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employees pension scheme: EPFO issues SOPs for handling joint declaration application for higher pension under its Employees' Pension Scheme

The retirement fund body EPFO, on Monday, issued the standard operating procedures (SOPs), listing out the valid documents for correction in employees profile while fixing timelines for processing the correction-related applications and allowing subscribers to online monitor their application. ....

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Employees' Pension Scheme (EPS) members having multiple account numbers: EPFO rules to know

The following procedures must be undertaken if an EPS member has several account numbers for concurrent employment, simultaneously at two or more establishments, according to the EPFO circular dated January 29, 2024. ....

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epfo: EPFO received highest ever total contribution of over Rs 64,800 cr during 2022-23: Labour Ministry

The Employees Provident Fund Organisation received a total contribution of Rs 64885.60 crore during 2022-23, the highest ever under its Employees Pension Scheme, shows the labour ministrys response to a question in Rajya Sabha on Thursday. This has taken the EPS total corpus to Rs 7,80,308.93 crore in the last fiscal year compared to the total corpus of Rs 6,89,210.20 crore in the preceding financial year. This also includes the interest earned on the investments made by the EPFO from the EPS contribution. ....

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