Pensioner’s Life certificate submission date extended till 28 February 2021
In a major relief to central government pensioners amid the COVID-19 pandemic, the date for submission of life certificate has been extended up to...
MAS Team | 23 December 2020
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EPFO net new enrolments rises 56% to 11.55 lakh in October
The net new enrolments with retirement fund body EPFO rose by 56 per cent to 11.55 lakh in October compared to 7.39 lakh in the same month last year,
MAS Team | 23 December 2020
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Postmen will help pensioners submit digital life certificates, will carry biometric devices
The India Post Payments Bank (IPPB) of Department of Posts & Ministry of Electronics & Information Technology (MeitY) have successfully launched the...
MAS Team | 13 November 2020
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Central Govt employees lose shield against early retirement
The Centre has made it clear that it can, in public interest, prematurely retire its employees at any time even after they have attained the age of...
MAS Team | 02 September 2020
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EPFO allows employers to use e-mails for digital signatures
Retirement fund body the Employees provident Fund Organsiation has further eased compliance for employers by allowing them to use emails to obtain...
MAS Team | 09 May 2020
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Govt allows partial withdrawal for NPS subscribers for Covid-19 treatment
NPS subscribers will now be allowed partial withdrawal for covering expenses related to treatment of COVID-19, as stated by the Pension Fund...
MAS Team | 11 April 2020
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PFRDA may become regulator for all pension products
The Economic Times (ET) reports that the Finance Ministry and board of regulators have given an in-principle nod to the proposal to allow the Pension...
MAS Team | 21 December 2019
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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...
MAS Team | 02 November 2019
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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...
MAS Team | 02 November 2019
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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...
MAS Team | 23 October 2019
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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...
MAS Team | 18 October 2019
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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...
MAS Team | 12 August 2019
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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...
MAS Team | 19 June 2019
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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
MAS Team | 07 May 2019
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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...
MAS Team | 22 March 2019
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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’...
MAS Team | 01 March 2019
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PFRDA working on minimum assured return scheme for NPS subscribers
Pension fund regulator PFRDA is working on a minimum assured return scheme (MARS) for subscribers of the flagship social security programme --...
MAS Team | 28 February 2019
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Govt hikes EPF interest rate to 8.65% for FY18-19
The Central Board of Trustees of the Employees' Provident Fund Organisation (EPFO) has recommended increasing the interest rate on Employees'...
MAS Team | 22 February 2019
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EPFO relaxes rule for payment of higher pension to eligible EPS members
It is possible to claim higher pension from EPFO on the basis of higher contributions made and accepted by EPFO earlier, even if one had not...
MAS Team | 07 February 2019
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