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Do new EPFO norms mean more pension?

Do new EPFO norms mean more pension?

The pension is calculated as the number of years in service multiplied by last drawn salary and divided by 70.

13 May 2019 4:38 AM IST

Scheme will provide an assured pension based on a guaranteed rate of return of 8 per cent per annum for ten years.

Consultation on for increasing minimum pension: Gangwar to LS

Increase in minimum pension for employees affiliated to EPF to Rs 2000 will cost the govt Rs 4,671 cr and Rs 11696 cr if...

24 Jun 2019 3:07 PM IST

The CBT, headed by labour minister, is the apex decision-making body of the EPFO which finalises rate of interest on PF deposits for a financial year.

EPFO recovers Rs 459 cr PF dues out of Rs 1,251 cr outstanding in...

The total backlog or outstanding provident fund dues of the EPFO during 2018-19 was Rs 791.63 crore.

17 July 2019 4:06 PM IST

The CBT, headed by labour minister, is the apex decision-making body of the EPFO which finalises rate of interest on PF deposits for a financial year.

8.65 pc interest on EPF to be notified soon: Gangwar

EPFO had provided a five-year-low interest rate of 8.55 per cent to its subscribers for 2017-18.

30 Aug 2019 1:11 PM IST

The CBT, headed by labour minister, is the apex decision-making body of the EPFO which finalises rate of interest on PF deposits for a financial year.

EPFO to launch e-inspection system to simplify process

The EPFO is looking at alternative authentication vis-a-vis the employee database.

26 Aug 2019 1:07 PM IST

The CBT, headed by labour minister, is the apex decision-making body of the EPFO which finalises rate of interest on PF deposits for a financial year.

PF interest not credited? Know when you will get it

Central Board of Trustees (CBT) had approved 8.65 per cent interest rate for the last fiscal in February this year.

19 Sept 2019 12:24 PM IST

Employees Provident Fund Organisation or EPFO stores members PF corpus.

Over 6 cr EPFO members to get 8.65 pc interest for 2018-19: Labour...

At present, the EPFO is settling PF withdrawal claims at 8.55 per cent interest rate.

17 Sept 2019 1:44 PM IST

The increase in PF deduction, though beneficial for employees in the long-run, is leaving less money in their hands for discretionary spending and investment.

High PF cut seen aiding consumption slowdown

Private consumption spend has hit an 18-quarter low of 3.1 per cent in Q1.

9 Sept 2019 1:26 AM IST

The investments till October are already 16 per cent higher than that in 2018 and EY expects that in two more months, the yearly investment will touch $50 billion.

How to maximise your PF money after retirement

As a retiree, having sufficient funds for monthly expenses is key

25 Feb 2020 3:47 PM IST

Govt implements cut in employees provident fund contribution to 10% for May, Jun, July. (PTI Photo)

EPFO alert! Government implements cut in EPF contribution to 10% for...

Reduction in EPF contributions shall be applicable "in respect of wages payable by it for the months of May, June and...

19 May 2020 3:19 PM IST

Employees Provident Fund Organisation or EPFO stores members PF corpus.

EPFO may give subscribers option to increase stock investments in new...

The EEFO is now developing a software that would help show retirement savings in cash and ETFs components separately.

31 Dec 2018 11:53 AM IST

Employees Provident Fund Organisation or EPFO stores members PF corpus.

Govt likely to notify 8.55 pc interest on PF for FY18 this week

The labour ministry has sought Election Commission's approval to notify rate of interest for crediting the same into...

6 May 2018 1:20 PM IST