If you are employed and contribute to EPFO every month, then you must be aware of its Employee Pension Scheme. If you have ...
Employee Pension Scheme provides fixed income after retirement at the age of 58 years or after early retirement at 50 years.
A formula determines how much pension you'll get from EPFO after retirement. It also considers the duration of your service. Here's how to calculate your potential pension. If you're a salaried ...
An Employee Pension Scheme (EPS) is administered by the Employees' Provident Fund Organisation (EPFO) in India. In this retirement plan, both the employer and employee contribute a portion of their ...
He used the EPFO's monthly pension formula—pensionable salary × pensionable service/70. The calculations worked in his favour. He applied for it. However, he did not know how the EPFO would ...
EPFO announces potential Rs 9000 minimum pension for private workers. Find out how this change could impact your retirement ...
Speaking on the initiative exclusively with ANI, Ms. Dawra said EPFO currently has around 7.5 crore active members who maintain their PF accounts and contribute towards their pension.
A provident fund is a government-backed retirement fund. A pension plan is a retirement plan run by employers and governments. Pension funds operate much like annuities. Provident funds operate ...
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 ...
EPFO pensioners in Nashik demonstrated outside the local office in Satpur, demanding an increase in their meager Rs1,000 pension to Rs9,000. They also called for additional support, such as ...