EPFO Productivity Linked Bonus for the year 2019 – 2020   Employees’ Provident Fund Organisation (Ministry of Labour & Employment, Govt. Of India) Head Office Bhavishya Nidhi Bhawan , 14- Bhikaiji Cama Place, New Delhi – 110066 No: WSU/25(1) /2018-19/ PLB/1035 Date: 07.10.2020 TIME BOUND To All Addi. Central P.F. Commissioners (Zone) Zonal Offices. Sub: Forwarding of details required for assessment and timely declaration of Productivity Linked Bonus for the year 2019-20. Sir/Madam , Please refer to the above said subject. The work relating to the assessment of Productivity Linked Bonus for the year 2019-20 has been taken up. The Productive Linked Bonus (PLB) for the employees of EPFO is assessed on the basis of the productivity achieved and manpower used in respect of field offices separately. For Head Office (including PDUNASS), it is worked out based on average of All India Productivity and Manpower. Information relating to param...

  Identified benchmark disabilities for  posts suitable for Persons with Disability in Group ‘A’, Group ‘B’ and Group ‘C’ cadres of EPFO   Through web circulation Employees’ Provident Fund Organisation (Ministry of Labour & Employment, Govt. Of India) Head Office Bhavishya Nidhi Bhawan , 14- Bhikaiji Cama Place, New Delhi – 110066 No.HRD/32/2019 /423 Dated:  29.09.2020 To, All Addl. CPFC (Zones) including ACC (ASD) (HQ), All Regional PF Commissioners, In-charge of the Region, Director (PDNASS) Sub: Identified benchmark disabilities for  posts suitable for Persons with Disability in Group ‘A’, Group ‘B’ and Group ‘C’ cadres of EPFO – regarding. Sir, In supersession to the earlier instructions, the posts suitable for persons with disability in Group ‘A’, Group ‘B’ and Group ‘C’ cadres of EPFO have been identified as per DoP&T OM No.36035/02/2017- Estt(Res) dated 15th January, 2018 read with DoPT OM No.3...

Ministry of Labour & Employment Central Board of Trustees, EPF recommends crediting of 8.65% rate of interest on Accumulations in the EPF Member’s Account for the year 2018-19 21 FEB 2019 The 224th meeting of the Central Board of Trustees, EPF was held here today under the chairmanship of Union Minister of State for Labour and Employment (I/C) Shri Santosh Kumar Gangwar. The Central Board recommended crediting of 8.65 % rate of interest on the EPF accumulations in the EPF member’s account for the year 2018-19. The Central Board ratified the amendment in EPF Scheme 1952, as approved in the 141st meeting of Financial Investment and Audit Committee (FIAC) held on February 12, 2019, to enable accounting of Investment in Exchange Traded Funds (ETFs) (Equity & Related Investment). The Central Board ratified the approval of Chairman, CBT, EPF for continuation of C-DAC as a consultant to carry out the second phase of Computerisation Project. The Board gave extension to M/s Sta...

PIB: 7th Pay Commission recommendations were implemented & NPS has been liberalized said by Shri Goyal Press Information Bureau Government of India Ministry of Finance 01-February-2019 Highest Ever Growth Of 42% Recorded in Minimum Wages of Labours during last 5 years During the last 5 years, the minimum wages of labours of all classes have been increased by 42% which is the highest increase so far. While presenting the Interim Budget 2019-20 in Parliament today, the Union Minister for Finance, Corporate Affairs, Railways and Coal, Shri Piyush Goyal said that the high growth and formalistation of the economy has led to the expansion of employment opportunities as shown in EPFO membership, which has increased by nearly 2 crore in 2 years reflecting formalisation of the economy and job creations. Shri Goyal said that the 7th Pay Commission recommendations were implemented and New Pension Scheme (NPS) has been liberalized. The Government’s contribution in NPS had been inc...

Ministry of Labour & Employment Scheme to partially reimburse employers for Maternity Benefits 02 JAN 2019 Government is working on an Incentive Scheme wherein seven weeks wages shall be reimbursed to employers who employ women workers and provide the maternity benefit of 26 weeks paid leave, as provided for in the Maternity Benefit (Amendment) Act, 2017. To enable an entity to avail of the incentive, the women employees working in their entity should be a wage earner of less than Rs.15,000/- per month and a member of Employees’ Provident Fund Organization (EPFO) for at least one year and not covered by Employees’ State Insurance Corporation (ESIC). A meeting of Stakeholders’ Consultation with representatives of concerned Central Ministries, State Governments, Employers’, Employees’ etc. was held on 14.11.2018 to discuss the matter. The Scheme was supported by and large with the majority of stakeholders. The scheme is proposed to be administered after obtaining the appro...

Payroll Reporting in India: An Employment Perspective – Coverage and Sources of data Coverage and Sources of data 1.  The Employees Provident Fund Scheme (EPF)  is a mandatory savings scheme under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. It is managed under the aegis of Employees’ Provident Fund Organization (EPFO). It covers every establishment in which 20 or more persons are employed (and certain other establishments which may be notified by the Central Government even if they employ less than 20 persons each), subject to certain conditions and exemptions as provided for in the Act. The pay ceiling is Rs.15000/- per month. Persons drawing pay above Rs. 15,000 are exempted or can be enrolled with some permission or on voluntary basis. The number of members subscribing to this scheme gives an idea of the level of employment in the formal sector. The data on subscribers-new members, exited members and those subscribers that re-started their su...

EPF – Non-refundable advance to a member in case of continuous unemployment for a period of not less than one month: Notification The Gazette of India EXTRAORDINARY PART II-Section 3-Sub-section (i) PUBLISHED BY AUTHORITY No. 872] NEW DELHI, FRIDAY, DECEMBER 7, 2018/AGRAHAYANA 16, 1940 MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 6th December, 2018 G.S.R. 1182(E).- In exercise of the powers conferred by section 5 read with sub-section (1) of section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme, further to amend the Employees’ Provident Funds Scheme, 1952, namely:- 1. (1) This Scheme may be called the Employees Provident Funds (Amendment) Scheme, 2018. (2) It shall come into force from the date of its publication in the Official Gazette. 2. In the Employees’ Provident Funds Scheme, 1952, after paragraph 68H, the following shall be inserted, namely:- “68H...

Ministry of Labour & Employment Many Key Decision taken in 222nd Meeting of the Central Board of Trustees, EPF 27 JUN 2018 The 222nd meeting of the Central Board of Trustees, EPF was held yesterday under the chairmanship of Union Minister of State for Labour & Employment (Independent Charge) Shri Santosh Kumar Gangwar at New Delhi. The Central Board approved the proposal for insertion of Paragraph 68HH in EPF Scheme, 1952 provisioning Advance from the fund to a member who ceases to be in employment for a continuous period not less than one month. Under this proposal a member can avail 75% of the total fund (including employee as well as employer share) standing to the member’s credit with interest thereon. The Board took note of the Investment of Rs 47,431.24 crore in Exchange Traded Funds (SBI MF, UTI MF, CPSE, Bharat 22) and notional return on ETF investments which stood at 16.07% for the period from August 2015 to 31st May 2018. The Central Board approved the prop...

EPFO EMPLOYEES’ PROVIDENT FUND ORGANISATION (Ministry of Labour & Employment, Govt. of India) Head Office Bhavishya Nidhi Bhawan, 14, Bhikaiji Came Place, New Delhi – 110 066 No: ACC/HQ/Pension/Distribution of work/3896 Dated: 08 JUN 2018 To All Regional Provident Fund Commissioners In charge of Region Sub: DELAY IN IMPLEMENTATION OF HON’BLE SUPREME COURT ORDER ON PAYMENT OF PENSION ON HIGHER WAGES – REGARDING. Sir, Attention is drawn to Head Office Circular dated 23.03.2017 vide which instructions were issued to all field offices to take necessary action in accordance with the order dated 04.10.2016 of the Hon‘ble Supreme Court in SLP No.33032-33033 of 2015 as approved by the government and as per the provisions of the EPF & MP Act, 1952 and Schemes framed thereunder. [post_ads] 2. However on review of the information received from field offices it is noticed that following offices as mentioned below have reported for compliance on revised pension on higher wa...

EPFO says no data leakage from their data centre Ministry of Labour & Employment EPFO says no data leakage from their data centre 02 MAY 2018 EPFO has taken advance action by closing the server and host service through Common Service Centres pending vulnerability checks as part of the data security and protection. EPFO has been taking all necessary precautions and measures to ensure that no data leakage takes place. With regard to the news item being circulated in the social media platform that there has been vulnerabilities in the EPFO data, based on which a letter has been written to the Chief Executive Officer, Common Service Centre (CSC) to plug such vulnerabilities. In this regard, it is informed that warnings regarding vulnerabilities in data or software is a routine administrative process based on which the services which were rendered through Common Service Centres have been discontinued w.e.f. 22nd March 2018. The news is relating to the services through common s...

Ministry of Labour & Employment EPFO Introduces 'View Pension Passbook' Service for the pensioners through Umang App EPFO-Pension Passbook-UMANG 03 MAY 2018 Employees Provident Fund Organisation (EPFO), which is providing a host of e-services for its stakeholders, has now introduced a new service through 'UMANG app'. On clicking 'View Passbook' option, it requires PPO Number and Date of Birth information to be entered by the pensioner. After successful validation of the information fed, an OTP will be sent to the registered mobile number of the pensioner. On entering OTP, 'Pensioner Passbook' will display the details of the pensioner like Name, DOB along with last pension credited information. The facility to download the financial year wise complete pass book details is also available. Other e-services of EPFO already available through UMANG aap includes Employee Centric services (View EPF Passbook, Raise claim, Track Claim), Employer Centric Servic...

Ministry of Labour & Employment EPFO SAYS NO DATA LEAKAGE FROM THEIR DATA CENTRE 02 MAY 2018 EPFO has taken advance action by closing the server and host service through Common Service Centres pending vulnerability checks as part of the data security and protection. EPFO has been taking all necessary precautions and measures to ensure that no data leakage takes place. With regard to the news item being circulated in the social media platform that there has been vulnerabilities in the EPFO data, based on which a letter has been written to the Chief Executive Officer, Common Service Centre (CSC) to plug such vulnerabilities. In this regard, it is informed that warnings regarding vulnerabilities in data or software is a routine administrative process based on which the services which were rendered through Common Service Centres have been discontinued w.e.f. 22nd March 2018. The news is relating to the services through common service centres and not about EPFO Software or data centre. ...

Ministry of Labour & Employment EPFO Introduces ‘View Pension Passbook’ Service for the pensioners through Umang App 03 MAY 2018 Employees Provident Fund Organisation (EPFO), which is providing a host of e-services for its stakeholders, has now introduced a new service through ‘UMANG app‘. On clicking ‘View Passbook‘ option, it requires PPO Number and Date of Birth information to be entered by the pensioner. After successful validation of the information fed, an OTP will be sent to the registered mobile number of the pensioner. On entering OTP, ‘Pensioner Passbook‘ will display the details of the pensioner like Name, DOB along with last pension credited information. The facility to download the financial year wise complete pass book details is also available. Other e-services of EPFO already available through UMANG aap includes Employee Centric services (View EPF Passbook, Raise claim, Track Claim), Employer Centric Services (Get remittance details by establishment ID, Get TRRN St...

May Day Celebration by Ministry of Labour and Employment 27 APR 2018 International Labour Day is also known as the May Day and is celebrated at the international level to promote and encourage the healthy dialogue among social partners. International Workers’ Day is a big celebration at the world level and it is celebrated to commemorate the 4th of May of 1886, the Haymarket affair (Haymarket Massacre) in the Chicago. Shri Santosh Kumar Gangwar, Minister of State(Independent Charge) for Labour & Employment conveys Best Wishes to all the workers on MAY DAY and said, “Your hard work and your dedication have built the Nation”. Ministry of Labour & Employment will organise programme on the 1st May, 2018 at 10.00 AM at Pravasi Bharatiya Kendra, Chanakyapuri, New Delhi. Shri Nitin Gadkari, Union Minister for Road Transport & Highways, Shipping and Water Resources, River Development & Ganga Rejuvenation will be the Chief Guest. The Event will be attended by the Secretaries of ...

Ministry of Labour & Employment New Initiatives by EPFO to provide services and timely information to all stake holders 25 APR 2018 EPFO has taken a number of e-initiatives to provide services and timely information to all its stakeholders in tune with the government's motto of minimum government and maximum governance.  It has now been decided to publish the age-band wise estimate of all new subscribers as declared by their employers. The new employees have been categorised in six age bands like less than 18; 18-21; 22-25; 26-28; 29-35 and more than 35years of age. The information can be accessed at https://epfindia.gov.in. This data can be helpful in policy making, planning and research work as the planners may have an idea as to what is the estimate of employees in different age band. EPFO has so far been intimating its members by way of SMS on credit of their respective monthly contribution into their accounts.  Now, credit information is available through e-passbook ...

EPFO Press Information Bureau Government of India Ministry of Labour & Employment Pensioner’s Portal at EPFO website  28 MAR 2018 EPFO has launched the pensioner’s portal https://mis.epfindia.gov.in/PensionPaymentEnquiry. The pensioner’s portal is recently launched service, available at EPFO website by which all EPFO pensioners may get the details of pension related information like Pension payment order number, Pensioner’s Payment Order details, Pensioner’s passbook information & other related information such as date of credit of pension, submission of pensioner’s life certificate etc. It is helpful to know the status of their life certificate, in case of non-submission/rejection of life certificate of the pensioners. It also provides the details and the reason of stoppage of pension. Track e KYC: The enhanced “Track eKYC” facility for the convenience of members have been launched to check the status of Aadhaar seeded against their UAN and...

Ministry of Labour & Employment UAN Activated Members Can Know PF Balance Through Missed Call AND SMS Alert 12 MAR 2018 Members registered on the UAN portal may get their details available with EPFO by giving a missed call at 011-22901406 from their registered mobile number. If the UAN of the member is seeded with any one of the Bank A/c number, AADHAAR and PAN, the member will get details of last contribution and PF balance. To avail this facility, mobile number must be activated with UAN at Unified Portal. Giving missed call from registered mobile number at 011-22901406 automatically gets disconnected after two rings. This service is available free of cost to the member. Moreover, these services can be availed from non-smart phones also. The information for availing missed call facility and SMS service for getting PF balance and last contribution is now available on UMANG app also. Universal Account Number (UAN) activated members may know their latest PF contribution and balance ...

EPFO Ministry of Labour & Employment New Facilities for UAN- Aadhar Linking Introduces By EPFO 27 FEB 2018 Employees’ Provident Fund Organisation (EPFO) has introduced UAN-Aadhaar linking facility for the convenience of members using EPFO Link in UMANG Mobile App. This is in addition to the existing web facility already available at EPFO’s website www.epfindia.gov.in >> Online Services >> e-KYC Portal>> LINK UAN AADHAAR. The facility on e-KYC Portal has further added a new feature to link UAN with Aadhaar online using biometric credentials. Using the aforesaid facilities, EPFO members can link their UAN with Aadhaar as under: For using this facility with UMANG APP, Member will have to provide his/her UAN. An OTP will be sent to the UAN registered Mobile Number. After OTP Verification, member will have to provide Aadhaar details and gender information (where gender information is not available against UAN). Another OTP will be sent on Aadhaar Registered Mobile Num...

GPF Interest Rate from Jan 2018 to Mar 2018 - Department of Economic Affairs (DEA) Orders General Provident Fund (GPF) Interest Rate from January 2018 to March 2018 Resolution – accumulations at the credit of subscribers to the GPF and other similar funds - 2017, w.e.f. 1st January, 2018 to 31st March, 2018 (PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA) F.NO. 5(1)-B(PD)/2017 Government of India Ministry of Finance Department of Economic Affairs (Budget Division) New Delhi, the 1st January, 2018 RESOLUTION It is announced for general information that during the year 2017-2018, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.6% (Seven point six per cent) w.e.f. 1st January, 2018 to 31st March, 2018. This rate will be in force w.e.f.1st January, 2018 . The funds concerned are: 1. The General Provident Fund (Central Services). 2. The Contributory Provident Fund (India). 3. The All India Services Pro...

Amendment in EPF scheme for buying homes GOVERNMENT OF INDIA MINISTRY OF LABOUR AND EMPLOYMENT RAJYA SABHA UNSTARRED QUESTION NO-1056 ANSWERED ON-27.12.2017 Amendment in EPF scheme for buying homes 1056 . Shri R. Vaithilingam (a)whether Government will amend the Employees” Provident Fund (EPF) scheme to enable around 4 crore members of Employees” Provident Fund Organisation (EPFO) to withdraw upto 90 per cent of their fund for making down payments while buying houses; (b)whether said amendment will also allow the EPFO subscribers to use their EPF accounts for paying equated monthly installments of home loans; and (c)whether under the proposed provision in the EPF scheme, the subscribers would have to form a cooperative society with at least 10 members to avail of the facility? ANSWER MINISTER OF STATE (IC) FOR LABOUR AND EMPLOYMENT (SHRI SANTOSH KUMAR GANGWAR) (a) to (c): The Government vide Notification No. G.S.R.351 (E) dated 12th April, 2017 has inserted a paragraph 68BD in Employee...