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EPFO interest credited

Retirement fund body EPFO on Thursday started crediting the 8.5 per cent rate of interest on employees’ provident fund (EPF) for 2019-20 for its over six crore members, a senior official said. A large number of members of the Employees Provident Fund Organisation (EPFO) would be able to see their updated EPF accounts with credit of 8.5 per cent rate of interest for 2019-20, a senior official told PTI. The official further informed that the labour ministry has already sent the direction to credit the 8.5 per cent interest on EPF for 2019-20 to the EPFO and the body has already started crediting interest into members account for the last fiscal.

Pension given out under Prayaas scheme

Pension given out under ‘Prayaas’ scheme Updated: Updated: Share Article AAA The Employees’ Provident Fund Organisation (EPFO), distributed pension payment orders to the employees of Indian Oil Corporation, Ashok Leyland, Fourrts (India) Laboratories Ltd and Padma Seshadri Bala Bhavan Secondary School, as part of ‘Prayaas’, an initiative to release pensions on the day of superannuation to members under the Employees’ Pension Scheme, 1995. According to a press release, pension payment orders were handed over to the retiring employees by Sudhir Kumar Jaiswal, Regional P.F. Commissioner-II (Pension). P. Srinivasan, Assistant P.F. Commissioner (Pension) participated. SUBSCRIBE TO OUR DAILY NEWSLETTER Submit

EPFO retains 8 5% interest for 19-20 : The Tribune India

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