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Employees Pension Scheme News

Unified Pension Scheme

25 Aug 2024

Modi Cabinet approves Unified Pension Scheme, Politics Erupts

Employees Provident Fund Organisation

11 Apr 2024

EPFO Update: Govt May Hike Wage Ceiling Under EPFO To Rs 21,000

The last amendment on the cap of salary was made in 2014 wherein the government had raised the PF salary limit from Rs 6500 to Rs 15000.

Employees Pension Scheme

04 Mar 2023

Deadline To Opt For Higher Pension For EPS Members Retired Before 1st Sep 2014

The Employees' Provident Fund Organisation (EPFO) closed the options on 4th of March 2023 for the retired EPS members.

Employees Pension Scheme

22 Aug 2019

EPF trust approves restoration of commuted value of pension to pensioners

This was a long pending demand of the pensioners and will benefit approximately 6.3 lakhs pensioners.

Employees Pension Scheme

28 Jul 2017

EPS scheme to be revamped; medical scheme for pensioners to be formulated: Govt

The government will constitute a high-level committee to revamp the Employees Pension Scheme (EPS) and any gaps would be plugged, Labour and Employment Minister Bandaru Dattatreya told the Lok Sabha on Friday.

05 Mar 2017

Single form soon for firms to enrol with EPFO, ESIC

Companies will soon have to fill just a single common form to enrol themselves with retirement fund body EPFO and state insurer ESIC.

02 Mar 2017

Furnishing of Aadhaar mandatory for final settlement of pension claims: EPFO

The EPFO has clarified that obtaining of Aadhaar should be mandatory for the time being only for final settlement of Pension and not in withdrawl cases.

24 Sep 2014

EPFO's Rs 1,000 minimum pension to benefit 32 lakh immediately

Government's decision to amend the Employees Pension Scheme, 1995 (EPS-95) run by EPFO to provide minimum monthly pension of Rs 1,000 will immediately benefit around 32 lakh pensioners who get less than this.

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