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Coronavirus: EPFO to disburse pension early to 6.5 mn account holders

Earlier this month, the EPFO had issued a statement asking its subscribers to avail online for availing various facilities, including for their provident fund claims

At present, 8.33 per cent of wage up to Rs 15,000 a month is remitted to the EPS account of a worker
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At present, 8.33 per cent of wage up to Rs 15,000 a month is remitted to the EPS account of a worker

Somesh Jha New Delhi
The Employees’ Provident Fund Organisation (EPFO) will disburse monthly pension to its 6.5 million account holders before the end of this March, in a bid to help subscribers tide over the outbreak of the COVID-19 coronavirus.

“Due to the corona virus pandemic, lock down has been declared in various parts of the country. In order to ensure that no inconvenience is caused to the pensioners on account of the prevalent situation, (the) Central Provident Fund Commissioner (of the EPFO) has directed the field offices to generate and reconcile pensioners’ details and pension amount statements for the current month by 25