To support its subscribers during the second wave of Coronavirus pandemic, Employees Provident Fund Organisation (EPFO) has now allowed its members to avail second non-refundable Covid-19 advance.Members who have already availed the first .
Earlier last year, the Employees' Provident Fund Organisation (EPFO) had allowed its members to withdraw COVID-19 advance to meet exigencies due to the pandemic. The members were allowed to withdraw three months basic wages (basic pay + dearness allowance) or up to 75 percent of amount standing to their credit in their provident fund account, whichever is less.
Big news for EPFO members! You can now avail second COVID advance - Check details
To support its subscribers during COVID, EPFO has now allowed its over five crore subscribers to avail second non-refundable COVID-19 advance.
Share
Updated: May 31, 2021, 05:50 PM IST
To support its subscribers during the second wave of COVID-19 pandemic, retirement fund body EPFO has now allowed its over five crore subscribers to avail second non-refundable COVID-19 advance.
Earlier last year, the Employees Provident Fund Organisation (EPFO) had allowed its members to withdraw COVID-19 advance to meet exigencies due to the pandemic.
The members were allowed to withdraw three months basic wages (basic pay + dearness allowance) or up to 75 per cent of amount standing to their credit in their provident fund account, whichever is less.
A collage of laws that leaves the worker out in the cold
Updated:
Updated:
May 20, 2021 00:39 IST
The universalisation of social security remains an unfulfilled aspiration in the new code on social security
Share Article
AAA
The universalisation of social security remains an unfulfilled aspiration in the new code on social security
As COVID-19 destroys lives and livelihoods, an unprepared government has rendered low-paid, informal workers, who constitute 91% of the workforce, totally hapless, pushing them further into poverty. Imagine if these same informal workers had social security (including free basic curative care in public clinics and hospitals, the elderly had old age pensions, the dying had death/disability insurance or life insurance). Imagine also that they had at least a minimum income guarantee, which prevented them from falling into debt; debt is currently exploding among the poor as their incomes collapsed.
Updated:
Share Article
AAA
The Regional Office of Employees Provident Fund Organisation (EPFO) has intimated that Aadhaar card is mandatory to avail benefit/service.
In a statement, Shashikant Dahiya, Assistant Provident Fund Commissioner/ Officer-In-Charge, said The Section 142 (Application of Aadhaar) of the Code on Social Security took effect from May .
Aadhar number was necessary for purposes of registration as member or beneficiary; seeking benefit whether in kind, cash or medical sickness benefit or pension, gratuity or maternity benefit or any benefit or for withdrawal of fund; availing services of career centre; or receiving any payment or medical attendance as insured person himself or for his dependents.