EDLI Update – Minimum Assurance benefit of Rs. 2.5 lakhs for two years

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Effective from 15th February 2018, Ministry of Labour and Employment has introduced minimum assurance benefit of Rs. 2.5lakhs and maximum of 6 lakhs. Accordingly, the proviso under para 22(3) (i) has been substituted as under; the minimum assurance benefit of Rs. 2.5 lakhs shall be in force for a period of two years from the… Read more »

Facility to link UAN with Aadhaar at EPFO eKYC portal

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Respected Sir/ Madam, It is informed that functionality to “LINK UAN WITH AADHAAR”  is provided in eKYC Portalavailable at web address https://iwu.epfindia.gov.in/eKYC/: 1. For Members having Mobile Number linked with UAN:-     The functionality for “LINK UAN WITH AADHAAR” provided to Members online has been enhanced by providing additional facility to verify Aadhaar using Biometric…. Read more »

Here’s An App That Lets You Check Your PF Balance, Pension

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With the m-EPF app users can view their monthly credits through the passbook as well their details available with EPFO. HIGHLIGHTS EPF pensioners can access disbursement details through mobile app m-EPF. m-EPF lets employees access their EPF account using Unique Account Number. Employers can view remittance details using m-EPF app. Link to download on android phone … Read more »

EPFO signs MoU with HUDCO under new Housing Scheme of EPF & MP Act-1952

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Dr. V.P. Joy, Central Provident Fund Commissioner and Dr. M. Ravi Kanth, CMD HUDCO signed a Memorandum of Understanding (MoU) in the august presence of Hon’ble Minister, HUPA, Shri M. Venkaiah Naidu and Hon’ble Minister of State (Independent Charge), Labour & Employment, Shri Bandaru Dattatreya for facilitating “Housing for All by 2022” at Ministry of… Read more »

Latest Rules On Provident Fund Withdrawal You Should Know: 10 Facts

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According to provident fund norms, 12 per cent of an employee’s salary goes into the fund along with a matching contribution from the employer. The Employees’ Provident Fund Organisation (EPFO) has been taking many steps to ease the process of provident fund (PF) money withdrawal. The PF money can be withdrawn after two months from… Read more »

Amendment in Employees Pension Scheme 1995

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Dear all,There is an  Amendment in Employees Pension Scheme 1995 where in the Provision of Orphan Pension which was earlier up to age 25 years has been increase  beyond age of 25 years in case if such Orphan is suffering from disorder of mind or is Physically crippled or disable Notification:- Pension_GazetteNotification_GSR387(E)_8314

Employee Deposit Link Insurance Scheme Amendment 2016

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The Government of India has finally implemented the decision of increasing the maximum sum limit assured under insurance scheme of retirement fund body Employee Provident Fund Organisation, popularly termed as EPFO, to 6 lakh rupees. This would almost double the maximum sum for its 4 crore subscribers. The decision was, however, taken long back in September… Read more »