EPFO Introduces ‘View Pension Passbook’ Service for the pensioners through Umang App Ministry of Labour & Employment EPFO Introduces ‘View Pension Passbook’ Service for the pensioners through Umang App Employees’ Provident Fund Organisation (EPFO), which is providing a host of e-services for its stakeholders, has now introduced a new service through ‘UMANG app’. On clicking … Read more
EPFO introduces a new facility for its members to link their respective UAN with Aadhaar online On the eve of Deepawali, Employees’ Provident Fund Organisation (EPFO) is pleased to introduce a new facility for its esteemed members having Universal Account Number (UAN) and other relevant details to link their respective UAN with Aadhaar online. This, … Read more
EPFO”s investment in stocks Whether it is a fact that the EPFO”s investment in stocks through Exchange Traded Funds (ETFs) would cross the Rs. 45,000 crore mark by the end of this fiscal? No. Whether it is also a fact that the rate of return on this investment for the last year was 13.3 per … Read more
EPFO’s tie-up with Banks Employees’ Provident Fund Organisation (EPFO) has tied up/entered into arrangement agreement with ten banks to collect EPFO dues and to make payments of Provident Fund (PF) withdrawals, pension and insurance to EPFO beneficiaries. These banks are State Bank of India, Punjab National Bank, Indian Bank, Allahabad Bank, Union Bank of India, … Read more
EPFO – Settle Death claims within 7 days Field offices of EPFO directed to settle claims in cases of deaths within seven days of receipt of such claims The field offices of Employees’ Provident Fund Organization (EPFO) have been directed to settle claims in cases of deaths within seven days of receipt of such claims. … Read more
Relaxation in EPFO scheme The Government proposes to relax/amend the Employees’ Provident Fund Scheme to enable loss-making and sick PSUs to continue to run their own Provident Fund Trusts. The proposal is being examined in consultation with Central Board of Trustees, Employees’ Provident Fund. The said relaxation will not be applicable to the private firms … Read more
Minimum pension of Rs. 1,000/- per month in perpetuity to Pensioners of Employees’ Pension Scheme, 1995 The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for continuation of the minimum pension of Rs. 1,000/- per month to the pensioners of Employees’ Pension Scheme, 1995 (EPS) beyond the financial year … Read more
Second Round of Tripartite Consultations on EPF & MP Act Amendments Held Bandaru Dattatreya Chairs Tripartite Consultations The Second Round of Tripartite Consultations on Employees Provident Fund and Miscellaneous Provisions Act,1952 (EPF &MP Act) Amendments was held here yesterday. Shri Bandaru Dattatreya, the Minister of State, Labour & Employment (I/C) chaired the second round of … Read more
Conditions to get FMA for serving as well as retired employees of the EPFO Fixed medical allowance payable to the serving as well as retired employees of the EPFO for outdoor treatment-Clarification Employees’ Provident Fund Organisation (Ministry of Labour & Employment, Govt. Of India) Bhavishya Nidhi Bhawan, 14-Bhikaiji Cama Place, New Delhi-110 066 No. HRM-8/V/12/1/2003/FMA/Vol-II/26632 … Read more
Online Transfer of Provident Fund A revised transfer claim settlement process has been started through an Online Transfer Claim Portal to smoothen the process of transfer of PF accounts. The revised process has following features:- (i) The claim can be submitted by the member in the online mode in addition to physical mode. (ii) The … Read more