EPS-95 pensioners have intensified their demand to raise the minimum EPF pension from ₹1,000 to ₹7,500 and will hold a ...
The government is considering increasing the Employees’ Provident Fund (EPF) wage ceiling from Rs 15,000 to Rs 25,000 to get more workers under its umbrella, as per an Economic Times (ET) report. The ...
EPFO has reinstated the option for employees to link their pension scheme contributions to their full basic salary. This move offers relief to a limited group who previously opted for higher ...
With EPS 2026 set to take effect on April 1, 2026, the removal of the higher pension option and the formalisation of pro rata calculation have raised fresh concerns among EPF members over possible ...
Under EPS, 8.33 per cent of the employer’s EPF contribution is diverted towards pension. When the wage ceiling was enforced, pensionable salary calculations were capped, significantly lowering ...
EPFO pension rules: In India, most salaried employees' retirement savings are primarily through the Employees' Provident Fund Organisation's (EPFO) provident fund system. Every month, both the ...
The compound interest is credited by EPFO on a monthly running balance basis at the statutory rate declared for each year. For 2024-25, EPFO declared an interest of 8.25%.