EPFO panel approves raising insurance cover to Rs 5.5 lakh

Last Updated: Wednesday, September 9, 2015, 19:22

Retirement fund body EPFO's panel on its pension and insurance schemes has approved a proposal to increase the maximum amount assured under the EDLI scheme to Rs 5.5 lakh from Rs 3.6 lakh.

EPFO money in equities is long-term investment: Dattatreya

Last Updated: Saturday, August 8, 2015, 22:03

The state-run pension fund's Central Board of Trustees (CBT) would be asked to speed up the investment process, Union Minister of State for Labour Bandaru Dattatreya said here.

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.

EPFO likely to appoint fund managers, raise pension age next month

Last Updated: Wednesday, February 25, 2015, 15:30

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.

EPFO to raise pension age today, appoint fund managers

Last Updated: Thursday, February 19, 2015, 09:02

Retirement fund body EPFO is likely to appoint fund managers Thursday for a three year term from April 1 and raise age limit for vesting of pension by two years to 60.

Age limit under EPFO pension scheme may be raised to 60

Last Updated: Sunday, February 15, 2015, 16:28

At 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 after that.

'Centre could reduce or waive off PF dues'

Last Updated: Tuesday, December 23, 2014, 18:25

Government is proposing to amend Employees Provident Fund & Miscellaneous Provisions Act to enable the Centre to reduce or waive off mandatory provident fund contributions by employees in certain cases.

EPFO expected to receive Rs 79K cr as contributions in 2014-15

Last Updated: Sunday, December 21, 2014, 11:20

Retirement fund body Employees Provident Fund Organisation (EPFO) has estimated over 14 percent increase in its incremental deposits this fiscal at Rs 79,377 crore.

EPFO trustees to discuss investment in equity Friday

Last Updated: Thursday, December 18, 2014, 18:39

Recently, a section of EPFO had favoured investment in the equity of profit-making public sector blue chip companies.

Bellucci only Brazilian in Olympics tennis singles

Last Updated: Wednesday, June 27, 2012, 19:31

Thomaz Bellucci will be Brazil`s sole singles representative at the London Olympics, the Brazilian Tennis Confederation (CBT) announced.

EPFO to decide on minimum monthly pension of Rs 1,000 on Friday

Last Updated: Wednesday, May 23, 2012, 16:49

The Central Board of Trustees (CBT), the apex decision making body of the EPFO, will consider various options for sharing the additional burden for ensuring minimum monthly pension for its subscribers.