The Employees’ Pension Scheme, or EPS 95, is a pension scheme provided to private and public sector employees after age 58. Introduced on November 19, 1995, it is intended to meet the retirement needs of employees in the organized sector. The scheme, managed by the Employee Provident Fund Organization (EPFO), provides a secure future by … Read more
Employee Provident Fund (EPF) is a retirement benefits scheme introduced by the government of India in 1952. The social security scheme aims to provide employees with financial stability after retirement. The EPF scheme is mandatory for all establishments with 20 or more employees. This page provides detailed information on the importance and benefits of the Employee … 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 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
The Government of India has taken the initiative to implement the Employees’ Provident Fund (EPF) scheme to benefit employees. The Employees Provident Fund Organization (EPFO) runs the scheme to provide retirement benefits and secure life in old age. Every employee in the country can become a member. PF money is deposited in the Universal Account … Read more
EPFO KYC Update is a crucial step for EPF members to ensure the authenticity of their identity proofs and prevent fraud. With the advent of online services, updating KYC details has become simple and quick. The Employees’ Provident Fund Organization (EPFO) is a statutory body that manages the Employee Provident Fund (EPF) and Employee Pension … Read more
EPFO subscribers can access EPFO UAN Card, Pension Payment Order, and Scheme Certificate services through the UMANG App. Members can download these documents using the mobile app. In today’s fast-paced world, where technology has revolutionized every sector of society, the Employees’ Provident Fund Organization (EPFO) has also made its services available on mobile applications to … Read more
The UAN Registration 2024 or PF Registration 2024 link is available at the Employee Provident Fund Organisation web portal, epfindia.gov.in. EPF subscribers can register for UAN and activate their UAN at this portal. The Universal Account Number (UAN) is a unique identification number that is assigned to all EPF account holders by the EPFO. The … Read more