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EPFO approves Rs 1,000 minimum monthly pension

Last Updated: Wednesday, February 05, 2014, 10:57

Trustees of retirement fund body EPFO Thursday approved a proposal to provide a monthly pension of minimum Rs 1,000, a decision that will immediately benefit about its 28 lakh pensioners.

EPFO trustees meet on Feb 5 to make Rs 1,000 pension a reality

Last Updated: Friday, January 24, 2014, 22:12

Retirement fund body EPFO's trustees on February 5 will decide on amending its scheme to provide a minimum monthly pension of Rs 1,000, which will immediately benefit its 27 lakh pensioners.

Reconstituted EPFO board meeting likely on Oct 4

Last Updated: Sunday, September 15, 2013, 11:27

The reconstituted EPFO's Central Board of Trustees (CBT), which has to take a call on interest rate on PF deposits for the current fiscal, is likely to hold its first meeting on October 4.

EPFO trustees may decide interest on PF deposits on Jan 15

Last Updated: Thursday, December 20, 2012, 14:33

Retirement fund body EPFO's apex decision making body Central Board of Trustees (CBT) is likely to decide rate of interest on PF deposits for 2012-13 in its meeting scheduled on January 15.

CBT allows EPFO to park funds in CoDs, long duration bank FDs

Last Updated: Tuesday, August 07, 2012, 19:28

EPFO's apex decision making body the Central Board of Trustees (CBT) on Tuesday gave green signal to retirement fund body to park its funds in fixed deposits upto five years, short term securities and certificate of deposits of public sector banks.

EPFO to decide on minimum monthly pension of Rs 1,000 on Friday

Last Updated: Wednesday, May 23, 2012, 16:49

The Central Board of Trustees (CBT), the apex decision making body of the EPFO, will consider various options for sharing the additional burden for ensuring minimum monthly pension for its subscribers.

Rate reduction in EPF resented in Rajya Sabha

Last Updated: Monday, March 19, 2012, 16:41

The slashing of EPF interest by 1.25 percent was on Monday strongly resented by members in the Rajya Sabha with opposition demanding higher interest rate.

Differences in EPFO board stall decision on Rs 1000 pension

Last Updated: Wednesday, February 22, 2012, 09:02

Differences among representatives of employers and employees at the EPFO board meeting Wednesday forced the retirement fund body to defer decision on fixing minimum monthly pension of Rs 1,000 for PF subscribers.

EPFO fails to fix interest rate, wants FinMin to decide issue

Last Updated: Friday, December 23, 2011, 16:27

EPFO has suggested payment of interest at the rate of 8.25 percent for the fiscal.

Decision fixing minimum pension to Rs 1,000 to be considered

Last Updated: Wednesday, December 21, 2011, 15:54

Government said Wednesday a decision on fixing the minimum pension amount to Rs 1,000 per month for its EPF subscribers will be considered by the Central Board of Trustees of EPFO in its ensuing meeting.