Page 14 - Epfo

EPFO to launch housing scheme for over 4 cr members in March

A source said that in case of any dispute, the EPFO would not a party to the legal battle

Withdrawals made easier: EPFO introduces one single claim form

New single page composite claim form (Non-Aadhar), can be submitted with attestation of employers

EPFO introduces common form for different types of withdrawal

New single page composite claim form (Non-Aadhar), can be submitted with attestation of employers

Government may allow state pension fund EPFO to buy more stocks

The issue would be taken up in the next meeting of the CBT of the fund, said Dattatreya

EPFO pensioners can give digital life certificate till Feb 28

It has done to help them get their pension account linked with Aadhaar

EPFO makes Aadhaar mandatory for its pensioners, members

EPFO has made it mandatory for about 5 mn pensioners and 40 mn subscribers to provide proof

Pension pinch

Central Board of Trustees, fixed 8.65% as the interest on EPF deposits for FY17

40 million subscribers will now get a 4-year low interest rate of 8.65% on PF deposits

Central Board of Trustees took this decision in light of low surplus; fulfil aim of lowering interest rates on other saving schemes

EPFO invests Rs 10,484 cr in exchange traded funds till November

EPFO had started investing five per cent of its incremental inflows in ETFs based on Nifty 50 and Sensex indices in August last year

EPFO will remain best savings route for the risk averse

Even if the government were to lower the rate, the next best debt option is a good 100-150 basis points lower

EPFO might retain 8.8% interest rate for subscribers on Monday

Besides, the EPFO will also consider a proposal to reduce the administrative charges to 0.65% of total wage on which contributions are payable from 0.85% at present

EPFO likely to hike monthly wage ceiling to Rs 25k on Dec 19

Move can bring in 5 million more formal sector workers into the social security net of the EPFO

EPFO pensioners can submit life certificate till January 15

Providing breather to its around 50 lakh pensioners amid difficulties being faced by banks due to demonetisation

EPFO invests Rs 9,723 crore in ETF till Oct 31: Government

Dattatreya says that the dividend yield becomes part of the net asset value of exchange traded funds

EPFO asks field staff to settle death claims within seven days

Last month, PM Modi had desired that claims related to death cases be prioritized and expedited, retirement claims settled on the day of retirement

EPFO asks field staff to settle death claim in 7 days

EPFO said that the Prime Minister desired claims related to death cases be prioritised and expedited and retirement claims may be settled on the day of retirement

Now, idle EPF accounts to earn 8.8% interest; over 97 million people to benefit

According to officials around Rs 42,000 crore is lying in "inoperative accounts" across the country

'EPFO settling death claims in 7 days will reduce relatives' ordeal'

All field offices have been directed by Central PF Commissioner to make special arrangements to meet this deadline

EPFO to now settle death claims in 7 days

The Central Provident Fund Commissioner (CPFC) informed the minister that on Prime Ministers' directions, EPFO has issued detailed guidelines on retirement and death cases

Workers can soon choose insurance plans other than ESI

Unions have opposed this proposal saying that there are a few products available in the market which are comparable with EPFO