EPFO Minimum Pension Hike: Private sector employees under the Employees' Provident Fund Organisation (EPFO) have long been demanding an increase in their minimum pension, which has remained Rs ...

EPFO pensioners staged protests demanding a pension increase from ₹1,000 to ₹9,000, citing financial hardships. They also ...

EPFO announces potential Rs 9000 minimum pension for private workers. Find out how this change could impact your retirement ...

There has been a long-standing demand to increase the minimum pension under the Employees’ Provident Fund Organisation (EPFO) for private sector employees. In September 2014, the Centre had last ...

New Delhi, Jan 29: Retirement fund body EPFO is likely to fix the minimum pension for its subscribers at Rs 1,000 per month at the scheduled meeting the Central Board of Trustees (CBT) on February 22.

The EPFO calculates the pension amount on a pro-rata basis, splitting the service period into pre and post 1 September 2014 periods. The methadology can reduce a person's pension by up to 30%.

This way, your new employer will transfer EPF contributions to the same account. Also, your total service period from your previous job will be added to your new job. So, you won’t have to complete 10 ...

The Employees Provident Fund Organisation fears that it may have to spend ₹1,86,920 crore to pay just 50% of the total applicants for a higher pension. In a note circulated to the Central Board ...

Dawra also announced major pension reforms, stating that EPFO’s 78 lakh pensioners will now receive benefits through a centralized pension system, allowing them to access their pensions from any ...

Speaking on the initiative exclusively with ANI, Dawra said EPFO currently has around 7.5 crore active members who maintain their PF accounts and contribute towards their pension. "We have ...