Last Updated: Wednesday, February 26, 2014, 19:53
Retirement fund body EPFO has asked its field staff to clean up records as it plans to issue universal (permanent) account numbers soon to its over 5 crore subscribers.
Last Updated: Wednesday, February 19, 2014, 20:29
There were consistent shortfalls in government's contribution between 2006-07 and 2011-12 towards pension schemes run by retirement fund body EPFO, official auditor CAG has said while asking it make the payment in time.
Last Updated: Tuesday, February 04, 2014, 16:02
Trustees of Retirement fund body EPFO will decide on Wednesday on amending the scheme to provide a minimum monthly pension of Rs 1,000, which will immediately benefit about its 28 lakh pensioners.
Last Updated: Sunday, January 12, 2014, 16:00
According to the agenda for the trustees' meet, 8.5 percent interest will leave a small surplus of Rs 56.96 crore.
Last Updated: Thursday, January 09, 2014, 21:12
Retirement fund manager EPFO needs to provide unique account number to its subscribers and improve its accounting for providing seamless services at par with banks, Labour Minister Oscar Fernandes said.
Last Updated: Wednesday, January 08, 2014, 17:43
Retirement fund manager EPFO will launch a software on Sunday to monitor over 2,700 Private Provident Fund Trusts regulated by it so as to improve the delivery of services.
Last Updated: Tuesday, January 07, 2014, 18:37
The Employees' Provident Fund Organisation's apex decision making body the Central Board of Trustees (CBT) will meet on Monday to discuss and approve the proposal regarding rate of return to be provided on PF deposits in 2013-14.
Last Updated: Sunday, December 29, 2013, 13:38
The EPFO, which is estimated to have an income of Rs 20,796.96 crore in the current fiscal, needs Rs 20,740 crore to pay 8.5 percent interest to its subscribers.
Last Updated: Saturday, December 21, 2013, 20:04
Retirement fund body EPFO will announce the interest rate on PF deposits for the current financial year on January 14 and may offer its over 5 crore subscribers a little more than 8.5 percent provided in 2012-13.
Last Updated: Monday, December 16, 2013, 18:04
The EPFO had provided 8.5 percent interest rate for 2012-13, up from 8.25 percent in 2011-12.
Last Updated: Sunday, November 17, 2013, 11:48
Retirement fund body EPFO will pay at least 8.5 percent rate of return on PF deposits for 2013-14 to its over 5 crore subscribers as provided in the previous fiscal and the decision in this regard could be taken as early as next month.
Last Updated: Thursday, November 07, 2013, 14:18
Retirement fund body settled 10.21 lakh claims including transfer and withdrawal of Provident Fund in October, which is 28 percent more than such settlements in September this year.
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