EPFO

EPFO News

EPFO recruitment 2019: Apply for 280 assistant section officers posts, salary over Rs 48,000

EPFO recruitment 2019: The online fee payment will also conclude at epfindia.gov.in on June 25. To be eligible for the job, candidates will have to clear a recruitment exam to be conducted on July 30 and 31, 2019.

Prudence for future

EPFO needs linkage with market determined rates. That would be in long-term interest of its growing number of subscribers.

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EPFO pension: Retiring private employees get relief as Supreme Court dismisses plea filed against Kerala HC order

EPF Pension Scheme, EPFO Private Sector Employees Pension Scheme: The Employees’ Provident Fund is a retirement benefits scheme that was structured to provide financial security to employees of factories and other establishments. The Supreme Court dismissed the petition filed against a Kerala High Court order that had asked EPFO to provide pension to all retiring employees.

In poll vault, EPFO’s board proposes interest hike to 8.65%

The recommendation to hike EPFO’s interest comes when most other small savings instruments offer an interest rate below 8 per cent and amid downward direction in interest rates set out by the RBI

Provident Fund interest rate is up; is this the best instrument for small savings?

Provident Fund interest rate hike: The Central Board of Trustees' proposal will now go to the Finance Ministry for approval. The interest rate is credited into the accounts of subscribers after it receives the concurrence of the Finance Ministry.

EPFO interest rate hiked to 8.65% for 2018-19 from 8.55% last year

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

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EPFO: 9.73 lakh new members in September; rest 12 months’ data revised down

With the series of revisions, the enrolment numbers for September 2017-March 2018 now stand at 29.77 lakh, 24.4 per cent lower than the first estimate of 39.35 lakh (as per government release dated May 25).

8.95L new EPFO subscribers in August; downward revision for 2 months

The enrollment number for September 2017 was revised down by 11.9 per cent to 4.25 lakh, which is about 26 per cent lower than the first number released for September.

MoSPI data for July: EPFO adds 10.5L subscribers; 38,206 new members for NPS

The MoSPI also detailed data for the subscribers who have restarted contributing under EPFO.

Payroll numbers: EPFO revises up September-June enrolment figures by 5.16 lakh

For July, the enrolment numbers were at the highest level since September at 9.51 lakh, taking the cumulative net enrolment for September-July to 61.81 lakh, the data released by EPFO on Thursday showed.

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EPF rollback: Trade unions protest in Bengaluru

Under pressure from protesting trade unions, the Centre has cancelled a notification that tightened rules for the withdrawal of Employees’ Provident Fund (EPF) accumulations till the age of 58.

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