Posts Categorized: Provident fund -News

Updated Pension Disbursement Banks Under EPFO: Insights from 122 Offices as of 31st March 2024

Posted by & filed under Provident fund -News, Provident Fund Benefits.

The Employees’ Provident Fund Organisation (EPFO) plays a critical role in ensuring social security through the Employees’ Pension Scheme (EPS) 1995. A key component of this scheme is the efficient disbursement of pensions to millions of pensioners across India. As of 31st March 2024, EPFO has updated its list of pension disbursement banks to enhance… Read more »

Nidhi Aapke Nikat Event on 27th November 2024: EPFO Bridging the Gap Between Employers, Employees, and Social Security Services”

Posted by & filed under Provident Fund - (Notification -Circulars), Provident fund -News.

Overview:The Nidhi Aapke Nikat initiative, led by the Employees’ Provident Fund Organisation (EPFO), continues its mission of fostering direct engagement with employers, employees, and other stakeholders. On 27th November 2024, EPFO is set to conduct camps and interactive sessions across various regions to address grievances, create awareness, and enhance transparency in EPF services. Key Highlights:… Read more »

Nidhi Aapke Nikat 2.0: Comprehensive Interaction on 28th October 2024

Posted by & filed under Provident Fund - (Notification -Circulars), Provident fund -News.

The Nidhi Aapke Nikat 2.0 program by the Employees’ Provident Fund Organisation (EPFO) is set to take place on 28th October 2024, offering a unique opportunity for direct interaction between employees, employers, pensioners, and EPFO officials. This initiative is designed to resolve concerns related to Provident Fund (PF) accounts, pension schemes, and compliance issues. By… Read more »

Nidhi Aapke Nikat 2.0: Camp Activities – 27 September 2024

Posted by & filed under Provident Fund - (Notification -Circulars), Provident fund -News, Provident Fund Benefits.

The Employees’ Provident Fund Organisation (EPFO) continues to innovate its outreach initiatives with Nidhi Aapke Nikat 2.0. Scheduled for 27th September 2024, this program is designed to enhance accessibility, transparency, and service delivery for both employees and employers across India. The camps provide participants with the opportunity to engage directly with EPFO officials, ensuring that… Read more »

Revolutionizing Pension Disbursement: The Centralized Pension Payments System (CPPS) for EPS 1995 Pensioners

Posted by & filed under Provident fund -News.

Revolutionizing Pension Disbursement: The Centralized Pension Payments System (CPPS) for EPS 1995 Pensioners Introduction The Employees’ Pension Scheme (EPS) 1995, administered by the Employees’ Provident Fund Organisation (EPFO), has long been a cornerstone of financial security for millions of retirees in India. However, the existing pension disbursement system, which is largely decentralized, has posed several… Read more »

JOINT DECLARATION FILING (NEW)-EMPLOYER PORTAL

Posted by & filed under Provident fund -News.

Streamlining Employee Record Updates: The New Joint Declaration Filing Feature Under EPFO The Employees’ Provident Fund Organisation (EPFO) has introduced a new feature to simplify the process of updating employee details. The “Joint Declaration Filing” option is now available online, allowing employers to submit joint declaration forms electronically. This significant enhancement aims to streamline the… Read more »

Nidhi Aapke Nikat 2.0: Empowering Clients with Direct Access to EPFO Services on 27th June 2024

Posted by & filed under Provident fund -News.

Nidhi Aapke Nikat 2.0: Empowering Clients with Direct Access to EPFO Services The Employees’ Provident Fund Organisation (EPFO) is thrilled to announce the launch of “Nidhi Aapke Nikat 2.0” camps, scheduled to take place on 27th June 2024. This initiative is a testament to EPFO’s commitment to bringing essential services and support directly to its… Read more »

Streamlining EPF Profile Updates: A Comprehensive Guide for Employees and Employers

Posted by & filed under Provident fund -News, Provident Fund Benefits.

Introduction: The EPFO (Employees’ Provident Fund Organization) is a governmental body in India under the Ministry of Labour and Employment. It administers social security schemes, including the Employee’s Provident Fund Scheme, Family Pension Scheme, Employees’ Pension Scheme, and Employees’ Deposit Linked Insurance Scheme. The Joint Declaration process aims to correct member profiles to minimize rejections… Read more »

EPFO Recommends 8.25% Interest Rate for EPF Subscribers: A Boon for Financial Well-being”

Posted by & filed under Provident fund -News.

Introduction: In a significant development for millions of subscribers of the Employees’ Provident Fund Organization (EPFO), the Central Board of Trustees (CBT) has recommended an annual interest rate of 8.25% to be credited on EPF accumulations for the financial year 2023-24. This decision, made during the 235th CBT meeting held on February 10, 2024, marks… Read more »

EPFO fixes Interest Rate for 2022-23 @8.15% pa

Posted by & filed under Provident Fund - (Notification -Circulars), Provident fund -News.

The 233rd meeting of the Central Board of Trustees, EPF was held today in Delhi under the Chairmanship of Shri Bhupendra Yadav, Union Minister for Labour & Employment and Environment, Forest & Climate Change. The Vice-Chairmanship of Shri Rameshwar Teli, Union Minister of State for Labour & Employment, Petroleum & Natural Gas and Co-Vice-Chairpersonship of Ms…. Read more »