EPFO mulling new pension scheme for formal workers getting over Rs 15,000 basic wage - Shahpur Turk CSC - Common Service Centre in Sonipat EPFO mulling new pension scheme for formal workers getting over Rs 15,000 basic wage

20 February 2022

EPFO mulling new pension scheme for formal workers getting over Rs 15,000 basic wage

Retirement fund body EPFO is mulling a new pension product for organised sector workers who are getting basic wages of more than Rs 15,000 per month and are not mandatorily covered under its Employees' Pension Scheme 1995 (EPS-95). At present, all those employees in the organised sector whose basic wage (basic pay plus dearness allowance) is up to Rs 15,000 per month at the time of joining service are mandatorily covered under EPS-95.

from IndiaTV Business: Google News Feed https://ift.tt/ZCpP6lc
via IFTTT

No comments:

Post a Comment

ONGC, Oil India in talks for 50% stake in $3.4 billion Kenya oilfield, Chinese firm enters fray

India's flagship overseas oil firm ONGC Videsh has got a new partner in Oil India Ltd to replace a reluctant IndianOil (IOC) for the pot...

ShahpurTurkCSC