EPF pension benefits: Eligibility, amount of pension and other details

EPF pension benefits: Eligibility, amount of pension and other details

Employees’ pension scheme (EPS) was introduced on Nov 16, 1995, replacing the Employees’ Family Pension Scheme, 1971. This is a social security scheme offered by the Employees’ Provident Fund Organisation (EPFO). The new scheme (EPS, 1995) has a provision to give pension to EPF subscribers as well as to the family members and nominees of …

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Good news for first-time job seekers! EPFO Feb payroll numbers show more jobs for youth in this age group – Money News

Good news for first-time job seekers! EPFO Feb payroll numbers show more jobs for youth in this age group – Money News

In a positive sign for the country’s formal jobs market, EPFO’s provisional payroll data for February 2024 showed that over 56% of the overall new members enrolled were first-time job seekers in the age group of 18-25, official data released on Saturday showed. EPFO adds 15.48 lakh net members in Feb Overall, the Employee Provident …

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