Labour ministry shelves proposal to switch between EPS and NPS after protests from EPFO, trade unions

The government has shelved the proposal to allow provident fund subscribers to switch from Employees' Pension Scheme (EPS) to National Pension System...

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Now Workers Can Get UAN from EPFO Directly, Store Pension Documents Digitally

Retirement fund body EPFO has launched a facility for formal sector workers to obtain universal account number (UAN) online without depending on...

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EPFO Members Pension May Start After 60

The Employees’ Provident Fund Organisation (EPFO) may soon give members an option to start drawing their pension once they turn 60 instead of...

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EPFO may allow subscribers’ NPS switch

The Employees’ Provident Fund Organisation has supported a labour ministry proposal to allow its subscribers switch to the National Pension...

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Super Senior Pensioners Get 2 Months to Submit Life Certificate

The government has extended the window to submit life certificates to two months for super senior pensioners. Now, life certificates can be submitted...

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EPFO Bars Private Sector Asset Managers from Taking Positions in Group Companies

India’s Employees’ Provident Fund Organisation has barred its private sector asset managers from taking positions in group companies as...

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49% Indians are confident of meeting healthcare expenses in retirement, says survey

Nearly 49% of Indians are confident they will be able to take care of their healthcare expenses after quitting work

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Employees May See EPF Contribution Rise Post SC Ruling

In its ruling on 28 February, 2019, the Supreme Court has held that 'allowances', paid by employer to its employees, will be included in the scope of...

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Special allowance part of basic salary for PF calculations: SC

In what will have financial ramifications for establishments, the Supreme Court ruled that employers cannot segregate ‘special allowance’...

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