The retirement fund body EPFO has disposed of nearly 99 per cent of the applications, seeking higher contributions for getting higher pension under the Employees’ Pension Scheme (EPS) 1995, Parliament was informed on Monday.
The central government is considering directing the Employees’ Provident Fund Organisation (EPFO) to design new provident fund and pension schemes for self-employed workers and gig-platform workers, The Telegraph reported.
After the new labour codes, some companies have begun changing the salary structure of their employees, adjusting the statutory benefits accordingly. With the Code on Wages, the Code on Social Security and related provisions now notified, employees may see changes in their provident fund (PF), gratuity and in some cases, their monthly in-hand salary. Here’s a clear explainer for salaried readers.
The Employees’ Provident Fund Organisation (EPFO) has revised the withdrawal timeline for members who lose their jobs, extending the full withdrawal eligibility period from two months to 12 months of unemployment.
The government will run the Employees’ Enrolment Campaign (EEC) campaign to bring more workers in the organised sector under the social security coverage of the Employees’ Provident Fund Organisation (EPFO).
The Ministry of Labour and Employment has announced the ‘Employees’ Enrolment Scheme, 2025′ (EES 2025), a significant initiative to bring a large number of workers under the ambit of organized social security through EPFO.
Are you thinking of buying a luxury watch or sponsoring your trip to an exotic place from your EPF fund? Beware! EPFO has a warning for such EPF subscribers.
The Employees’ Provident Fund Organisation (EPFO) has asked its regional and zonal offices to process part payments in some cases, including non-remittance of employer contribution for certain periods, during the final provident fund (PF) settlement, and not reject the whole claim.
The Employees’ Provident Fund Organisation (EPFO) has rolled out a new facility called ‘Passbook Lite’ on its member portal. With this feature, subscribers can now view a simplified version of their EPF passbook directly within the portal, without needing to log in separately to the passbook website.
The Madurai Bench of the Madras High Court, on September 2, set aside an Employees’ Provident Fund Organisation (EPFO) circular dated January 18, which disallowed firms managing their own PF trusts to amend their rules retrospectively in order to avail higher pension for their members, in line with a Supreme Court judgment that enabled workers to get a higher pension in November 2022.
