The minimum pension of the subscribers of Employees’ Provident Fund Organization can be increased from Rs.1,000 to Rs.9,000.
There is big news for Employees’ Provident Fund Organization (EPFO) employees (PF account holders). Pensioners can get big benefits in pension in the new year 2022. According to media reports, the minimum pension can be increased to 9 thousand, for this the Modi government has also started preparations. However, no official statement has come out from the government.
According to media reports, the minimum pension amount of EPFO PF account holders can be increased soon. The minimum pension of the subscribers of Employees’ Provident Fund Organization can be increased from Rs.1,000 to Rs.9,000. A meeting of the Ministry of Labor is going to be held in February 2022, so it is expected that a decision can be taken soon on the recommendation of the Standing Committee of Parliament, which will benefit the EPS-95 pensioner.
According to media reports, the Central Trade Unions have demanded that the minimum pension of Rs 1000 is too low, it should be increased to Rs 9000. For this, the CBT meeting of EPFO’s Central Board of Trustees was also held on November 20, 2021, but the decision has not been taken so far, so it is expected that now PF account holders of EPFO in the new year. The amount of minimum pension given to ) can be increased up to 9 thousand.
EPFO gave big relief
EPFO has given another big relief to the employees. Now E-nomination of EPF account can be done in the new year 2022 as well. On December 29, 2021, EPFO had told through a tweet that subscribers can do their e-nomination even after December 31, 2021. It is necessary for every EPF subscriber to get their account e-nomination done. Not only this, PF account holders can also do the work of adding nominees online. EPFO gives this facility that PF account holders can add the name of more than one nominee and The account holder can also decide the stake to be received by the nominee.
