Page 34 - Epfo

PF rate lowered to 8.65%, loyalty benefits added and bonus on retirement

EPF interest rate for FY17 to be lower than that provided for FY16

EPFO to provide 8.65% interest on EPF for FY17

Last year, FinMin decided to lower EPF interest rate of 8.8% for 2015-16 decided by the CBT to 8.7%

EPFO subscribers to get loyalty-cum-life benefit of up to Rs 50,000

CBT has recommended a minimum sum assured of Rs 2.5 lakh in the event of death of a subscriber.

EPFO extends deadline for submitting Aadhaar to April 30

It also extended deadline for submitting digital life certificates for its over 50 lakh pensioners

Coming soon: Settle PF claims on your phone through mobile app UMANG

EPFO receives close to 1 crore applications manually for various settlements

EPFO to loop in 1 crore workers through higher wage ceiling of Rs 25,000

Hike in the wage ceiling would mean an additional burden of about Rs 2,700 for the Centre

EPFO defers decision to hike investments in ETFs from 10% to 15%

However, CBT agrees to cover 62 lakh volunteers under the EPFO's social security scheme

EPFO to consider investments of up to 15 per cent in ETFs

In 2015, finance ministry had allowed PPFs to invest 5-15% of its investible deposits in equity

Low EPFO administrative charges to boost compliance

The new rate of administrative charge would be applicable from April 1, 2017

EPFO cuts admin charges to 0.65%; 6 lakh firms to save Rs 1,000 cr a year

Currently, administrative charges are 0.85% of total wages

EPFO may invest up to 15% of investable amount in equity markets

The EPFO had started investing in ETFs in August 2015

You can soon withdraw 90% of PF to make down payment for your house

EPFO subscribers would have to form a co-operative society with at least 10 members for the facility

Single form soon for firms to enrol with EPFO, ESIC

The schemes run by EPFO and ESIC provide mandatory cover to formal sector workers in the country

EPFO allows withdrawals from pension account without Aadhaar card

Members with less than 10 years of service can submit final settlement claim through Form 10C

EPFO to launch housing scheme for over 4 cr members in March

A source said that in case of any dispute, the EPFO would not a party to the legal battle

Withdrawals made easier: EPFO introduces one single claim form

New single page composite claim form (Non-Aadhar), can be submitted with attestation of employers

EPFO introduces common form for different types of withdrawal

New single page composite claim form (Non-Aadhar), can be submitted with attestation of employers

Government may allow state pension fund EPFO to buy more stocks

The issue would be taken up in the next meeting of the CBT of the fund, said Dattatreya

EPFO pensioners can give digital life certificate till Feb 28

It has done to help them get their pension account linked with Aadhaar

EPFO makes Aadhaar mandatory for its pensioners, members

EPFO has made it mandatory for about 5 mn pensioners and 40 mn subscribers to provide proof