EPFO issued ALERT: If you are a PF account holder then this news is for you. Let us tell you that EPFO has given necessary information for 6.5 crore people. It has also been said that ignoring can be a heavy burden on you.
If you are also a salary employee then this is important news for you. EPFO has alerted 6.5 crore people and given some important information under PF Account. EPF manages the money deducted by the salaried employee. In view of this, it has alerted its members about cyber crime.
EPFO has said that many cases of fraud in the name of PF account have come to light. Fraudsters are asking for personal information of people through phone calls and messages in the name of EPFO (EPFO News) and are making them victims of fraud. In such a situation, EPFO has advised to be alert.
How much amount is deposited under PF account-
EPFO deposits the Retirement Fund for the retirement of employees. Under this, money is deposited by both the company and the employees. Under the EPF account, 12 percent amount is deducted from the basic salary of the employees and the same amount is deducted by the company. An interest of 8.1 percent is given annually on this amount deposited every month. When the retirement age is reached, the amount is paid to the employees.
Be alert on such messages and calls-
If you also get a message or call from EPFO, then be alert, because it can also be for the purpose of fraud. EPFO gave information on tweet that do not give information about Aadhaar card, PAN number, UAN and password. Does not even ask for account number, OTP and personal information. Apart from this, also does not ask to share such things through WhatsApp and other social media. Told not to reply to such messages.
EPFO had reduced the interest-
The Employees’ Provident Fund Organization had reduced the interest given to the employees under the PF account from 8.5 per cent to 8.1 per cent. This is the lowest level in 40 years. The lowest interest was 8 per cent during 1977 to 78.