RARE PHOTOS: 2 - The Real Truth

How to Do EPF Withdrawal Online: 5 Steps That Stop Your EPFO Claim From Being Rejected

Step 1: Activate and verify your UAN before anything elseYour Universal Account Number is the single point of failure most people ignore. EPFO's online withdrawal system will not process a claim if the UAN is not activated on the member portal, or if the mobile number linked to it belongs…

Times Life · Sep 5

EPF vs NPS: Rs 10,000/monthly investment in each; where you may get a higher retirement corpus?

The National Pension System (NPS) and the Employee Provident Fund (EPF) both serve unique purposes for retirement planning. The ultimate financial growth from these investments significantly relies on future market performance, allowing both options to potentially build substantial wealth over time.

The Economic Times · Sep 3

EPFO services you can still avail on its portal: Tracking application status, filing death claim, UAN allotment and more

The Employees' Provident Fund Organisation has revamped its services for members, allowing UAN activation solely through the UMANG app, utilizing advanced face authentication. While members can track pension applications and file death claims via the EPFO portal, UAN allotment and retrieval services continue to be accessible on the EPFO website.

The Economic Times · Sep 2

EPFO withdrawal rules: Minister reveals how much EPF amount can subscribers withdraw during medical emergency, unemployment, house repair

The Employees' Provident Fund Organisation (EPFO) has made it easier for members to access their savings by modifying withdrawal regulations. Now, individuals can withdraw up to seventy-five percent of their accumulated balance twice a year. In cases of unemployment, members can access seventy-five percent of their provident fund immediately.

The Economic Times · Aug 11

Can you build a ₹5 crore retirement corpus on a ₹15 lakh salary with EPF alone?

Can EPF contributions secure a comfortable retirement for those with higher salaries. With an annual income of ₹15 lakh, one can potentially accumulate a significant retirement fund corpus. However, rising inflation and healthcare expenses highlight the urgent need for a diversified investment strategy to ensure a financially stable future.

The Economic Times · Aug 11

EPFO claim delays, expert & IT staff shortage flagged by officers’ body; seeks govt intervention

EPFO officers have raised concerns over the backlog of auto claims that have been pending for over twenty days. The newly introduced IT system, CITES, has encountered significant implementation delays. Since 2008, staffing levels have remained stagnant, adversely affecting service quality. Officers are calling for reforms in both the Employees…

The Economic Times · Aug 6

Higher EPS pension: Will existing pensioners get a higher pension due to the increase in the minimum EPF wage ceiling from ₹15k to ₹25k?

A potential EPF wage ceiling increase to ₹25,000 is generating significant employee interest. Read on to know if existing pensioners will receive higher monthly pension amounts.

The Economic Times · Aug 6

67% higher EPS pension? How Rs 25,000 EPF wage ceiling could increase your monthly payout

EPF wage ceiling: The Employees Provident Fund wage ceiling may increase to Rs 25,000. This change will bring more employees under the EPF and EPS schemes. Employees' in-hand salaries might decrease while their retirement corpus grows. The Employees Pension Scheme pension will likely increase significantly for eligible members. This revision…

The Economic Times · Aug 4

New EPF wage ceiling of Rs 25,000? Who will benefit and what it means for EPF subscribers; here’s what the report says

The Expenditure Department has granted approval to increase the EPF wage ceiling to Rs 25,000, aiming to expand mandatory provident fund and pension plans to more employees.

The Economic Times · Aug 4

EPFO e-Office app services to remain unavailable on this date due to system upgrade

Attention users: The Employees Provident Fund Organisation e-Office application will not be accessible on August 5 for essential system upgrades initiated by the NIC e-Office team. This means certain functionalities will experience constraints. Additionally, EPFO services through the UMANG app will also face downtime due to system migrations. Expect mild…

The Economic Times · Aug 4