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Pension fund News

02 Dec 2022

What is pension fund? Can we withdraw pension contribution from PF? Read here

An EPFO member can withdraw the full PF amount and claim the Employee Pension Scheme amount after retirement. PF pension contribution can be withdrawn if one is unemployed for more than two months. However, to withdraw the pension contribution, one is required to fulfill certain conditions.

20 Apr 2018

PFRDA makes bank a/c, mobile number mandatory for NPS subscribers

The requirements have been made mandatory in the new common subscriber registration form (CSRF) that are required to be filled in by the new subscribers.

20 Apr 2016

Govt rolls back stricter PF withdrawal norms

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05 Mar 2016

EPF tax issue to rock trustees' meet

EPFO trustees' meet later this month is likely to be a stormy affair as trade unions will raise their voice against the Budget proposal of taxing EPF withdrawals.

09 Dec 2015

Know how to access your provident fund details

Retirement fund body EPFO has launched a mobile application and other phone-based services like accessing PF account.

27 Oct 2015

China to invest $315 billion pension fund in stock market in 2016

China Tuesday said it will invest a whopping USD 315 billion of its pension fund in stocks and equities next year as the government makes rules to minimise the risk in the country's volatile stock market that recently faced biggest crash.

17 Sep 2015

Five easy steps to access your pension details

09 Dec 2015

Good news for pensioners! Now, access your PF account details through mobile app

07 Aug 2015

EPFO hits equity markets: How it may affect you

The government's employee's provident fund on Thursday made its maiden investments in the country's equity markets.

07 Aug 2015

Your pension money hits equity market: 5 things you want to know

This is the first time that the EPFO, in its 64-year history, has invested in the equity markets.

20 Jun 2015

UK Unions' decision recognises shortfall in pension fund: Tata Steel

The UK trade unions' decision to suspended strike at Tata Steel plants in the country recognises the substantial shortfall in the pension fund and the need to jointly address it, the steel maker said.

Hewlett-Packard

09 Jun 2015

HP pays $100 mn to settle shareholder class-action suit

Dutch pension fund manager PGGM said on Tuesday Hewlett-Packard had agreed to pay $100 million to settle a class-auction lawsuit relating to the company`s 2011 acquisition of Autonomy, a "big data" analysis company.

05 Jun 2015

PFRDA changes investment norms in NPS schemes for govt sector

Pension fund regulator PFRDA has changed investment guidelines for NPS schemes applicable to government sector raising investment cap in debt and related instruments by 5 percent to 45 percent.

17 May 2015

PFRDA invites application for NPS Trustee Bank

Pension fund regulator PFRDA is scouting for a bank to act as National Pension System (NPS) trustee to facilitate fund transfers across entities such as annuity service providers and subscribers.

universal account number

28 Apr 2015

Government may make UAN mandatory for EPFO subscribers

The government is considering a proposal to make it mandatory to have Universal (portable PF) Account Number (UAN) for availing of benefits of schemes run by the Employees' Provident Fund Organisation (EPFO).

16 Apr 2015

PM Modi meets pension fund managers, seeks investments

Prime Minister Narendra Modi today met managers of Canada's major pension funds and sought investments from them in India's infrastructure sector.

Employees' Provident Fund

13 Mar 2015

Employers, workers may shell out more for EPF contributions

Employers as well as formal sector workers may have to shell out more towards Employees' Provident Fund with the government proposing to include all allowances in the wages for deducting PF contribution.

28 Feb 2015

Budget 2015: How you can save tax upto Rs 4.44 lakhs using health insurance, pension fund

Arun Jaitley today proposed rationalization of various tax exemptions and incentives to reduce tax disputes and improve tax administration.

PF contributions

11 Feb 2015

Govt to consider unions' reservations in EPF Act amendments

Government will consider trade unions' reservations on a proposal that would enable the Centre to reduce or waive off mandatory PF contributions by employees in certain cases.

21 Jan 2015

PFRDA chief eyes 20% coverage of the poor by FY18

Pension fund regulator PFRDA Wednesday said it aims at increasing pension coverage for the deprived section to 15-20 percent over the next few years.

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