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Despite the increasing focus on financial security and retirement planning, a significant portion of...
The Employees Pension Scheme EPS- is designed to provide social security and financial stabilit...
The Department of Pension and Pensioners Welfare has recently rolled out a significant change in th...
Union Labour and Employment Minister Bhupender Yadav on Monday launched the “Donate-a-Pension” initiative under Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) pension scheme. Under this initiative Citizens of India can donate the premium contribution of their immediate support staff such as domestic workers, drivers, helpers, care givers, nurses, in their household or establishment. The donor can […]
Retirement fund body EPFO is mulling a new pension product for organised sector workers who are getting basic wages of more than ₹15,000 per month and are not mandatorily covered under its Employees’ Pension Scheme 1995 (EPS-95). At present, all those employees in the organised sector whose basic wage (basic pay plus dearness allowance) is up […]
Govt rolls out pension scheme for families of workers who died due to COVID-19 The Ministry of Labour and Employment has announced additional benefits for workers through ESIC and EPFO schemes to address the fear and anxiety of workers about the well-being of their family members due to increasing incidences of death due to COVID […]
