by AIP Online Bureau | Jan 26, 2025 | Indian News, Pension & Social Security, Policy
The notification will give the option to 23 lakh government employees to choose between UPS and NPS, which came into effect on January 1, 2004.The notification added that the rate of full assured payout will be 50% of 12 monthly average basic pay, immediately prior to...
by AIP Online Bureau | Sep 29, 2023 | Indian News, Pension & Social Security, Policy
The deadline for uploading wage details which was ending on September 30 has been extended following representations from Employers & Employers’ Associations, according to a labour ministry’s release New Delhi: Retirement fund body EPFO has given three...
by AIP Online Bureau | Feb 20, 2022 | Eco/Invest/Demography, Indian News, Pension & Social Security
”There has been demand for higher pension on higher contributions among the members of the Employees’ Provident Fund Organisation (EPFO). Thus, it is under active consideration to bring out a new pension product or scheme for those whose monthly basic...
