120 field offices to settle death claims within 7 days and retirement PF claims on the day of superannuation.

EPF accounts: Now earn interest on inoperative A/Cs

EPF accounts: Now earn interest on inoperative A/Cs

The government has relaxed the "inoperative" accounts wherein it paves the way for  retirement fund body EPFO to pay interest for such accounts.

EPFO to pay 8.8% interest to 'inoperative' PF accounts

EPFO to pay 8.8% interest to 'inoperative' PF accounts

The government is all set to issue a notification authorising retirement fund body EPFO to pay 8.8 percent interest to "inoperative" accounts, Union Labour Minister Bandaru Dattatreya said Monday.

ESIC to extend services in unorganised sector as well: Bandaru Dattatreya

The Employees State Insurance Corporation (ESIC) will extend its health services to 20 crore workers in organised as well as unorganised sectors in 3 to 4 years, Union Labour Minister Bandaru Dattatreya said on Monday.

Pledging PF to buy low cost homes to be reality next  year

Pledging PF to buy low cost homes to be reality next year

Over four crore subscribers of the retirement fund body EPFO would be able to pledge their provident fund to buy houses and use their accounts to pay equated monthly instalments (EMIs) from next fiscal.

EPFO to launch Aadhar-linked services by March 2017

EPFO to launch Aadhar-linked services by March 2017

 The Employees` Provident Fund Organisation (EPFO) on Friday said it will launch a host of Aadhar-linked services like Provident Fund (PF) withdrawals and pension fixation by March 2017 for its four crore subscribers to facilitate faster transactions.

EPFO to invest Rs 13,000 crore in ETFs in FY17; unions protest move

EPFO to invest Rs 13,000 crore in ETFs in FY17; unions protest move

Labour Ministry Thursday doubled EPFO's investment limit in ETFs to 10 percent, which will see the retirement fund body infuse about Rs 13,000 crore in stock markets this fiscal, a move that riled trade unions who have questioned the manner in which the government raised the cap.

Soon, withdraw pension using EPFO's mobile app

Soon, withdraw pension using EPFO's mobile app

Zee Media Bureau

Employees Provident Fund Organisation (EPFO) is soon going to have a mobile application which would let one withdraw pension and have all the pension related data on a smartphone.

EPFO to make Provident Fund withdrawal online soon​

EPFO to make Provident Fund withdrawal online soon​

Zee Media Bureau

New Delhi: Employees Provident Fund Organisation (EPFO) is soon going to launch a dedicated online system eliminating the need of the company or EPFO interface in resolving subscriber -queries.

EPFO to launch new online system for pensions and PFs soon

EPFO to launch new online system soon and with a click people will be able to withdraw PF.

Employee provident fund may get 8.6% interest in 2016-17 down from 8.8% in 2015-16

Employee provident fund may get 8.6% interest in 2016-17 down from 8.8% in 2015-16

Over 4 crore EPFO subscribers may get a lower interest at a rate of 8.6 percent on their PF deposits for current financial year as Labour Ministry is expected to toe the Finance Ministry line to cut the rate.