Saurabh 
Recently, the Employees’ Provident Fund Organization has announced its strategic reforms that will pave the way toward better pension benefits for members. These measures are towards securing a better retirement life bastion for the retirees, in line with decades of raised demands from pensioners and trade unions. Minimum Pension Increase In view of the continuous … Read more
Much has been done lately by EPFO to introduce serious reforms to improve the efficiency and accessibility of services offered to members and employers. Simplification of Claim Settlement Process With respect to claim settlement acceleration, EPFO does not require members to upload photographs of the cheque leaves or answers of the attested bank passbooks while … Read more
The EPFO has gone a long way in making the Employees’ Deposit Link Insurance (EDLI) Scheme improvements for better financial security for dependent family members of EPF members. Changes were approved by the Central Board of Trustees (CBT) at its 237th meeting on February 28, 2025. Important Developments Under the EDLI Scheme 1, Minimum Insurance … Read more
Reducing occasional differences, one hopes that fresh measures of minimum pension under the Employees’ Pension Scheme (EPS) administered by the EPFO will be discussed as of April 2025. Current updates are as follows. Minimum Pension Increase House Panel Recommendations A Parliamentary Standing Committee led by MP Basavaraj S. Bommai has urged the Labour Ministry and … Read more
The consideration of a rise in the minimum pension given by the Employees’ Provident Fund Organisation (EPFO) under the Employees’ Pension Scheme (EPS) is still in conversation on 2nd April 2025. The minimum pension is now ₹1,000 a month, fixed in 2014. Different groups, including pensioners’ associations and trade unions, have been requesting that this … Read more
The scenario of pension plans in India is undergoing such drastic change to ensure that retirees enjoy a financially secure life. Some recent changes include the recommended hike in Employees’ Provident Fund Organization (EPFO) minimum pension, Unified Pension Scheme (UPS) for central government employees, and adjustments in Dearness Allowance (DA) rates for central government pensioners. … Read more
From the year 2025, laws that have really affected the central government employees and pensioners were enacted into reality concerning pensions. The change essentially intends to improve financial security for such employees and to smoothen pension processing. Implementation of Unified Pension Scheme (UPS) With effect from 01.04.2025, the Unified Pension Scheme replaced the National Pension … Read more
In 2025, the government of Singapore embarked on several financial assistance programs in response to the escalating cost of living that affected its citizens. These payouts assist those from the Assurance Package, Majulah Package, and other kinds of programs that focus on providing different sectors of society with targeted assistance, including the elderly, low-income families, … Read more
As of April 2025, important modifications are being brought into India’s ration card system with a view to increasing transparency and accessibility and enhancing the distribution mechanism of food subsidies under the Public Distribution System (PDS). Compulsory e-KYC and Linking of Aadhaar The central government has made it mandatory for all ration card holders to … Read more
The Employees’ Provident Fund Organisation (EPFO) has put in place plans to radically transform access to funds by introducing a special ATM-like card expected to come into effect in January 2025. The program is part of the actualization of an EPFO 3.0 and has been developed to improve user convenience and fund withdrawal processes. Key … Read more