Millions for pensioners the good news, EPFO has issued 868 crore

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Employee Provident Fund Organization (EPFO): ripe by the Employees ‘ Pension Scheme under the pension fund from the partial withdrawal of the facility to restore to implement the judgment, after 105 crore arrears with 868 crore of pension (Pension) to have issued.

New Delhi:

Employee Provident Fund Organization (EPFO): Ripe By millions of pensioners to good news is given. Indeed, Ripe The Employee Pension Plan under pension fund from the partial withdrawal of the facility to restore to implement the judgment, after 105 crore arrears with 868 million bucks Pension (Pension) The release is made. September 25, 2008 on or before this option to elect the people who will help and benefit. Please tell that the pension commutation under the pensions in the next 15 years, one-third is deducted.

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15 years after the pensioner the full amount entitled to
According to information pensioners to decreased amount for a lump sum are granted. 15 years after the pensioner the full amount is to be achieved. Please tell that August 2019 during the minister of Labour chaired by EPFO’s decision-making apex body Central Board of trustees on behalf of the 6.3 million pensioners for the computation of the feature to restore the motion was approved. The center of the Narendra Modi (Narendra Modi) government on behalf of the issued statement, according to the commuted pension to restore there was no provision in. In addition to pensioner commutation in return a lifetime reduced pension was.

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The Ministry of Labour say that the Employees ‘ Pension Scheme 1995 under the raised step it up for pensioners is a good step. Tell note that on September 25, 2008 on or before the EPFO’s pension fund from the partial withdrawal of the facility of availing pensioners of the Ministry of Labor on February 20 issued a notification was. Pension commutation Restore feature given ranging this notification was issued. This decision of the government 6.3 million pensioners have gained.

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