All New Pension Formula Soon Amid Pushback Against Reform: Report

New Delhi- The Indian government will likely assure its employees a minimum pension of 40%-45% of their last drawn salary by altering the current...

EPFO Adds 13.4 Lakh Members In March, 1.39 Cr in 2022-23

New Delhi- Retirement fund body EPFO added 13.40 lakh members on a net basis in March, taking the total addition to 1.39 crore in...

Higher Pension: Subscribers, Pensioners To Get 3 Months To Give Consent For Diverting Additional...

New Delhi- Subscribers or pensioners opting for higher pension will get three months to give their consent for diverting additional contributions or dues under...

EPFO Extends Deadline To Apply For Higher Pension Till June 26

New Delhi- Retirement fund body EPFO has extended the date for filing applications to opt for a higher pension till June 26, 2023. In order...

EPFO Adds 13.96 Lakh Net New Members In Feb

New Delhi- Retirement fund body EPFO has recorded a net addition of 13.96 lakh new subscribers in February 2023. The provisional payroll data of...

FinMin Sets Up Panel To Review Pension System For Govt Employees

New Delhi- Finance Ministry on Thursday set up a committee under Finance Secretary T V Somanathan to review the pension system for government employees. The...

EPFO Fixes 8.15% Interest Rate On Employees’ Provident Fund For 2022-23

New Delhi- Retirement fund body EPFO on Tuesday marginally raised interest rate on employees’ provident fund (EPF) deposits to 8.15 per cent for 2022-23...

Govt To Set Up Panel Headed By Finance Secretary To Improve NPS

New Delhi- With some non-BJP ruled states deciding to revert to the old pension scheme, the Centre on Friday decided to set up a...

NPS, APY Subscribers Rise 23% In FY23; Over 1 Crore Customers Added To APY

New Delhi- The number of subscribers under the National Pension Scheme (NPS) and Atal Pension Yojana (APY) increased 23 per cent to over 6.24...

Select Central Govt Employees Get One-Time Option To Opt For Old Pension Scheme

New Delhi- In a major move, a select group of central government employees have been given a one-time option to opt for old pension...