Employee Provident Funds Organization (EPFO) has established different updates that mainly work toward the benefit of government employees. These alterations are intended to stabilize their finances, improve pensionability, and make it easier to manage the PF. With the changes being introduced, millions of employees should expect better returns and higher convenience. The key changes and … Read more
Here the Employees’ Provident Fund Organisation (EPFO) has new rules giving private-sector employees relief in their pensions. The intention is to give security to these beneficiaries as employees will be in a position to draw more pension after having worked for years. This is all the information one needs to know about the new EPFO … Read more
Putting to skittle most of the grievances that the members of Employees’ Provident Fund Organisation (EPFO) had, as per reports, the government is preparing to send Rs 7,500 into their accounts very soon. The announcement is anticipated to benefit about 78 lakh pensioners under the Employees’ Pension Scheme (EPS). The increase in pension comes from … Read more
This is an official number given to every employee by the Employees Provident Fund Organization (EPFO) so as to manage and control all the Provident Fund (PF) accounts linked to him/her. When more than one PF accounts are linked under one UAN, it leads to various complications. Following are the problems and solutions. Problems With … Read more
EPFO: All employees must link UAN with Aadhaar at the earliest. The ELI (Employment Linked Incentive) scheme of EPFO or Employees’ Provident Fund Organization requires the linking of the Universal Account Number (UAN) with Aadhaar by March 15, 2025, for anyone to gain from it. EPFO has prolonged this work several times to enable maximum … Read more
Change has always been the driving force for the Employees’ Provident Fund Organisation (EPFO) in view of better member service. The recent change allows the linking of several bank accounts in Provident Fund (PF) account for making money transactions. This guide will step-by-step elucidate linking multiple bank accounts to your PF account. Why Link More … Read more
The Employees Provident Fund Organization (EPFO) by making a big jump in perceived pension amounts under the Employees Pension Scheme (EPS) has well and truly played into the good books of private sector employees. This decision will ensure much financial security for pensioners who rely on EPS to sustain their post-retirement life. What Is The … Read more
The Employees’ Provident Fund Organisation has recently rejected about 5 lakh applications for the Higher Pension Scheme. The rejections have left many applicants disappointed who were expecting higher pension benefit post their retirement. Let’s find out why such claims were rejected and what next employees can do. Why Were 5 Lakh Pension Claims Rejected By … Read more
The new EPFO rules, declared for 2025, will bring major changes for the PF account holders. The rules are majorly focused on simplifying the withdrawal process, improving the calculation of interest, and enhancing pension benefits. Some important updates that every contributing employee of the Provident Fund (PF) must keep in mind for maximizing savings and … Read more
As anticipated by the recent measure, strictly among other such changes that are to be enacted for the future interests of EPFO employees and pensioners, the pension is now slated to be increased starting April 2025. It marks a very significant juncture in the long-drawn, yet successful, endeavors being pursued to raise retirement benefits and … Read more