Latest pension HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on pension.
Union Budget has proposed a uniform annual cap on employer contributions to social security ...
The Employees Provident Fund Organisation EPFO has successfully disposed of nearly per cent of...
Punjab and Haryana High Court has unequivocally stated that any recovery of excess amounts from a pe...
The Employees’ Provident Fund Organisation (EPFO) has raised concerns about delays in processing pension applications for higher wages under the Employees’ Pension Scheme. Central Provident Fund Commissioner Ramesh Krishnamurthi emphasized the urgency of addressing these delays, particularly given the Supreme Court’s timeline for completing the process. Despite multiple guidelines issued to streamline the process, progress […]
The Department of Pension and Pensioners’ Welfare (DoPPW) has introduced comprehensive guidelines aimed at safeguarding family pension entitlements, particularly for daughters of deceased government employees. This update provides much-needed clarity on family pension eligibility, addressing diverse family situations to ensure equitable access. Enhanced Provisions for Fair Distribution The new guidelines specify that once a daughter’s […]
EPFO: Nearly 97,640 Provident Fund members and pensioners across India are expected to benefit from pensions on higher wages (PoWH) under the Employees’ Pension Scheme, 1995. This initiative follows a Supreme Court judgment from November 2022, allowing eligible individuals to receive pensions based on their higher wages. Of these beneficiaries, 8,401 individuals have already been […]
Nearly 97,640 Provident Fund (PF) members and pensioners under the Employees’ Pension Scheme, 1995, are set to benefit from the pension on higher wages (PoWH) initiative across the country. According to The Hindu report, This figure comprises 8,401 individuals (Till Sept 10, 2024) who have already received pension payment orders (PPOs) and 89,235 who have […]
The Kerala High Court recently held that the right to pension is a constitutional right, if not a fundamental right and a retired employee cannot be deprived of this right. Case Background The petitions were existing and retired employees of the Kerala Books and Publications Society (KBPS), which is a State government-owned registered society, and […]
There are several schemes under the Employees’ Provident Fund Organisation (EPFO). Under this scheme, EPFO announces benefits payable to children, widows & widowers under EPS’95. The EPFO shared in a tweet the benefits payable to the widow/ widowers and children under this particular scheme. In case of any query, the EPFO members can login to […]
As per the new order for Pension and Gratuity Payment, the Government has emphasized and also has asked their officials to ensure that the payment of pension and gratuity for its retired Employees is not stopped if final Pension Payment Order (PPO) is delayed and should also not be discontinued under any circumstances. The order also […]
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 […]
