EPFO Pension Hike 2025 Update: The Employees` Pension Scheme (EPS-95), running under the Employees’ Provident Fund Organisation (EPFO), has mainly been a social security measure meant for India’s organized sector workers. It renders a certain measure of financial security post-retirement so that employees may enjoy a worthy life during their golden years. In an effort … Read more
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
EPFO Pension Hike 2025: 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 … Read more
EPFO Pension Hike 2025 Minimum Raise: In an epic decision, which has come very late for the retired workforce in India, the Employees’ Provident Fund Organisation has approved a significant hike in minimum pension for the year 2025 about which awakening India has been waiting for almost two decades. Starting from April 1, 2025, the … Read more
This is a major change for EPFO members, as the organization introduces this lunation for the benefit of millions. EPFO’s change now allows members to correct personal details without submitting any supporting documents. This easy process means changing details like name spelling, date of birth, gender, marital status, and dates of employment in a few … Read more
Millions of employees and pensioners across India will receive a massive sigh of relief with the Employees’ Provident Fund Organisation’s (EPFO) amazing upgrade of the IT system. Guided by the Union Ministry of Labour and Employment, the new system will now be able to automate claim settlement, facilitate balance checks, and ensure timely disbursement of … Read more
More than 7 crore Employees’ Provident Fund (EPF) account holders will experience immense relief due to the two key reforms mandated by the Employees’ Provident Fund Organization (EPFO). These amendments will ensure faster, easier, and much less stressful payment settlements for the working class throughout the country. No More Uploading of Cheques or Passbooks Yes, … Read more
This is a significant change in the EPF withdrawal process that has been brought forward by the Ministry of Labour and Employment. It offers simplicity and speed in plans for settlement by employees. In a press release on Thursday, the provisions announced take away the requirement of submitting a cancelled cheque or the bank passbook … Read more
It is not merely a financial goal; retirement planning is a requirement for a future free of worry and secure. Early starters could make huge combinations, whether on small pay or high wages. One of the most reliable methods that has put dividends in building up a retirement corpus is under the Employees’ Provident Fund … Read more