most of the middle class people retired from private sector have been getting a megre EPS pension anything between Rs.1000 & 2000 per month. This is without any increase for more than last 20 years. Why govt is not taking any care of these people? As you rightly said sir, local circles shall take this matter also to the attention of central govt, department of labour and finance more
Actually retirees from Pvt sector have accepted the system. Govt does not change the rule/policy unless it is made an election issue. Circle may conduct survey on the above and based on the report may take up with GOI. However, industrialists in the Pvt sector which pays huge amount in party fund will object to change, because the present system benefits both GOI and Pvt sector. Employee will come and go. more
EPFO pension (EPS) is nothing but a money making machine for Govt. They give some pension just like interest based on your deposited amount in pension fund. The main catch is death of any person first the same is reduced to half for the wife and NIL after death of wife thus full money goes to Govt. more
If any one of us knows the LAW & how it can be present to the concern authorities. Rest after that, if need personal contributions , we can fight for our objective. more
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...
I have withdrawn my eps from previos employer.After that I served with new employer for about 9 years and my eps contribution was deposited.After retirement I want to withdraw this additinal 9years...
EPFO Takes 15-20 Days for PF Withdrawal Shouldn’t Take More Than 2-3 Days in 2024 Pay Compensation of ₹5000 Per Day if Withdrawals Delayed by Lazy Sarkari Babus
My retirement has only 4 months. Before retirement I would like to settle my all-personal loans having @12.2 lacs. But I have only source is PF which is now accumulated more than Rs. 32 lacs. Shall...
Once the Government has announced EPF interest rates, what is reason for non reflection in members pass book? Such delays also cause financial loss to members who have to do a final withdrawal...
EPFO has now allowed subscribers to go beyond the pensionable salary capped at Rs 15,000 a month on which employers deduct a sum equal to 8.33% of the ‘actual basic salary’ towards pens...
Dear Respectable Members, I am not sure what guidelines OR procedures to get higher pension from EPF/EPS. I am having only News paper information, that is 6th May 2023 as last date to su...
After recent retirement, I had applied for full PF-amount-release, which was subsequently shown as settled. On the EPF Portal, it shows as - "Your Claim [ Claim Id - xxx ] has been Settled. P...
By Indrajit Mukherjee
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