New EPFO data indicates that granting higher EPF pensions would create an additional liability of ₹78,501 crore, challenging the Centre’s earlier claim of a ₹10 lakh crore burden. https://english.mathrubhumi.com/news/india/higher-epf-pension-centres-10-lakh-cr-claim-collapses-epfo-shows-78-500-cr-additional-liability-nw0gn1wu?utm_source=dlvr.it&utm_medium=mastodon #EPFO #EPFPension #SupremeCourt #RetirementBenefits #IndiaEconomy
With EPS 2026 set to take effect on April 1, 2026, the removal of the higher pension option and the formalisation of pro rata calculation have raised fresh concerns among EPF members over possible reduction in retirement benefits. https://english.mathrubhumi.com/news/india/eps-2026-will-removal-of-higher-pension-options-hit-retirees-bkyx8qkl?utm_source=dlvr.it&utm_medium=mastodon #EPS2026 #EPFO #HigherPension #PensionReform #RetirementNews
EPFO will automatically refund over ₹30 crore from inoperative accounts directly to members or legal heirs under a major settlement and digital reform drive. https://english.mathrubhumi.com/news/money/govt-to-refund-funds-from-inoperative-epfo-accounts-yryet8ez?utm_source=dlvr.it&utm_medium=mastodon #EPFO #EPFRefund #EPFUpdate #GovernmentScheme #IndiaNews