Revision of epf pension latest news 2017

15,000 each month is sectioned and contributed towards the Employees' Pension Fund. Earlier EPFO had reduced the charges from [1. The government is set to raise the monthly wage ceiling for mandatory Employees’ Provident Fund (EPF) cover to `21,000 from `15,000 at present, a move that could inflate the government’s annual Employees Pension Scheme (EPS) outflow by 50% to Rs 3,000 crore. com. m under the Chairmanship of Shri R. f Nov 2017. Revision-I EPF circular on pension for full salary 23. Similarly, pension scheme withdrawals under the Employees Pension Scheme (EPS) beyond Rs. My mother expired in Jan 2018. Under the provisions of recently introduced section 139AA of the Income-tax Act, 1961 (the Act), with effect from 01. 21 lakh accounts were pending for updation. 5. Aug 21, 2018 · 24 Aug 2017. 2012, the number of pensioners receiving pension less than Rs. 03. The Supreme Court gave his final judgement in favor of these employees in Oct 2016. is around 12 lakh and those receiving more than Rs. 65 %. Pension. 17. Of Expenditure) OM No. zeebiz. Q. The subscribers of the Employees Provident Fund Organisation (EPFO), will …Retirement fund body EPFO (Employees Provident Fund Organisation) is likely to announce latest interest for the current fiscal in its next meeting to be held in August 2017. Today 28 November 2018 Pf Epf Uan Eps Breaking News Eps Pension News Uan News November 2018 - Today 28 November 2018 Pf Epf Uan Eps Breaking News Eps Pension News Uan News November 2018 Today EPS95 Latest news/eps-95 latest update pension news 2018-2019 | By Technology up Agar aapko ye video pasand aaye to es video ko like or share Latest Central Government Employees News - 7th Pay Commission News, Dearness Allowance, Pension News, DOPT Orders EPF Interest Rate for the Year 2017 Nearly 15 crore people subscribed to employees provident fund scheme will earn interest at …ii) The manual for settlement of pension alongwith the module for calculation in the software has already been circulated from time to time. 1996 and was paid in accordance with the instructions issued for revision of pension/family pension of pre-1996 pensioners/family pensioners in implementation of the recommendations of the 5th Central Pay Commission. MESSAGE FROM SECRATARY. 2016 and Date of Notification issue – NC JCM Staff Side November 7, 2018 DA to EPF Pensioners. Employees Contributions to EPF As per the Audited Consolidated Annual Accounts of Employees’ Provident Fund Organization (EPFO) for the year 2014-15, the closing balance of Funds managed by EPFO is Rs. Govt. Gramin Dak Sevak Pay Revision latest News. Latest 7th Pay Commission. May 20, 2017 · The web Site for sharing views of Pension matters relating to Army, Navy & Air Force veterans, Pay Commission related suggestions, DA and the latest News. Bank Employees DA. In March 1996, the EPS Act was amended to allow members to raise pension contribution to 8. Amount of pension based on average salary during the preceding 12 months from the date of exit and total years of employment. epfo celebrated 66th foundation day on 1st november 2018. EPFO pension Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. 0 a. please do not share your personal …Employees Provident Fund Organisation (EPFO) has informed that the deadline for submitting digital life certificate by its over 50 lakh pensioners has been extended till February 28, 2017. 12. EPF Pension was last revised in the year 2000,after that no revision has taken place. Revised Pension News, Good news from EPF holders - Duration: 7th Pay_Revision of Pension Pre 2016 Retirees_Implementation of 7th CPC in respect of - Duration: 4:27. A. Pension News. EPF Pension was made mandatory to all PSU Employees since 1995. the issue of OM for revised pension as per 7th cpc as early as 21st March 2017 why the individual ministries are have not acted as per the finance ministries The Supreme Court gave his final judgement in favor of these employees in Oct 2016. 10. 2018 No. As per EPFO circular dated 3rd November 2017, the EPFO has stated that for continuance of drawal of pension under Employees Pension Scheme, 1995 the Jeevan Parmaan for the existing pensioners have to be uploaded afresh through the mobile app of "UMANG" from 1st November 2017 in addition to the existing provisions for online uploading. Oct 19, 2018 · EPFO directs offices to pay higher pension to eligible EPS members 12 Jun, 2018, 02. The retirement fund body EPFO may hike minimum pension by 20-25%, said a media report. 2016, may be revised by notionally fixing their pay in the pay matrix recommended by the 7th CPC in the level corresponding to the pay in the pay scale/pay band and grade pay at which they retired/died. She was getting self and family pension but no revision of pension was done. 65 percent from 0. S. 585 dated 21. 67% goes to the provident fund. Bonus for CG Employees. 09. 33 per cent and 1. 2017 by using this concordance table for fixing the notional pay of the pensioner. What is EPS (Employee Pension Scheme 1995)?. 2017 vide which instructions were issued to all field offices to take necessary action in accordance with the order dated 04. As per the statistics available upto 31. After the revision of pension by the EPFO, Mr Praveen Kohli’s started receiving Rs 30,500 as pension instead of Rs 2,372. A Supreme Court judgement that was passed last year allows employees under the Employees’ Provident Fund (EPF) to contribute a higher amount to the Employees’ Pension …CPSE Pay Revision 2017 – Retirement Benefits. An employee contributes 12 per cent of his basic salary to the EPF kitty, while 3. Mar 16, 2018 Pension Scheme (EPS) of the Employees' Provident Fund to assess the Employees Pension Scheme 1995 and consider a revision of the Get all the latest news and updates on Pensioners only on News18. In a written reply in the Rajya Sabha today, Shri Vishnu Deo Sai has said that there is no proposal under consideration for revision of pensionable salary at regular intervals keeping in view the rate of inflation. It is once again requested to provide the status on the above by email at the email id [email protected] urgently. 05 lakh. 2017, several retired employees/ PF subscribers have approached BHEL Exempted PF Trusts/ BHEL Units enquiring about contribution to be made towards their EPS account and the consequent revision in EPS Pension. Will EPFO retain 8. 65% interest on provident fund for 2017-18? Decision likely today. 2017 under which EPF admin charges has been reduced to 0. 03. In June 2017, EPFO circulated an internal circular to their regional Nov 30, 2017 In June 2017, EPFO circulated an internal circular to their regional offices In what appears to be a good sign for Employees' Pension Scheme (EPS) Court order of October 2016 directed the EPFO to revise the pension of EPFO pension Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. In order to comply with the SC orders, in March 2017, the EPFO came out with a circular allowing member of EPS who had contributed on higher wages exceeding Rs 6,500 to divert 8. in total it is the play of the govt shunting their duties (a) to (c): The Government vide Notification No. EPFO pension Blogs, Comments and Archive News on Mar 1, 2018 EPFO,PF,EPF-latest News update in Hindi 2018 EPFO New Rule update Today - 2018 in Hindi | by technology hint Apr 12, 2018 Good News for Pension Holders | EPFO Latest Update on Pension | Latest News | Vtube Stay tuned for all the latest news and updates. . 2017 Tamilnadu Govt has issued G. Srinivas, Kudos for your untiring effort to appraise news and views of CSIR vis-a-vis GOI. Mar 1, 2018 EPFO,PF,EPF-latest News update in Hindi 2018 EPFO New Rule update Today - 2018 in Hindi | by technology hint  EPFO payments hike to pensioners: Rs 2,000 or Rs 5,000 jump www. 3. About VAN NAMBOODIRI V. It is really surprising that EPF pension has not been considered for a hike for long 14 years. The government is set to raise the monthly wage ceiling for mandatory Employees’ Provident Fund (EPF) cover to Rs 21,000 from Rs 15,000 at present, a move that could inflate the government’s Latest Central Government Employees News,Latest 7th Pay Commission News,Latest OROP News,Expected DA for the financial year 2017-2018 by the Govt. I shall be thankful if your have any information about CSIR directive to all its laboratories, for revised pension in accordance with the latest revision promulgated by Govt Of India. Pension Calculator and Pension News Updates. For calculation of arrears becoming due on the revision of pension/ family pension on the basis of this 0. 15,000/- per month. 7th pay commission army latest, army pension 2017, pay rules 2017, pay matrix, defence pay matrix, sainik welfare, latest pension It has been brought to our notice by the pensioners/family pensioners of Statutory/Autonomous Bodies that they have neither been granted revised pension in terms of 7th CPC orders contained in OM dated 04. Employee Pension Scheme Updates & Calculation | EPS Forms | Check Pension Amount August 2018 – To avail the provided benefits under Employee Pension Scheme, Read our given article here on www. The case of EPF stay is listed on 22-11-2018 at Delhi High Court. INFORMALNEWZ brings the Latest News & Top Breaking headlines on Politics and As per Financial Express report, the government is set to raise the monthly wage ceiling for mandatory EPF cover to Rs 21,000 from Rs 15,000 at present, a move that could inflate the government’s annual Employees Pension Scheme (EPS) outflow by 50% to Rs 3,000 crore. It is a These two publications must be used together to determine the latest version of any given rule. R. EPFO for higher pension to members12 Jun 2018, 1402 hrs IST After a long wait, there is some good news for Employees' Pension Scheme (EPS) subscribers. We also provide Calculators for Calculating Your Pension as per 6th CPC and 7th CPC. EPF account interest for FY 2017-18 still not credited: Here's what we know so far 11 Sep, 2018, 12. The pension on fixed rates is provided to the employees retiring under the Provident Fund (PF) scheme. 01. 33% of full salary (basic + DA) irrespective of what the salary is. e. 9 per cent for 2017, The Star newspaper reported, the highest dividend rate in more than two decades. 38/37/2016-P&PW(A) Dated 06/07/2017 (Revision of pension of pre-2016 pensioners / family pensioners in implementation of Governments decision on the recommendations of the 7th Central Pay Commission- Concordance tables- regarding)EPFO issues clarification on lump sum withdrawal of PF/ Pension contributions for Japanese international workers September 5, 2017 In brief In a recent circular,1 the Employees Provident Fund Organisation (EPFO) has clarified that Japanese nationals who have worked in India and departed on a date prior to the date of entry into force (i. EPFO pension Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. Regarding EPFO being the eleventh largest pension fund in the world, no such information is available with EPFO. 7th Pay Commission : Haryana government to revise pension and family pension Saturday, January 20, 2018, 11:55 [IST] There is some good news with respect to the 7th Pay Commission. M. f 01. 500 and less than Rs. , increase in pension to fully neutralize inflation was considered by the Expert Committee constituted by the Government to review EPS, 1995, and the same was found not feasible through a funded scheme like EPS, 1995 wherein the contribution of employer and Government is at a fixed rate of 8. in is the only official website of epfo. 2016 shall be adjusted. As per consolidated Annual Accounts of EPFO for the year 2015-16, the closing balance in Interest Account as on 31st March, 2016 is Rs. 25 percent from the existing rate of 8. Employees Provident Fund: Here are latest rules for 2017 by the EPFO you must know! - Employees Provident Fund: Here are latest rules for 2017 by the EPFO you must know!, Explore latest photo The minimum pension with effect from January 2016 will be Rs 9,000/-per month (excluding the element of additional pension to old pensioners) while the upper ceiling on pension/family pension will be 50% and 30% respectively of the highest pay in the government (the highest pay in the government is Rs 2,50,000 with effect from January 2016). In June 2017, EPFO circulated an internal circular to their regional Nov 30, 2017 In June 2017, EPFO circulated an internal circular to their regional offices In what appears to be a good sign for Employees' Pension Scheme (EPS) Court order of October 2016 directed the EPFO to revise the pension of Nov 27, 2018 Check out for the latest news on employees pension scheme along with employees pension scheme live news at Times of India. Employees Provident Fund Organisation (EPFO) has informed that the deadline for submitting digital life certificate by its over 50 lakh pensioners has been extended till February 28, 2017. 1000/- is around 16. , the arrears of pension and the revised pension/family pension already paid on revision of pension/family pension in accordance with the instructions contained in this Department’s OM No. Download now (Get the news that matters from New Indian Express on WhatsApp. 2016 retirees of Central Government in pursuance of the OM of Department of Pension and Pensioners’ Welfare dated 12. Rajasthan 7th Pay Commission Salary Calculator 2017 An employee contributes 12 per cent of his basic salary to the EPF kitty, while 3. Q. CPSEs are currently allowed 30% of Basic Pay & Dearness Allowance as superannuation benefits, which includes Provident Fund, Gratuity, Pension and Post-superannuation medical benefits; and the same has to be under a ‘defined contribution scheme’ and not under a ‘defined benefit scheme’. Can any body give me the the formula for pension calculation in the light of above circular. COM. 8. (Heyvilambi, Karthigai-4, Thiruvalluvar Aandu 2048) ABSTRACT Official Committee, 2017The pension amount in this case is not a very large number. Revision of Pension under PF Scheme PIB : The pension on fixed rates is provided to the employees retiring under the Provident Fund (PF) scheme. 6,34,174. 33% from the employer's share of Provident Fund contributions of the total salaries that is limited to Rs. 85 percent earlier. 2012, the number of pensioners receiving pension less than Rs. One Rank One Pension: Govt Says No to Annual Revision of Pensionary Benefits The top court has modified its July 2017 order whereby all the officials were made Read Breaking News on pension updated and published at Zee News. Mar 16, 2018 Pension Scheme (EPS) of the Employees' Provident Fund to assess the Employees Pension Scheme 1995 and consider a revision of the Get all the latest news and updates on Pensioners only on News18. Click this link and hit 'Click to Agreements with Banks for easy deposit & withdrawals of EPF Contributions The Employees’ Provident Fund Organisation (EPFO) has tied up/entered into agreement with ten banks to collect EPFO dues and to make payments of Provident Fund (PF) withdrawals, pension and insurance to …Further, index-linking of pension, i. Minimum pension likely to be raised to Rs 1250, the report added. EPF circular on pension for full salary 23. The new EPF It was provided in this O. Sir,We,the retired employees of FOOD corporation of India,are covered under EPF,1995 pension and getting a lower pension ranging from Rs. 14 crore Employees’ Provident Fund (EPF) accounts as on 31. com is for Central Government Employees News, Orders, O. 12. PETALING JAYA - Malaysia's largest pension fund EPF on Saturday (Feb 10) declared a dividend of 6. 12(6)FD/Rules/2017 pt1 dated 06. Barring September and March, the EPFO has revised up the numbers for all months (September-July), with the highest quantum of revision of 15. The pension fund is built up from the employer’s share. Revision of minimum salary limit for withdrawal by EPFO - Earlier the minimum salary for mandatory contribution was INR 6500 per month but this limit has been revised to INR 15000. Regional Provident Fund Commissioner Employees Provident Fund Organization and others (supra) and circular issued by the Employees Provident Fund Organization on 23. These two publications must be used together to determine the latest version of any given rule. 7th CPC Pre-2016 Pension Revision - Concordance Tables issued by DoP&PW Dated 6th July, 2017 Revision of pension of Pre-2016 pensioners / family pensioners in implementation of Government’s decision on the recommendations of the 7th Central Pay Commission-Concordance tables- regarding. 07. COM. 2017 has conveyed its approval to allow members of the Employees’ Pension Scheme, 1995 who had contributed on higher wages exceeding the statutory wage ceiling of Rs. (Employees Provident Fund) Claim Status, Pension Passbook Via Umang App. 25 crore. EPFO: 60 days Productivity Linked Bonus for the year 2017-18. Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 from Rs. to replace the existing-reg Employees Provident Fund Organisation Ministry of Labour & Employment Government Of India Bhavishya 1. 7 per cent recorded for October 2017 to 3. Today 28 November 2018 Pf Epf Uan Eps Breaking News Eps Pension News Uan News November 2018 - Today 28 November 2018 Pf Epf Uan Eps Breaking News Eps Pension News Uan News November 2018 Today EPS95 Latest news/eps-95 latest update pension news 2018-2019 | By Technology up Agar aapko ye video pasand aaye to es video ko like or share epfo latest circular Find the complete information on epfo latest circular. As per the 10th Pay Revision Commission recommendations, the arrears would be disbursed in four instalments from April, 2017 instead of the earlier practice of merging it with Provident Fund. Explore more on Pf. price of essential commodities has increased many folds. 2015. 2016. 01. f. Revision of Pension for Pre-2016 Pensioners on Notional Pay Fixation Method – PCDA Circular 610 November 7, 2018 Pre-16 JCOs/ORs Pensioers – User Manual November 7, 2018 Fixation of Pay on Promotion between 1. Get news, articles, pictures, videos, photos and more of epfo latest circular on post. Out of the employer’s contribution, 8. She completed 80 years of age in June 2017. To determine whether a Code volume has been amended since its revision date (in this case, January 1, 2017), consult the “List of CFR Sections Affected (LSA),” which is issued monthly, and the “Cumulative List of Parts Affected,” which About VAN NAMBOODIRI V. 45,135. The following is an exact excerpt from the fiscal year 2018 proposed budget that addresses the U. EPFO has issued a notification dated 15. Oct 13, 2018 · Check out for the latest news on Employees Pension Scheme along with Employees Pension Scheme live news at Times of India + Thu, Nov 22, 2018 | Updated 07. (c) & (d): The Employees’ Provident Funds and Miscellaneous Provisions (EPF & MP) Act, 1952 and the Schemes framed thereunder do not have any provision for providing medical benefits to the pensioners of Employees’ Pension Scheme (EPS), 1995. 2017, all taxpayers having Aadhaar Number or Enrolment Number are required to link the same with Permanent Account Number (PAN). orders for Revised pension in r/o pre-2016 pensioners/family pensioners have been issued on 12/5/2017 although four months past there is no indication of payment of arrears. 2018 will be paid in cash to the employees, observing the following guidelines: Interest @ 7. 33 percent of salary exceeding Rs 6,500 to the pension fund, and subsequently be eligible for pension on higher salary. 33032-33033 of 2015 as approved by the government and as per the provisions of the EPF & MP Act, 1952 and Schemes Revision of Pension of Pre-2016 Retired Medical Officers No. Latest News on 7th pay commission recomendation and implementation of 7th cpc , Arrear details, dopt orders 2016, orop news and expected da are available here. Your employer also contributes 12% of the salary to your EPF a/c. (a) to (c): The Government vide Notification No. Please reply. Ms. It is known how much time will taken for payment as senor citizens are anxiously waiting. Employees' Pension Scheme and also includes the family pension admissible and payable under the Employees' Family Pension Scheme, 1971 immediately preceding the Even if there is a stabilized share market the 40% amount in the annuity scheme is not enough to get 50% of the last pay drawn as pension, which is the minimum pension as per old A) Pension Revision: We requested the DDG (Estt), DOT for the Pension Revision of BSNL Pensioners by delinking the Pay Revision as the Pension of BSNL Pensioners is also being paid under CCS (CCA) Pension Rules 1972 as Govt. https://www. revision of epf pension latest news 2017 Service and Armed Forces Veterans are invited to share with this site. We are not even able to purchase essential commodities. 70 to 78 The MoSPI further said the number of new National Pension System (NPS) subscribers during September, 2017 to August, 2018 is estimated at 6,89,385 persons. There is no DA or any allowance thus making it a fixed pension. Amendment to the provisions of General Provident Fund (Central Service )Rules 1960- liberalization of provisions for withdrawals from the Fund by the subscribers – regarding. The finance ministry had ratified 8. 33% from the employer's share of Provident Fund contributions of the total salaries that is limited to Rs. 43 lakh jobs were added in May 2018. It is announced for general information that during the year 2017-2018, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7. O. 15,000 each month is sectioned and contributed towards the 2. 2017. 2017 DEC. m. 06. epfindia. F. 85 percent] from 01. [Last Update : 01-Dec-2017] In a recent survey by a leading financial magazine, it came out that almost 60% of the respondents were unaware that private-sector employees covered by the employee Provident Fund (EPF), are also eligible for lifelong pension. The pension accounts will be linked with Aadhaar after submission of digital life …There was a total of 17. Therefore, being based on these changes, and as in October 2015, the decisions made in the meeting has impacted in the following changes in the EPF limits. GDS latest News. 65 per cent on their savings in …Nov 11, 2018 · Find Pf Latest News, Videos & Pictures on Pf and see latest updates, news, information from NDTV. However, the EPFO has implemented this order in Oct 2017 only and paid higher pension to the employees w. T he director,pension ministry in their order dated 12-5-2017 gave direction to release the revised pension to the autonomous bodies just handing over the responsibilities simply. Subject: Aadhaar linking and interoperability of General Provident Fund (GPF), Public Provident Fund (PPF) and Employees’ Provident Fund (EFF) accounts regarding. Revision of EPF Pension July 31, 2014 The Minister of State for Mines, Steel and Labour and Employment, Shri Vishnu Deo Sai has said that the Government has since approved a proposal for increase in wage ceiling for coverage under Employees’ Provident Funds & Miscellaneous Provisions Act, 1952 from Rs. This website is a helpful resource regarding details of Latest Schemes started. 30PM IST EPFO …In fact, the SC in a case filed by a private sector employee had ruled in 2016 that pension of the filing parties under EPF should be revised as per the amendment done in 1996 by EPFO. Those NPS employees who retired from service, in 2015 to 2018, after completing ten years’ service are getting a paltry sum of Rs. Get to know minimum wages of all Indian states. Assuming a work life of 25 years, the pension will be about Rs2,321 a month. (2) Today December eps pensioners latest update in hindi (3) Today December 2,2018 pensioners latest news (4) PF Certificate submit till 31 december 2018 news (5) EPFO will work on online claim not accept offline pf withdraw form (6) Today PF Pension Breaking news 2018Wherever the Pension claims are received three months before the date of superannuation, the Regional Provident Fund Commissioner will deliver the Pension Payment Order on the day of superannuation. Latest DOPT Order. R. GST law emphasizes on voluntary compliance and on accounts based reporting and monitoring system. The web Site for sharing views of Pension matters relating to Army, Navy & Air Force veterans, Pay Commission related suggestions, DA and the latest News. The Employees’ Provident Fund Organization is currently one of the biggest social security organizations in the world by virtue of its Latest Central Government Employees News - 7th Pay Commission News, Dearness Allowance, Pension News, DOPT Orders You are here: Home / 7th Pay Commission News / NCJCM staff side gives it views on allowances to Govt. 08. EPFO pension Blogs, Comments and Archive News on Mar 1, 2018Apr 12, 2018By: Sanjeev Sinha | Updated: November 25, 2017 11:27 AM had ruled in 2016 that pension of the filing parties under EPF should be revised as per the amendment done in 1996 by EPFO. Service and Armed Forces Veterans are invited to share with this site. 1. No. Nov 12, 2018 · 22 Nov 2017. Latest News on 7th pay commission recomendation and implementation of 7th cpc , Arrear details, dopt orders 2016, orop news and expected da are available here. iii) Even prior to the Hon’ble Supreme Court Order dated 04. For rest of the months, the upward revision ranges from 1. 2016 of pre-2016 pensioners/family pensioners shall be determined by multiplying the pension/family pension as had been fixed at the time of implementation of the recommendations of the 6 th CPC, by 2. Oct 08, 2018 · 7th Pay Commission : Haryana government to revise pension and family pension Saturday, January 20, 2018, 11:55 [IST] There is some good news with respect to …Dec 02, 2018 · (1) Today 2 December 2018 latest news of epf pension. 500/- p. 1000 to 3000 only as monthly annuity pension. kindly beware of the fake websites that are flashing wrong information about epfo. The information is still awaited from many Ministries/Departments. Sub: OFFICIAL COMMITTEE, 2017 – Revision of Pension / Family Pension and Retirement Benefits – Arrears on retirement benefits in respect of employees who retired between 1-1-2016 and 30-9-2017 – Payment of Second Instalment – Drawal of – Instructions – Issued. e-mail update click here. iv) IS Division has already clarified that the revision of pension on higher wages can be …EPF Interest Rate for the Year 2017 Nearly 15 crore people subscribed to employees provident fund scheme will earn interest at the rate of 8. As per a Zee Business report, EPFO is scheduled to meet on July 7 where Central Board of Trustees will discuss the issue and take the final decision. It is a national level examination administrated by the IIMs (Indian Institutes of Management) on rotation basis. 02PM IST. Central Government Employee News and Tools: Subsidy to EPF Members for PM Aawas Yojana Subsidy to EPF Members for PM Aawas Yojana whether the Employees Provident Fund Organisation proposes to provide credit linked subsidy to its members for purchase of affordable homes under Pradhan Mantri Aawas Yojana and if so, the details thereofThe government is set to raise the monthly wage ceiling for mandatory Employees’ Provident Fund (EPF) cover to `21,000 from `15,000 at present, a move that could inflate the government’s annual Employees Pension Scheme (EPS) outflow by 50% to Rs 3,000 crore. 1000/- is around 16. EPF Interest Rate for the Year 2017 Nearly 15 crore people subscribed to employees provident fund scheme will earn interest at the rate of 8. ESI and EPF Scheme to be introduced to GDS as recommended by the GDS Committee. 25 percent from the existing rate of 8. 38/37/16-P&PW(A)(iii) Ministry of Personnel, PG & Pensions Department of Pension & Pensioners’ Welfare 3rd Floor, Lok Nayak Bhawan Khan Market, New Delhi Dated, the 11th S … Latest Central Government Employees News - Government Orders from various Departments, namely DOPT Orders, FinmIn Orders, Railway Orders, PCDA Circulars, Dearness Allowance Orders, 7th Pay Commission Pay Matrix, also important messages from Central Government Unions, Confederation, NFIR, NFPE, BSNLEU, AFIR and more Govempnews. Click here to visit our frequently asked questions about HTML5 video. A senior official said over 110 regional offices of the EPFO out of 123 field formations have already been connected with the …Oct 08, 2018 · 7th Pay Commission : Haryana government to revise pension and family pension Saturday, January 20, 2018, 11:55 [IST] There is some good news with respect to …"We are demanding Rs 15,000 minimum monthly pension under the EPS-95(Employees' Pension Scheme) being run by the Employees Provident Fund Organisation," the Committee's said. 2017 to 31. Jun 08, 2018 · The web Site for sharing views of Pension matters relating to Army, Navy & Air Force veterans, Pay Commission related suggestions, DA and the latest News. 1st July, 2017 to 30 th September, 2017. 6 per cent to …Revision of Pension of Autonomous body Pensioners – Finance Ministry Clarification 7th Pay Commission Latest News in your If finance ministry has given directives reg. Retirement fund body EPFO (Employees Provident Fund Organisation) is likely to announce latest interest for the current fiscal in its next meeting to be held in August 2017. The 2017 Revision,” United Nations, Department of Economic and Social Affairs, Population Division, 2017; Social Security Programs Throughout the World: Asia and the Pacific, 2016, U. com/india/news-epfo-payments-hike-to-pensioners-rs-2000-or-rs-5000-jump-here-is-what-experts-said-39426Mar 16, 2018 Pension Scheme (EPS) of the Employees' Provident Fund to assess the Employees Pension Scheme 1995 and consider a revision of the Get all the latest news and updates on Pensioners only on News18. 33 per cent in the EPS or employe's pension scheme. 2016 pension cases on higher wages were being settled as per the scheme provisions by utilizing the existing software. 34 lakh from 2. Check out for the latest news on EPFO pension along with EPFO pension live news at Times of India 2018 and 5,57,633 in December 2017, the latest data by the Employees' Provident Fund Explore EPFO pension profile at Times of India for photos, videos and latest news of EPFO pension. One Rank One Pension: Govt Says No to Annual Revision of Pensionary Benefits The top court has modified its July 2017 order whereby all the officials were made Your browser does not currently recognize any of the video formats available. Unrest among the New Pension Scheme (NPS) employees is rising day by day. Online Facility for Settlement of Claims in EPFO Press Indormation Bureau Government Of India Ministry Of Labour & Employment Dated: 06-04-2017 Online Facility for Settlement of Claims in EPFO Employees’ Provident Fund Organisation (EPFO) has taken various steps to provide various online services like for claims of provident fund, final settlement, withdrawals and pension fund […] Find Latest & Top Breaking local and regional news around Pension, Revision in rediff localnews Implementation of Revision of Pension of Pre- 1. 33 crore. f 1st Jan 2006 as per revised concordance Table – Hon’ble Supreme Court dismissed all appeals filed by Govt. The DOT employee who absorbed in MTNL and opted for pro-rata pension for DOT service while having less than 10 years service & not getting any pension may move for combined pension option in the PR CAT Delhi. DA to EPF Pensioners As per the statistics available upto 31. The Central Government had constituted an Expert Committee for reviewing the Employees Pension Scheme, 1995 entirely including revision of Pension. No. 2017 Implementation of Government’s decision on the recommendations of the 7th Central Pay Commission – Revision of pension of pre-2016 pensioners/family pensioners, etc. The Employees’ Provident Fund Organisation (EPFO), India’s state pension fund, will raise the salary ceiling of its mandatory coverage to ensure more workers get retirement benefits. 18/2017/60: In exercise of powers conferred by the proviso to Article 309 of the Constitution of India, the Governor of Assam is hereby pleased to make the following rules further to amend the Assam Services (Revision of Pay) Rules,2017, hereinafter referred to as the Principal Rules, in the manner hereinafter appearing, namely :- DA to EPF Pensioners By GConnect Team On May 12, 2013 As per the statistics available upto 31. 33% is diverted to the EPS or pension scheme and the balance 3. The Employees Provident Fund Organisation (EPFO) which comes under Ministry of Labour and Employment has issued a circular which states that allowances paid to employees will now have to be added to the basic salary on which provident fund (PF) contributions will be deducted. 67 per cent of his/her basic salary is contributed by the employer in the EPF kitty and 8. 8% (Seven point eight per cent) w. We understand that there is a provision for Atal Pension Yojana (APY) is the guaranteed Pension Scheme of Government of India administered by PFRDA Ministry of Finance Easy to Explain Benefits drive Atal Pension Yojana (APY) backed by Government of India's Guarantee;The Subscri The Employees' Pension Scheme 1995 (EPS) Benefits: Monthly benefits for superannuation/ retirement, disability, survivor, widow (er), children. Regarding Revision of Pension of Autonomous body Pensioners , Finance Ministry has clarified as follows — Central Government does not issue any instructions regarding implementation of recommendations of the Central Pay Commission PERTAINING TO PENSION IN RESPECT OF EMPLOYEES OF AUTONOMOUS BODIES. EPF Subscriber Declaration 2018 View All Latest News & Updates >>> Delegation of Power of MPPKVVCL Indore 2017-18. the revised pension/family pension w. EPF Limits: 2017-18. 35000/= being paid EPF by Employee and Employer on Rs. Employees Provident Fund: Here are latest rules for 2017 by the EPFO you must know! - Employees Provident Fund: Here are latest rules for 2017 by the EPFO you must know!, Explore latest photo Revision of EPF Pension July 31, 2014 The Minister of State for Mines, Steel and Labour and Employment, Shri Vishnu Deo Sai has said that the Government has since approved a proposal for increase in wage ceiling for coverage under Employees’ Provident Funds & Miscellaneous Provisions Act, 1952 from Rs. This pension scheme gives a guaranteed monthly pension after the retirement. DA to EPF Pensioners By GConnect Team On May 12, 2013 As per the statistics available upto 31. Latest Central Government Employees News - Government Orders from various Departments, namely DOPT Orders, FinmIn Orders, Railway Orders, PCDA Circulars, Dearness Allowance Orders, 7th Pay Commission Pay Matrix, also important messages from Central Government Unions, Confederation, NFIR, NFPE, BSNLEU, AFIR and more EPF (Employees’ Provident Fund Scheme 1952) and EPS (Employees’ Pension Scheme 1995) are two different retirement saving schemes under Employees’ Provident Funds and Miscellaneous Provisions Act, 1952, meant for salaried employees. 6. - The Economic TimesEPFO - Get latest news on EPFO. The Employees’ Provident Fund Organisation (EPFO) has sought the transfer of all cases relating to applicability of higher pension under the Employee Pension Scheme (EPS) …There was a total of 17. By: Sanjeev Sinha | Updated: November 25, 2017 11:27 AM had ruled in 2016 that pension of the filing parties under EPF should be revised as per the amendment done in 1996 by EPFO. Deepak k on Latest News on Retirement Age 62 Sunil Ramdas Kavlekar on 7th CPC Pay Fixation on Promotion & MACP Calculator Abc on Disability Pension/ Liberalized Disability Pension : OROP Table Nos. N. Oct 07, 2018 · In view of the above, Record Offices are requested to prefer/forward the claims for revision of pension in respect of Pre-1. 89 lakh in the previous release. SUPERANNUATION BENEFITS. 6,500/- to Rs. 2016 of the Hon’ble Supreme court in SLP No. in to get latest updates on employees pension scheme 1995 form, employee pension scheme login, employee pension scheme withdrawal, epf pension scheme latest news, employee pension scheme The minimum monthly pension of Rs 1,000 under EPS-95 scheme, run by the Employees’ Provident Fund Organisation (EPFO), is set to be notified, which will immediately benefit 28 lakh pensioners who currently get less than this amount. 74 lakh jobs were added in the formal economy during September-May, 2017-18, government data showed. As per the DoPPW order dated 12th may 2017, Pension can be calculated from two formulations for pre 2016 Pensioners. This is in line with EPF’s vision to help members achieve a better future and the mission to safeguard members’ savings and deliver excellent services. Attention is drawn to Head Office Circular dated 23. of India and committee on allowances Seeks to appoint the 1st day of July, 2017, as the date on which all the provisions of Goods and Services Tax (Compensation to States) Act, 2017 (15 of 2017) shall come into force Compensation CESS Circulars Overview of EPS or Employee Pension Scheme. Read Breaking News on EPFO updated and published at Zee News Know passbook information, pension credit date and more through new EPFO Pensioner’s Portal. Details of Latest Schemes launched by Indian govt. Allowances. EPFO may make long-term investment in ETFs Latest News Disbursement of salary and pension to CG employees and pensioners on account of “ONAM” Festival Concordance Table for Defence Pensioners: Table-9 for CPL-III/Y-Pay Scales Details of revision in rules on PF claims over Rs. revision of epf pension latest news 2017Jun 14, 2018 There is some good news for Employees' Pension Scheme (EPS) subscribers EPFO to revise the pension on higher wages of the petitioners under EPS. National Affairs, People in News, Places in News, Defense news, Days and Events, Government Policies and Schemes, Sports, Capitals and Currencies, Appointments and Resignations. Find Employee Pension Latest News, Videos & Pictures on Employee Pension and see latest updates, news, information from NDTV. 38/37/2016-P&PW(A) (ii) dated 04. 33% of the salary) of which is diverted to a pension scheme. Supreme Court ruled in favour of employees' right to raise their contributions to the pension fund without imposing any cut-off date for eligibility. The minimum savings have been adjusted every three years to reflect the rising inflation. Concordance Tables for fixation of notional pay and pension / family pension of employees who retired/died in various Rajasthan 7 th CPC: Revised procedure for Revision of Pension and Payment of Arrear. April 25, 2017 03:00 PM IST You can withdraw 90% EPF to buy home, pay EMI from account. EPF Limits: 2017-18 Therefore, being based on these changes, and as in October 2015, the decisions made in the meeting has impacted in the following changes in the EPF limits . 12 (6) FD/Rules/2017 on 05/12/2017. The Employees Provident Fund (EPF) is Malaysia’s premier retirement savings fund to help its members achieve adequate savings for a comfortable retirement. For revision of pension of pre 2016 pensioners/ family pensioner, there is no necessity for the pension disbursing authority to refer the case to the Hqrs Office for revision of pension. 2. M in the Conference Hall, 4th floor, Shjvaji Stadium The Employees' Provident Fund Organisation and members of the Central Board of Trustees of the PF body are set to attend a meeting today, November 23, where a number of topics will be discussed. 2017 – Regarding. 65 %. Revision of Pension of Pre-2006 Pensioners w. 65 per cent on their savings in …Pension Arrears Calculator as Per New Formulation 1. oneindia. 55 per cent rate of interest on EPF for the last fiscal kindly beware of the fake websites that are flashing wrong information about epfo. Pension-I/12/33/EPS Amendment/96/Vol. 2017 within a period of thirty days from the date of filing of the certified copy of the order and extent the benefit of arrears, if any. Dear Mr. It is expected that the EPFO may lower the interest rate further of 0. Nov 27, 2018 · Get all the latest news and updates on Provident Fund only on News18. GST is based on the principle of value added tax. 340, Dated 20th November 2017. 3. The Government of Rajasthan, Department of Finance issued orders regarding revision of pension of pre- 1. Latest NPS News. 33% of the salary exceeding Rs. 2/3 days before month end & earmarked bank SMS about credit of pension on 1 st of thenext month,if not a holiday. Latest Pension News for Central Government Employees are Updated here. In June 2017, EPFO circulated an internal circular to their regional Nov 30, 2017 In June 2017, EPFO circulated an internal circular to their regional offices In what appears to be a good sign for Employees' Pension Scheme (EPS) Court order of October 2016 directed the EPFO to revise the pension of Nov 27, 2018 Check out for the latest news on employees pension scheme along with employees pension scheme live news at Times of India. 2017 BASIC SALARY 15000/-WHATIS MY PENSION AMOUNT. Revision of Pension / Family Pension and Retirement Benefits - Amendment : Tamil nadu Official Committee, 2017 Recommendation Government of Tamil Nadu 2017 FINANCE [Pay Cell] DEPARTMENT G. (a) to (c): The Government vide Notification No. Myself is Prasad , retired in July 2017 , applied for EPF and EPS pension which is under process with PF Dept. 2016 nor the Dearness Relief, though the Central Government pensioners have already got their revised pension and dearness relief. To try to avert a retirement crisis, the Employees Provident Fund (EPF) has increased the minimum savings of its members at age 55 from RM196,800 to RM228,000. 0 and up version or higher to install this app. 7th CPC Pension Arrears Calculator 2017 Pension Arrears Calculator for Pre-2016 Pensioners as per Notional Basis 7th CPC Pension Arrears Calculator 2017 [Updated July 2017: This calculator has modified as per Concordance Tables. Reply. My dob 30/03/1960 Date of joining in psu 01/04/1979 Family pension member from 01/04/1979 Today 28 November 2018 Pf Epf Uan Eps Breaking News Eps Pension News Uan News November 2018 - Today 28 November 2018 Pf Epf Uan Eps Breaking News Eps Pension News Uan News November 2018 Today EPS95 Latest news/eps-95 latest update pension news 2018-2019 | By Technology up Agar aapko ye video pasand aaye to es video ko like or share The MOL&E vide letter dated 16. Revision Pension Pre 2016. com PF contribution, Company contribution to PF, EPFO latest circular, Basic salary, Pension schemes, Mallya government on interest rate, interest rate revision, EPFO The case of EPF stay is listed on 22-11-2018 at Delhi High Court. 65 per cent on their savings in …Latest Central Government Employees News - 7th Pay Commission News, Dearness Allowance, Pension News, DOPT Orders EPF Interest Rate for the Year 2017 Nearly 15 crore people subscribed to employees provident fund scheme will earn interest at …Revision of pension under the Employees’ Pension Scheme, 1995 is effected on the basis of surplus in actuarial evaluation of the Pension Fund. Stay up to date on all the latest Nation news with The New Indian Express App. TNEB Pension Revision Details 2018 - Revision of Pension Check the TNEB Pension Revision Details 2018: Pension - Revision of Pension - Payment of Interim Relief pending implementation of the recommendation of the official Committee - Orders Issued. 10. 2017 to 31. iii) Even prior to the Hon’ble Supreme Court Order dated 04. all updated messages of 7th pay commission,dopt orders,expected da news,pay matrix table,cghs,pension and central govt employees news. In this present age of inflation ,we are unable to meet the both ends meet. The Pension Arrears calculator is prepared for Central Government pensioners whose Pension Revised as per new formulation is beneficial than existing pension. One Rank One Pension: Govt Says No to Annual Revision of Pensionary Benefits The top court has modified its July 2017 order whereby all the officials were made Mar 8, 2018Jun 14, 2018 There is some good news for Employees' Pension Scheme (EPS) subscribers EPFO to revise the pension on higher wages of the petitioners under EPS. 35000/= Basic salary as contribution to EPF /EPS, Can I apply for getting higher amount of by submitting application with Employer/Employee combined for Changes in pension amount by the Employees Provident Fund Organization - The pension amount now will be calculated as per the average of last 60 months salary rather than that of last 12 Months. m. 1995 BASIC 1850/-DATE OF RETIREMENT 31. W hat EPS (Employees Pension Scheme) does is that it offers a guaranteed monthly pension after the retirement of the members/subscribers on Disablement, Retirement, Pension for nominees as well as Widow Pensions. However, all eyes will be on whether the EPFO will change its decision of not paying pension on full EPS Pension (1995) Dear PF/EPS subscribers, Since issuance of EPFO Circular No. Now the EPF Pensioners are facing lot of hardship as they are not aware of the Rules & Regulations of EPF Pension Scheme. Bharat Pensioners Samaj has published a breaking news in its official website that remaining appeals filed by Govt which were pending before EPF (Employees’ Provident Fund Scheme 1952) and EPS (Employees’ Pension Scheme 1995) are two different retirement saving schemes under Employees’ Provident Funds and Miscellaneous Provisions Act, 1952, meant for salaried employees. gov. 2% DA Cabinet approvedRevision of minimum salary limit for withdrawal by EPFO - Earlier the minimum salary for mandatory contribution was INR 6500 per month but this limit has been revised to INR 15000. 351 (E) dated 12th April, 2017 has inserted a paragraph 68BD in Employees’ Provident Funds (EPF) Scheme, 1952 for withdrawal from the Employees’ Provident Fund (EPF) for purchasing dwelling house or flat or construction of a …As per circular dated 31-5-2017 of EPFO,SIGNED BY MUKESH KUMAR, exempted establishment pensioners are not eligible for enhancement of pension on full salary. Therefore, pension under …Online EPF withdrawal, pension fixation to be a reality by May 2017 EPFO has made it mandatory for all subscribers as well as pensioners to submit their Aadhaar number. The EPFO, which runs social security schemes like EPF, pension and insurance for formal sector workers, has already launched a host of online services like EPF withdrawals. In the present situation, this …Employers contribute 12% of workers' salaries to their EPF accounts, over two-thirds (8. epfoscheme. 03PM IST It's learnt that data is being uploaded and sent to regional offices under the new mechanism, so the delay. It was provided in this O. Revision of Pension of pre 2016 Rly Running Staff retirees-Latest Position (i) Revision of pension in respect of Post-2006 Havildars granted ACP-l who later on promoted to the Rank of Hony Nb Sub :- It is Clarified that pension of Post-2006 Havildars granted ACP-l, who got pensionary benefits of Nb-Sub rank but later on promoted to the rank of Hony. Please also advise the calculation for deposit of amount for getting the revised pension. 7th CPC Pension Revision : DPPW issued Orders on 12. 500 to 1800 pm according to the services from 1971. Regards RAJESH MISHRA IN NOV. A total of 44. 6500/- in the Provident Fund to divert 8. EPFO pension Blogs, Comments and Archive News on By: Sanjeev Sinha | Updated: November 25, 2017 11:27 AM had ruled in 2016 that pension of the filing parties under EPF should be revised as per the amendment done in 1996 by EPFO. The pension accounts will be linked with Aadhaar after submission of digital life …For calculation of arrears becoming due on the revision of pension/ family pension on the basis of this 0. G. 08. 2016 pension cases on higher wages were being settled as per …DA to EPF Pensioners By GConnect Team On May 12, 2013 As per the statistics available upto 31. 351 (E) dated 12th April, 2017 has inserted a paragraph 68BD in Employees’ Provident Funds (EPF) Scheme, 1952 for withdrawal from the Employees’ Provident Fund (EPF) for purchasing dwelling house or flat or construction of a dwelling house. The EPFO members can contribute towards social security schemes like EPF and Employees Pension Scheme 1995, on wages higher than the statutory limit as one's remuneration increases with passage of time. Apr 11, 2017 · The EPFO receives close to 1 crore applications manually for settlement of EPF withdrawals, pension fixation or getting group insurance benefit by the deceased. 6500/- to the Pension Fund with up to date interest as declared under Procedural actions for revision of pension of pre-1. Status of receipt of pension revision cases at the level of PAOs. As of now It's rare that a meeting between the Employees' Provident Fund Organisation (EPFO) and members of its Central Board of Trustees has generated interest as much as it has today. Central Pension Accounting Office (CPAO) has informed that as far as Central Civil Pensioners are concerned, State Bank of India (SBI) Centralised Pension Processing Centre (CPPC), Bhubaneswar has revised pension of all the eligible pensioners under 7th Central Pay Commission. When an employee joins an establishment covered under the Employees Provident Funds & Miscellaneous Provision Act, 1952 (s)he becomes a member of Employees Provident Fund Scheme (EPF), Employees’ Pension Scheme (EPS) 1995, Employees Deposit Linked Insurance Scheme (EDLIS ) , 1976 . Revision of EPF pension latest news 2018: Employee Provident Fund Organization is planning to hike the pension payments of EPF members to 2000 Rs. f. 55% Interest on PF For 2017-18, Lowest in 5 Years. Also find news, photos and videos on EPF, pension in December 2017, the latest data by the As per the latest pay commission report, central government employees would be eligible for full pension on completing 20 years service and in state service it is 25 to 30 years. There is continuous deficit in the actuarial valuation of Employees’ Pension Fund since 2001. The Index increased by 1. 57. 10 lakh Earlier, in a circular dated February 27, EPFO had made it mandatory for PF claimants to submit claims over Rs. The EPFO had announced this rate on deposits for 2016-17, a tad Dec 18, 2015 · The proposal to provide an option to choose between Employees' Provident Fund (EPF) and New Pension System (NPS) for over 5 crore subscribers of the retirement fund body EPFO has been sent to the Revision of EPF Pension July 31, 2014 The Minister of State for Mines, Steel and Labour and Employment, Shri Vishnu Deo Sai has said that the Government has since approved a proposal for increase in wage ceiling for coverage under Employees’ Provident Funds & Miscellaneous Provisions Act, 1952 from Rs. 4) GDS employees should be granted financial up gradation on completion of 12, 24 and 36 years of service in the form of grant of additional increments. 17. Latest OROP. and Employees Provident Fund Organisation (EPFO). Online Facility for Settlement of Claims in EPFO Press Indormation Bureau Government Of India Ministry Of Labour & Employment Dated: 06-04-2017 Online Facility for Settlement of Claims in EPFO Employees’ Provident Fund Organisation (EPFO) has taken various steps to provide various online services like for claims of provident fund, final settlement, withdrawals and pension fund […]Nov 27, 2018 · Find Provident Fund Latest News, Videos & Pictures on Provident Fund and see latest updates, news, information from NDTV. Read all news including political news, current affairs and news headlines online on Provident Fund today. M. A meeting was held under the chairmanship of Joint Secretary, DBT Mission, Cabinet Secretariat on 25th August, 2017 at 11:00 A. II dated 23. An Employees’ Enrolment Campaign has been launched by Employees’ Provident Fund Organisation during the period 01. K. 1. 2016 Pensioners/Family Pensioners in pursuance to DP&PW OM 38/37/2016-P&PW (A) dated 12th May 2017 and Ministry Of Finance (Deptt. FY 2017 Budget Estimates; FY 2016 Budget Estimates; Trump Unveils Fiscal 2018 Budget: Live Updates and Analysis Dow Jones, a News Corp company News Corp is a network of leading companies in the worlds of diversified media, news, education, and Post . Latest Updates : Withdrawal of Incentive boycott struggle_Our letter to MD (22-10-2018) Pay Revision, Promotion, EPF - Our Letter to Chairman: THE CRUEL FACES The Employees’ Provident Fund Organization administers three schemes, namely, the Employees' Provident Fund Scheme 1952, Employees' Deposit Linked Insurance Scheme, 1976 and Employees' Pension Scheme, 1995. 2016 State pensioners/ family pensioner and details as follows. Expected DA. FPC. The subscribers of the Employees Provident Fund Organisation (EPFO), …July 25, 2018 08:20 PM IST EPFO data shows 7. Ganesan Ex Secretary Dept of Posts India at Conference Hall of Inspection Quarters of Dadar Head Office 5th Floor Dadar Mumbai 400014 The government is set to raise the monthly wage ceiling for mandatory Employees’ Provident Fund (EPF) cover to `21,000 from `15,000 at present, a move that could inflate the government’s annual Employees Pension Scheme (EPS) outflow by 50% to Rs 3,000 crore. Govt Notifies 8. Explore more on Employee Pension. Pensioners of EIC/EIA are governed by the Export Inspection Council Pension and General Provident Rules, 1981 which clearly states that the benefit of the Central Civil Services (Pension) Rules 1972 as amended from time to time be extended to the employees of EIC and EIAs. 2016. 16 per cent. F. Order No. com 23 lakh persons will benefit from this latest 7th Pay Commission news Revision of Pension of Pre-2016 pensioner as per 7 7th CPC Constant Attendant Allowance – Railway Boa Dearness Relief from Jul-2016, Jan-2017 and Jul-20 7th Pay Commission – Latest Position Regarding Min Rly BD RBA/163/2017 Revision of Pension of Pre-201 Five latest developments that 5 crore EPF account how much epf pension i will get after 58 year. Nov 30, 2017 Following the SC order, it is expected that more employees will approach EPFO to retrospectively enhance their contribution to get a hike innbspNever miss an important news, articles, videos and blogs on EPFO Read all the EPFO EPFO prepares to accept more requests for pension hike EPFO hasnbsp EPFO prepares to accept more requests for pension hike 2019 2018 B) Even today, ALL pensioners are not receiving the Particulars of Basic Pension, DR,Total,Any deduction like Group mediclaim premium . Nambodiri is the founder General Secretary and later President and Patron of BSNL Employees Union, the recognised union in BSNL, the government owned Telecom Public sector Company. Withdrawal of New Pension Scheme - “Gherao of Parliament House” on 26th November, 2018: Instructions under Conduct Rules by DoP&T: National Movement for Old Pension Scheme (NMOPS) has decided to observe “Gherao of Parliament House” on 26th November, 2018 in order to demand withdrawal of New Pension Scheme (NPS). 2016 in respect of all Central civil pensioners/family pensioners, including CAPF’s, who retired/died prior to 01. The EPF pension or EPS is a pension scheme for the employees of organized sector. 10 lakh online only. 7th pay commission pension revision latest news today. 65 per cent on their savings in …Oct 08, 2018 · Pension News - Get List of Updates on Pension news, Pension breaking news and Pension current news on www. General Provident Fund (Tamilnadu) – Revision in Rate of interest for Tamilnadu State Govt Employees GPF for the period 01. This rate will …The pensioner’s portal is recently launched service, available at EPFO website by which all EPFO pensioners may get the details of pension related information like Pension payment order number, Pensioner’s Payment Order details, Pensioner’s passbook information & other related information such as date of credit of pension, submission of pensioner’s life certificate etc. To determine whether a Code volume has been amended since its revision date (in this case, January 1, 2017), consult the “List of CFR Sections Affected (LSA),” which is issued monthly, and the “Cumulative List of Parts Affected,” which 4 Steps to Withdraw EPF Online For Final Settlement, Partial Withrawal And Pension Withdrawl Claims Nowadays, provisions for most of the financial transactions have been made online which means that now EPF members don't need to visit their employer or the EPFO staff and a claim can be settled within a few hours. for the revision of Rate of Interest. At present EPF members are getting a minimum monthly pension amount of 1000 Rs. that the revised pension/family pension w. Government of Rajasthan, Finance Department,(Rules Division) issued Memorandum vide No. The government is set to raise the monthly wage ceiling for mandatory Employees’ Provident Fund (EPF) cover to Rs 21,000 from Rs 15,000 at present, a move that could inflate the government’s Aadhaar linking and interoperability of GPF, PPF, EPF reg Employees’ Provident Fund Organisation (Ministry of Labour, Govt. The modified formulation of pension revision approved by the Cabinet will entail an additional benefit to the pensioners and an additional expenditure of approximately Rs 5031 crore for 2016-17 over and above the expenditure already incurred in revision of pension as per the second formulation based on fitment factor. e. Procedural actions for revision of pension of pre-1. Please also advise the calculation for deposit of amount for getting the revised pension. GST is a destination based tax and levied at a single point at the time of consumption of goods or services by the ultimate consumer. Further, index-linking of pension, i. The minimum pension with effect from January 2016 will be Rs 9,000/-per month (excluding the element of additional pension to old pensioners) while the upper ceiling on pension/family pension will be 50% and 30% respectively of the highest pay in the government (the highest pay in the government is Rs 2,50,000 with effect from January 2016). 1(13)/EV/2017 dated 23rd May, 2017. 10 percent to 0. my basic salary is Rs. Feb 6, 2018 committee to revamp the Employees' Pension Scheme (EPS) 1995 submitted an application to his former employer for pension revision in Jun 14, 2018 There is some good news for Employees' Pension Scheme (EPS) subscribers EPFO to revise the pension on higher wages of the petitioners under EPS. EPF pension Employees Provident Fund & Employees’ Pension Scheme: Every month 12% of your “salary” is contributed towards EPF account. This is a clarification issued. Such erring Divisions must be told & exhorted to ensure this salutary practice is implemented. jagran. also latest updates on various rules, DoPT Orders, Finance Ministry Orders, MoD Orders, 7th Pay Commission News, Pay Matrix, Promotion, LTC, Allowances for Central Government Employees, Autonomous Bodies, Pensioners, Railway Employees, Defence Personnel Latest Central Government Employees News,Latest 7th Pay Commission News,Latest OROP News,Expected DA whether the Ministry has implemented the decision to increase the minimum Employees Provident Fund (EPF) Pensions? General Provident Fund (GPF) Withdrawals Rules Orders Issued On 7. EPF circular on pension for full salary 23. EPF Head of Corporate Affairs Department Nurini Kassim said, “The EPF Basic Savings quantum is revised periodically according to the minimum pension for public sector employees, or every three years, whichever is earlier, with the last revision having taken effect in 2014. 2017, in order to extend social security benefits to all the eligible workers in the country. Subscribe here to get all the Government Orders, 7th Pay Commission Latest News in your email. 2018 regarding Revision of pension of pre-01. 2016 pensioners/family pensioners in accordance with the instructions given in this office Circular No. Through Web Circulation Only Employees’ Provident Fund Organisation (Ministry of Labour & Employment, Govt. Explore more on Provident Fund. DDG (Estt) mentioned that the BSNL Pensioners Pension is being paid as per the CCS (CCA) Pension Rules 1972 but CTC To Take Home Salary Calculator India PF,EPF,HRA 2016-2017,2017-2018 Take home salary calculator helps you calculate the tax deductions and final salary what you receive after all deductions. Sharma says: December 4, 2017 at 5:12 pm. 2017 state pensioners/family pensioners vide memorandum no. 5 lakh were also mandated to be made online only. 05 lakh. but the rest of the powers with the mhrd are still lying with the ministry of m h r d and delaying very much. Retirement fund body EPFO on Wednesday inked pacts with five banks for collections of All you need to know about the modified pension revision formula- First option 7th Pay Commission: New pay rules 2017 for Air Force personnel- Full Text. DA to EPF Pensioners As per the statistics available upto 31. NEXT MEETING INDIA POSTS’ RETIRED OFFICERS’ASSOCIATION, Respected Sir/Ma'am, The next meeting of India Posts' Retired Officers' Association will be held on Saturday the 20th October 2018 at 11. As of now The Lok Sabha today saw a demand for fixing the minimum amount under Employees Pension Scheme at Rs 3,000 and the government was urged to revamp the programme in tune with the present situation. S