Saturday, Dec 03, 2022

Employees Provident Fund Organisation


EPS 95 Pension Scheme: What is EPS-95? Who is eligibile for it and what benefits does it have?

November 02, 2022 10:35 am

EPFO News, EPS 95 Pension Today News 2022: Employees' Pension Scheme 1995 or EPS-95 was introduced in November 19, 1995 by the Employees’ Provident Fund Organisation (EPFO).

‘Delay in crediting EPF interest due to software fix; no loss to subscriber’

October 06, 2022 12:32 am

“For all outgoing subscribers seeking settlement and for subscribers seeking withdrawal, the payments are being done inclusive of the interest,” it added.

EPFO: No tweak to investment, life certificate process eased

August 01, 2022 8:33 am

Among other decisions, the Employees’ Provident Fund Organisation (EPFO) launched a face authentication facility to allow its 72 lakh pensioners to submit digital life certificates from any location.

Equity-linked investments: EPFO looks at raising cap

June 07, 2022 1:08 am

The Finance Investment and Audit Committee (FIAC) had met on May 24 in Mumbai to discuss investment patterns and proposals for revision of guidelines and various options of hiking the equity investment limit with the fund managers.

Govt approves four-decade low 8.1% interest on EPF deposits

June 03, 2022 9:09 pm

EPF Interest Rate for 2021-22: According to an EPFO office order issued on Friday, the Ministry of Labour and Employment has conveyed approval of the central government to credit 8.1 per cent rate of interest for 2021-22 to each member of the EPF scheme.

Explained: How does provident fund interest rate cut impact your retirement corpus?

April 01, 2022 10:56 am

The EPFO, which has an active subscriber base of more than 6.7 crore and 6.9 lakh contributing establishments, will have an estimated surplus of Rs 450 crore after disbursing the interest. Keeping the rate at 8.5% would have resulted in a deficit of Rs 3,500 crore.

Small savings schemes’ interest rates unchanged

April 01, 2022 12:30 am

Interest rates on small saving schemes are reset every quarter, but have not been revised since the first quarter of FY21.

Scheme portability: Labour Ministry looks to widen pension ambit

March 10, 2022 12:06 am

Plan is for organised workers who move into unorganised sector

EPF meet: FY22 rate may be higher than return on its own investments

March 06, 2022 11:28 pm

The EPFO’s Central Board of Trustees (CBT) had in March last year finalised a recommendation of 8.5 per cent interest rate for the previous financial year 2020-21, which though was the same as last year’s, was the lowest offered by EPFO in eight years.

In 16% jump, EPFO adds 14.6 lakh subscribers in December

February 21, 2022 12:14 am

Approximately 5.49 lakh net subscribers exited but rejoined EPFO by opting to continue their membership with EPFO by transferring their PF accumulations from previous to present PF account instead of opting for final withdrawal.