6.5 Crore EPF Members To Benefit As Government Weighs Hike In EPS-95 Rs 1,000 Minimum Pension

6.5 Crore EPF Members To Benefit As Government Weighs Hike In EPS-95 Rs 1,000 Minimum Pension

New Delhi: The Union Government is actively examining a proposal to increase the minimum pension under the Employees’ Pension Scheme (EPS), 1995), aimed at improving retirement income for millions of pensioners across the country. Currently, the minimum pension stands at Rs 1,000 per month, a figure that has remained unchanged for years despite rising living…

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EPFO Board clears major reforms to simplify withdrawals, cut litigation, boost digital services

EPFO Board clears major reforms to simplify withdrawals, cut litigation, boost digital services

The Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation (EPFO) approved a set of landmark reforms at its 238th meeting held in New Delhi on October 13, according to the Ministry of Labour and Employment. The meeting was chaired by Union Minister for Labour and Employment, Dr Mansukh Mandaviya and attended by…

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EPFO Board Meeting Result Expected Soon: Key Decisions On Pension Hike, EPS-95 & EPFO 3.0 Reforms

EPFO Board Meeting Result Expected Soon: Key Decisions On Pension Hike, EPS-95 & EPFO 3.0 Reforms

New Delhi: The Central Board of Trustees (CBT), the top decision-making body of the Employees’ Provident Fund Organisation (EPFO), will convene in Bengaluru on October 10–11 to consider several major policy decisions, including a possible increase in the minimum monthly pension under the Employees’ Pension Scheme (EPS-95). Key Topics on the Table One of the…

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EPFO Set To Launch ATM Withdrawal Facility For PF Members In January 2026: Report

EPFO Set To Launch ATM Withdrawal Facility For PF Members In January 2026: Report

New Delhi: Starting January 2026, EPF subscribers might be able to access their provident fund savings directly from ATMs. The Employees’ Provident Fund Organisation (EPFO) is expected to introduce this convenient facility at the beginning of the new year, making it easier for members to withdraw funds when needed, according to a report by Moneycontrol….

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Withdrawn PF Advance Money? EPFO Can Recover The Money With Penal Interest If You…

Withdrawn PF Advance Money? EPFO Can Recover The Money With Penal Interest If You…

New Delhi: The Employees’ Provident Fund (EPF) is a compulsory savings and retirement plan for employees. This plan serves as a financial safety net, providing employees with a lump sum corpus after retirement. While the primary purpose of the EPF is retirement savings, it has provisions for premature withdrawals. Premature withdrawal is permitted under specific…

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