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EPFO recruitment 2019: Employees Provident Fund Organisation has come out with a notice inviting interested and eligible candidates to apply for 280 vacancies for the post of Assistant section officer. Candidates can apply online from May 30, 2019 to June 25, 2019 through the official website https://www.epfindia.gov.in . EPFO will conduct an online exam for the posts on July 30 and July 31. The entry level pay for the posts is Rs 44,900 How to apply Candidates can apply online upto 25.06.2019 and no other mode of application will be accepted. IMPORTANT POINTS TO BE NOTED BY CANDIDATES BEFORE APPLYING ONLINE (i) Before applying online, candidates should scan their: photograph (4.5cm × 3.5cm) signature (with black ink) left thumb impression (on white paper with black or blue ink) a hand written declaration (on a white paper with black ink) ensuring that the all these scanned documents adhere to the required specifications as given in Para 4.II of this Notice. (ii) Signatur...

Business Standard : In what could bring cheer to 60 million salaried employees , the Employees’ Provident Fund Organisation (EPFO) may raise interest rates from 8.55 per cent currently. Three officials with knowledge of the matter told Live Mint that if not raised, it will at least be retained at the existing level, making it one of the most rewarding savings scheme. Although the EPFO rate is declared in December every year, there was a slight delay in 2018 as the account audit was still being done. It is now expected to be announced on February 1. There is little scope for reducing the rate and efforts would be made to increase the return, Prabhakar Banasure, member of EPFO’s central board of trustees, told the business daily. The interest rate would be in line with what the government recently announced incentives such as a nearly 50 per cent hike in incentives for frontline health workers, including those working at Integrated Child Development Scheme centres (anganwa...

You may be able to partially withdraw your Provident Fund (PF) savings even after losing your job, with the Employees’ Provident Fund Organisation (EPFO) proposing a move to create a ‘social security cover’ for formal sector workers. Concerned with the high level of PF withdrawals, the EPFO has proposed that its subscribers — working in the private sector and counted as formal workers — be allowed to withdraw 60 per cent of their total savings, according to the proposal. However, legal experts believe the proposal may be embroiled in... Readmore

Nearly four crore members of retirement fund body   Employees' Provident Fund Organisation (EPFO)   will soon be able to settle their claims like EPF withdrawal through mobile application UMANG. "The EPFO is developing online claims settlement process by receiving application online," Labour Minister Bandaru Dattatreya said in a written reply to the Lok Sabha. The minister also said, "The application will be integrated with Unified Mobile App for new-age governance, (UMANG) App, to receive the claims online. However, the timeframe to roll out the same has not been finalised." The EPFO receives close to 1 crore applications manually for settlement of EPF withdrawals, pension fixation or getting group insurance benefit by the deceased. A senior official said over 110 regional offices of the EPFO out of 123 field formations have already been connected with the central server. The official explained that it is a technical requirement for connecting all r...