The regional office of the Employees’ Provident Fund Organisation (EPFO) in Ahmedabad Thursday released pensions to 307 employees of various organisations in Gujarat under the “Prayaas” scheme. Under this scheme, the pension order is given to members on the day of their superannuation.
“The Regional PF office in Ahmedabad is one of the largest offices in the country and we are among those giving maximum pension. For June, we have released pensions for more than 1,000 persons. This number is usually around 500 every month. Of the 1,000 pensions released, we have given 307 under the Prayaas scheme, which is, perhaps, the highest in the country. The pension released under the Prayaas scheme last month was just 70,” said Manoranjan Kumar, Regional Commissioner of the EPFO office in Ahmedabad.
On Thursday, pensions were given to the employees of the Gujarat State Road Transport Corporation (GSRTC), Torrent Group and Dudhsagar Dairy. “Pension is an important scheme where we give a monthly pension to members who retire after a minimum of 10 years of service. Earlier, people used to face a lot of issues with regard to the submission of documents. The government launched this scheme to provide pension from the last day of the retirement of the member,” Kumar added.
The official said over 500 employees have been given pensions under the Prayaas scheme so far by the Ahmedabad office. When asked if the numbers under the scheme were on the lower side, Kumar said, “The scheme has just begun. If documents are submitted on time by the concerned human resource department of the organisation, then it will be easier to release pension under the scheme..”
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