EPFO trustees okay raising age limit under pension scheme to 60

Home/India News/EPFO trustees okay raising age limit under pension scheme to 60

EPFO trustees okay raising age limit under pension scheme to 60

EPFO trustees okay raising age limit under pension scheme to 60

6Provident Fund-Status

The retirement fund body EPFO ​​trustees decided on Wednesday that the pension age to 60 years has been increased from 58 years. This means that members of the now 60-year-old EPFO ​​can opt pension. Delhi East Corporation will Krmachari five thousand permanent
By the age of just 58 members of EPFO ​​contribution pension scheme can claim for the pension. After two years of the new amendment to the people every year than four per cent pension contribution will.

On Wednesday, the Central Board of Trustees (CBT) was taken at the meeting. CBT, EPFO’s decision is the biggest organization. Labour ministers are the key. CBT for 3 years from the State Bank in April 2015 decided to appoint the new fund manager. EPFO tell you that nearly 6.5 lakh crore to Rs 5 crore fund employees.

5epfo--621x414

No change in retirement age
Retirement age of central government employees will remain 60 years. There is no proposal to increase or decrease it. Prime Minister’s Office (PMO), the Minister Jitendra Singh said in the Lok Sabha. Meanwhile, home Minister Rajnath Singh made it clear to the House that the government has made no holds on the new job.

Summary
Review Date
Reviewed Item
EPFO trustees okay raising age limit under pension scheme to 60
Author Rating
41star1star1star1stargray
By | 2016-06-28T06:54:24+00:00 March 12th, 2015|India News|0 Comments

About the Author:

Leave A Comment

}