Linking Aadhaar with UAN for online claim submission is mandatory. The below listed following are the benefits of seeding Aadhaar Card to UAN (Universal Account Number): ...
The Employees' Provident Fund (EPF) is a savings scheme designed to provide financial support to salaried employees after retirement. Besides serving as a retirement fund, the scheme also allows early ...
New Delhi: The Employees’ Provident Fund Organisation (EPFO) is planning to introduce a new “self-approval” mechanism for subscribers to withdraw their provident fund (PF) money through an automated ...
Over 1.7 million Employees' Provident Fund Organisation (EPFO) members have opted for higher pensions under the Employees' Pension Scheme (EPS-95), following the Supreme Court’s November 2022 ruling.
The EPFO has recently unveiled the concept of Universal Account Number and Unified Portal. UAN is a 12 digit number assigned to the employees by the respective employers. UAN is unique for each ...
EPFO 3.0, which will be launched in March next year, will be focused on providing easier access to funds and improving the grievance redressal system. "The people can access their money easily. There ...
Out of 17,48,775 applications for higher pensions as of August 7, 2024, EPFO has given higher pensions to only 8,401 subscribers. Employees earning above the EPFO wage ceiling can opt for a higher ...
Labour ministry sources have said that this is just an idea floated by the labour minister, and it needs a lot of deliberations between the labour ministry, EPFO and the banking regulator before ...
RETIREMENT FUND body Employees’ Provident Fund Organisation (EPFO) is working towards rolling out a facility that will allow members to withdraw funds from their corpus through an ATM card. The ...
PF From ATM: From January 2025, EPFO subscribers will be able to withdraw their Provident Fund (PF) directly from ATMs. The Labor Ministry Secretary, Sumita Dawra, announced the new facility, saying ...
EPFO updates rules for faster claim settlements Interest is now paid up to the actual settlement date New rules await official notification by the government The Employees Provident Fund Organisation ...
Representational Image/Pixabay The days of taking an eternity to withdraw money from a provident fund (PF) are long gone. The Employees’ Provident Fund Organisation (EPFO) is making efforts to improve ...