The Employees' Provident Fund Organisation has added around 1.39 crore net members with an increase of 13.22 per cent in 2022-23, compared to the previous financial year's 1.22 crore net members addition.
CPI Rajya Sabha MP Binoy Viswam has written a letter to Union Labour and Employment Minister Bhupendra Yadav seeking a thorough, transparent and agreeable plan in determining pensions for those who take the option to submit joint options with employers to claim higher pensions as per Supreme
The Central Board of Employees' Provident Fund Organisation (EPFO) has recommended an 8.15 per cent interest rate to be credited on provident funds for the financial year 2022-23.
The provisional payroll data of the Employees' Provident Fund Organisation (EPFO) showed a total of 14.86 lakh net members were added in the month of January 2023.
Dr. John Brittas in a Letter to Union Minister said that there are 75,33,166 pensioners under EPS as of date and 6,79,78,581 contributing members during the last year.
CPI (M) MP John Brittas wrote a letter to Union Minister for Labour and Employment Bhupendra Yadav against the circular which was issued on January 25, and requested the minister to intervene into this matter and demanded immediate withdrawal of the circular.
Citing Employees' Provident Fund Organisation data, Union Minister for Railways, Communications, Electronics and Information Technology Ashwini Vaishnaw has said an average of 15-16 lakh formal sector jobs are being generated every month in India.
The Employees Provident Fund Organisation (EPFO) provisional payroll data released on Sunday showed that the EPFO has added 16.82 lakh net subscribers in the month of September 2022, which is an increase of 9.14 per cent in net membership as compared to the corresponding month during last ye