If you are employed in a government or private organization, a certain amount of your salary is deducted monthly to contribute to the Employees’ Provident Fund (EPF). By contributing continuously for 10 years, you secure your future and become eligible for a pension from the Employees’ Provident Fund Organization (EPFO) after retirement, ensuring a financially … Read more
The Employees’ Provident Fund Organisation (EPFO) frequently updates and simplifies its rules to benefit customers. Recently, a significant change has been announced for private employees, which will take effect on January 1, 2025. The central government has already approved this new policy. Under the upcoming policy, 7.8 million pensioners nationwide will benefit from a new … Read more
Monitoring your pension status on the EPFO portal is vital for every employee who contributes to the Employee Provident Fund (EPF). This involves a few simple steps, which we will guide you through in this document. This easy-to-manage process helps ensure your retirement benefits are secure and allows you to plan accordingly. The Employee Pension … Read more
The Employee Pension Scheme (EPS) is an integral part of the Employees’ Provident Fund (EPF), which is managed by the Employees’ Provident Fund Organization (EPFO) in India. The EPFO, a statutory body under the Ministry of Labour and Employment, is responsible for overseeing the implementation of the EPS and ensuring its benefits reach the employees. … Read more
EPF subscribers who registered on the UAN portal can get the PF Balance with EPF Balance Enquiry Number 2024 by giving a missed call to 9966044425 from their registered mobile number. If the member’s UAN is seeded with any bank account numbers, such as AADHAAR and PAN, the member will receive details of the last … Read more
The Employee Provident Fund Organisation (EPFO) offers an insurance cover through the Employees’ Deposit Linked Insurance Scheme (EDLI) for private sector salaried employees. This insurance benefit is available for all private-sector EPFO subscribers. As an employee, you want to ensure that you are well-protected not only during your employment but also in unfortunate events such … Read more
According to EPFO rules, members who have contributed to EPFO for ten years are eligible for a pension. The pension starts at 58 for EPFO members but can be claimed earlier. Family members can also receive a pension. EPFO offers seven types of pensions: 1. Early Pension: EPFO provides pensions from age 58, but eligible … Read more
The Employee Provident Fund (EPF) is a crucial retirement savings scheme for salaried employees in India. The Employee Provident Fund Organization (EPFO) manages the EPF scheme. Which ensures financial security for employees after retirement. Both employers and employees contribute to this fund, making it an essential part of an individual’s financial planning. In this article, … Read more
The retirement fund body Employees Provident Fund Organization (EPFO) fixed the EPF Interest Rate 2024 at 8.15% on the Employees Provident Fund (EPF) for the financial year 2022-23. For the unversed, an employee’s EPF contribution is credited to their EPF account every month, and interest is calculated every month. However, the total interest for the … Read more
Resetting your EPFO UAN password is straightforward. You can do it online at the official EPFO website: https://www.epfindia.gov.in. Employees can also change their EPF UAN password using their registered mobile number. You’re not alone if you’re having trouble resetting your EPF UAN password. Many employees in India face this issue, but fortunately, the process is … Read more