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Retirement fund body EPFO's trustees in a meeting on Thursday will consider a proposal to raise the age limit from 58 to 60 years for vesting of pension under the Employees' Pension Scheme (EPS-95).
EPFO trustees okay upping age limit uAt present, a formal sector worker covered under the EPS-95 can make contributions towards pension scheme till the age of 58 years and can claim pension ...
New Delhi: Retirement fund body EPFO is likely to appoint fund managers on March 11 for a three year term from April 1 and raise age limit for vesting of pension by two years to 60. Both the ...
EPFO Pension: Members may get Rs 10,000 monthly pension under EPS despite Rs 15,000 current wage limit – Here’s how! In this story, we will explore how the current contribution under the EPFO ...
The pension starts when the employee reaches 58 years of age. Pension Amount The minimum pension currently stands at ₹1,000 per month, as set by the central government in 2014.
It depends on your age, contributions, basic salary and the EPF interest rate that the EPFO declares every ... National Pension System and Employee Provident Fund, ... up to a limit of Rs 1.5 lakh.
Recently, Union Labor Minister Mansukh L Mandaviya had indicated that in view of rising inflation, the government can increase the basic pay limit under EPFO from Rs 15,000 to Rs 21,000. This ...
According to a report of the valuer on the scheme, increasing the age limit would reduce the shortfall in the pension fund to the extend of `27,067 crore. Photo: Mint New Delhi: Retirement fund ...
EPFO's trustees in a meeting on Thursday will consider a proposal to raise the age limit from 58 to 60 years for vesting of pension under the Employees' Pension Scheme (EPS-95).
NEW DELHI: Retirement fund body EPFO's trustees in a meeting on Thursday will consider a proposal to raise the age limit from 58 to 60 years for vesting of pension under the Employees' Pension Scheme.
As per the the Valuer appointed by EPFO, the net liability or deficit is Rs 10,855 crore as on March 31, 2012, Rs 6,712.96 crores as on March 31, 2013 and Rs 7,832.74 crores as on March 31, 2014. It ...