Page 11 - Epfo

Making the EPFO data useful

EPFO registrations by definition suggest that these jobs ensure that workers save a part of their earnings for their retirement days

Was the EPFO ahead of the curve in its preference for passive funds?

Returns from active funds fail to match benchmarks

Now, EPF members can get money faster; here's when you can withdraw

'EPF is a long-term investment and ideally should not be touched until retirement,' says Arnav Pandya, a certified financial planner

New EPFO rules: Now, withdraw 75% funds after 1 month of unemployment

At present, a subscriber can withdraw his or her funds after two months of unemployment and settle the account in one go

On the rise: EPFO monthly payroll count jumps 43% in just a month

EPFO says the data is raw and though it is indicative of jobs to some extent, it does not give a clear explanation on creation of livelihoods

Will EPFO hold you hostage?

EPFO should let the subscribers decide how they want to invest and also allow the government to tax early withdrawals

Curbs on full PF withdrawal likely; move to create 'social security cover'

In a Move to create 'social security cover', govt wager risky payoff, say experts

Employers to save 9 bn annually as EPFO cuts administrative charges to 0.5%

The EPFO decided to cut the administrative charges in view of its expanding business and high recovery of such fees

Govt notifies 8.55% interest on PF for 2017-18, lowest in 5 years

The labour ministry had sent the CBT's recommendation over the rate of interest to the finance ministry for its concurrence

Work with numbers: EPFO data has re-set the debate on employment

The EPFO data must be subjected to a reality test, because other data sets have been saying quite different things; the task is to get to the reality on employment, not score propaganda points

EPFO to inform members about contributions not deposited by firms

According to the statement, the EPFO has so far been intimating its members by way of SMS on credit of their respective monthly contribution into their accounts

EPFO members to get option to hike investments in ETFs by this fiscal

Earlier last year, the CBT had approved an accounting policy to credit ETFs into the members account apart from cash component

EPFO users may get an option to increase or decrease investments in ETFs

It approved a plan to create a reserve fund for its equity investments to shield subscribers from market volatility

FinMin raises questions on interest rate of 8.55% proposed by EPFO

Asks why the retirement fund body has not kept a higher surplus

Over 80 mm EPFO accounts have no birth date, 110 mn missing father's name

Similarly, there are 110,731,613 accounts where details of father's name is not in record

EPFO makes online claims mandatory for PF withdrawals above Rs 1 mn

Under the pension scheme, there is a provision of part withdrawal of pension, commonly known as commutation of pension money

EPFO's investment in corporate debt to reduce to 20%

In 2017-18, the EPFO is estimated to receive Rs 1.28 trillion as contribution from employees

Workers demand Rs 15,000 minimum monthly pension under EPS-95 run by EPFO

It also demanded that on the demise of a formal sector employee, full pension should be given to the widow

PF body proposes decreasing administrative charges for employers

The EPFO has proposed to decrease the administrative charges to 0.50 per cent from 0.65 per cent of the worker's monthly income that goes as employer's share

EPFO goes paperless: Firms can pay dues, update ownership details online

EPFO added it has discontinued the physical submission of the form