Govt approves Rs 1,000 minimum monthly pension in perpetuity

Last Updated: Wednesday, April 29, 2015, 13:37

The scheme was initially effective only till last month.

Government may make UAN mandatory for EPFO subscribers

Last Updated: Tuesday, April 28, 2015, 21:55

The government is considering a proposal to make it mandatory to have Universal (portable PF) Account Number (UAN) for availing of benefits of schemes run by the Employees' Provident Fund Organisation (EPFO).

EPFO asks its field offices to ensure compliance by BSNL

Last Updated: Wednesday, April 22, 2015, 21:35

The Employees' Provident Fund Organisation's (EPFO) directive for its field offices came after a BSNL workers reported discrepancies in implementation of the schemes by BSNL.

EPFO suspends Rs 1,000 minimum monthly pension scheme

Last Updated: Thursday, April 9, 2015, 22:06

In a circular to its field offices, the EPFO said it has decided to suspend the scheme in the absence of any direction from the government to continue this benefit beyond March 31.

Banks, insurers asked to create common module for new schemes

Last Updated: Sunday, April 5, 2015, 15:34

To roll out three new social security schemes announced in the Budget, the government has asked banks and insurers to develop a common infotech module by June.

Sukanya Samriddhi to earn at 9.2% interest, PPF 8.7% for FY'16

Last Updated: Tuesday, March 31, 2015, 21:06

Investments in Sukanya Samriddhi Account, the special deposit scheme for girl child, will earn higher interest rate of 9.2 percent, while the rate on popular tax saving Public Provident Fund has been retained at 8.7 percent for 2015-16.

Employers, workers may shell out more for EPF contributions

Last Updated: Friday, March 13, 2015, 15:45

Employers as well as formal sector workers may have to shell out more towards Employees' Provident Fund with the government proposing to include all allowances in the wages for deducting PF contribution.

EPFO investment in equity may not fully accept FinMin proposal

Last Updated: Thursday, March 12, 2015, 19:43

Labour Ministry will soon come out with guidelines on new investment pattern for equity and equity related schemes but is unlikely to fully accept the Finance Ministry's proposal in this regard.

EPFO sets up expert group to consider housing scheme

Last Updated: Tuesday, March 10, 2015, 21:39

Retirement fund body EPFO has formed a six-member expert panel to consider the proposal of facilitating housing to its subscribers.

EPFO trustees may discuss Budget proposals tomorrow

Last Updated: Tuesday, March 10, 2015, 15:57

EPFO trustees are likely to discuss Budget proposals tomorrow, including making PF contribution optional for workers receiving salary below a threshold and allowing subscribers to choose between social schemes run by the retirement fund body and others.