close
This ad will auto close in 10 seconds

EPFO may fix interest rate on PF deposits for FY16 early Sept

Retirement fund body EPFO is likely to take a decision early next month on interest rate on PF deposits of its over six crore subscribers for 2015-16.

Foreign employees to get PF money in their own countries

Retirement fund body EPFO has started a new facility to transfer provident funds of foreign employees to bank accounts in their own countries.

Higher contributions to pension in new cases not allowed: EPFO

Retirement fund body EPFO will not allow higher contribution towards pension scheme in fresh cases for time being as it causes additional financial burden on the Employees' Pension Scheme 1995 (EPS-95).

EPFO working on new universal number

Employees' Provident Fund Organisation (EPFO) on Monday said they are working on a universal number system for its four-crore active subscribers.

Unions oppose FinMin proposal to offer EPFO members NPS scheme

Trade unions have decided to oppose finance ministry's proposal to offer the New Pension System (NPS) to the retirement fund body EPFO's subscribers who are covered under Employees' Pension Scheme-1995 (EPS-95).

EPFO to pay 8.5% interest on PF deposits for 2012-13

Under, 2008 investment pattern norms, the Employees' Provident Fund Organisation (EPFO) will have greater flexibility to park its surplus funds in long-term debt instruments and certificate of deposits of PSU banks.

EPFO may decide to pay 8.5% rate for 2012-13 on Monday

EPFO's trustees are likely to decide on Monday the payment of 8.5 percent interest to its over five crore subscribers on their PF deposits for 2012-13, higher than 8.25 percent provided in the previous fiscal.

Now just log on to EPFO website to check your monthly balance

Over 50 million subscribers of the retirement fund body EPFO can obtain e-passbook along with details of their updated accounts online from Wednesday.