Former Mayor Mary Verner’s salary and pension request , which was denied by the city, has raised questions from several readers who wonder how an elected leader can be eligible to start receiving a ...

EDITORIAL: An office memorandum issued by the Finance Division noted a change in the calculation of emoluments for the purpose of pensions as proposed by the Pay and Pension Commission 2020 as well as ...

The Employees’ Provident Fund Organisation (EPFO) has announced the method of computing pension on higher salary, instead of the statutory limits. This will be applicable to those who opt for a higher ...

A big uncertainty in re-calculating contributions to be eligible for higher pension is the amount of money you would need to keep aside if you opt for higher pension. The Employees’ Provident Fund ...

EPFO higher pension: The Employee Provident Fund Organisation, in its new circular has released a circular talking about the computation method through which higher pensions of those employees who ...

The Employees' Provident Fund Organisation for the third time has extended the last date to apply for the higher pension scheme till July 11, 2023. The EPFO subscribers are entitled to a pension at ...

Towards the provident fund, both the employer and the employee contribute 12 per cent each to the EPFO account every month. This cumulated share is then contributed to EPF and EPS. Out of the 12 per ...

Retirement is a major milestone in every working person’s life. Along with emotional changes, financial security becomes the ...

The Unified Pension Scheme (UPS) announced by the government for central government employees includes important features of both the Old Pension Scheme (OPS) and the National Pension System (NPS). It ...