continuation of PF be considered regardless transf
If an employee has no break in employment over three years but just since he didn't transfer PF funds, account become non operative. Rightly so since PF office would not know but why no remedy available to concerned employee to reinstate continuation instead of loosing interest. The money is any way being used by Govt. more
Ihad left a company in 2013 & my current company does not deposit EPF. Its been 3-4 years I am not getting any information on he umang app on my passbook except - "Contribution not recieved or status is as UCD Member or Already Settled. Kindly contact to concern EPF office" I wanted to transfer my EPF amount to PPF or check the interest on it. What is the solution? more
From November 2016, the account becoming inoperative not eligible for interest is gone and now even if account is inoperative for more than 3 years, it is eligible for interest. However this instruction has not been built up in the system and therefore after obtaining permission of Regional PF Commissioner, the department people calculates the interest. more
pl make the EPF into PPF only. There need not be a link in between. Let the salary go into the bank account(aadhar linked) directly, as is going to happen from now on, and let the employee and the Govt handle it from there. People are capable of handling their money. Remove the employer from the picture. Unproductive work is being done by the department and the employer. Dealing with the banks is lot better than dealing with employer and the Govt. more
In a groundbreaking leap for modern financial freedom, the Employees’ Provident Fund Organisation (EPFO) has announced that, starting 2025, its 7 crore members will finally be able to withdra...
withdraw your money regularly for your marriage, health expenses to parents, children's education etc. Don't keep your money there. Some of the other members are right. The makkari and c...
One of our employees father cant seem to withdraw his EPFO funds. His words to the team today: EPFO is not for your welfare. It's a forced investment into govt. securities. J...
Isn't this large scale cheating? Interest on EPF is actually credited almost a year after its due. EPFO maintains a corpus of Rs. 21.3 trillion (2022-23 data). If it delays cre...
Employee Provident Fund (EPF) was started in 1952. It was a provision in lieu of the government's inability to provide social security to the working class on retirement, and was thus kept tax...
More than 10 years in Govt, these guys are not able to solve issues related to EPFO websites and late interest payment 1. Interest for year 23-24 which should have been credited by 31st ...
I suggest @LocalCircles admin run a survey to gauge the sentiment of public w.r.t EPFO in terms of trust/integrity, efficiency, transparency and ease of use.
A well placed family member wrote this yesterday Had always opted out of EPF all my life, till my current employer didn't budge on that request. Thank fully probably will los...
A person with stage IV cancer has 19 lakh stuck with EPF. What a pathetic and heartless system have we created? EPF is nothing but a tyranny inflicted on salaried people by babus and politicians. I...
EPFO should consider shutting down and allowing us to transfer our accumulated EPF corpus to NPS. It's taken 6 months to merge my brother’s old EPF because a DA clerk was transferred, and the...
By Satvik Singh
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