EPFO Update: These days, PF employees also have some demands which the central government is considering. EPFO also seems to be working on ending the hassles of PF. The most important demand of PF employees now is nothing but the pension amount received under EPS.
PF employee organisations demand that the minimum pension amount be increased to Rs 7500. Ever since the Modi government has introduced UPS in the break of OPS, this demand has been gaining momentum. It is expected that the government will make a big decision before Diwali. The month of October can prove to be a boon for PF employees. However, no one has said anything officially yet.
Big decisions can be taken in the meeting.
If ET’s report is to be believed, EPFO is taking steps to provide easy facilities to PF employees. An initiative named EPFO 3.0 is set to be considered in the coming month to make the facilities easier and simpler. According to the information received from the sources, a big meeting of the Central Board of Trustees of EPFO is to be held on 10-11 October under the chairmanship of Labour and Employment Minister Mansukh Mandaviya.
The Central Board of Trustees is considered to be the highest decision-making body in EPFO. Representatives of the company, employee, state government and central government participate in this meeting. Some surprising decisions can be taken in this meeting.
Decision can be taken on minimum pensio.n
It is not yet decided which issues will be discussed in the meeting of the Central Board of Trustees. However, it is so important that the government seems to be working on preparing to give big benefits to EPFO users before Diwali. Under this, people can also withdraw some part of their PF from an ATM.
Along with this, the facility of making payments through UPI can also be started. Increasing the minimum pension amount can also be considered in the meeting. At present, the minimum pension amount is Rs 1,000; it has not been decided how much it will be increased. However, the working class has been demanding its increase for a long time.










