Discussion with regard to option calling for higher pension for EPF account holders:

Discussion with regard to option calling for higher pension for EPF account holders:

Today Team AIGETOA discussed with Sr GM (CA) and earlier with PGM Estt and requested for issuance of letter for calling of options for higher pension from EPF account holders of BSNL. We explained the need for keeping everything ready as window given by EPFO shall be very small and that should not be missed under any circumstances.

Management agreed with our view and shall start the process expeditiously.

EPFO to credit 8.5 % interest on provident fund for 2019-2020 by December

The EPFO has decided to uphold its decision to provide the said rate of interest during a virtual CBT meeting held in September. Employees’ Provident Fund Organisation (EPFO) is expected to credit 8.5 per cent rate of interest in the employees’ provident fund (EPF) of about six crore subscribers for 2019-2020. This is to be done in one go by the end of this year.

Click here for letter