Proposal of CBT members, PF cut 25 thousand and EPS 95 pension should be 7500 / –

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A proposal has been sent by the members of the Central Board of Trustees (CBT) to the Ministry of Labor to increase the PF deduction limit for EPFO ​​account holders from 15 thousand rupees to 25 thousand rupees and the minimum pension of EPS 95 pension holders from Rs 1,000 to Rs 7,500.



Central Trustee Board (CBT) member Harbhajan Singh told that in the upcoming Central Board of Trustees (CBT) meeting, a proposal for deduction of PF for EPFO ​​account holders was Rs 25 thousand and EPS 95 pension holders minimum pension of Rs 7,500. Will go The proposal has been sent to the Ministry of Labor. Also, the amount of Unclaimed PF under EPFO, which was Rs 40 thousand crore in year 2014. Which has been said to be 27 thousand crore rupees in the year 2019, information will also be taken about it.

Proposal to increase PF cut limit from 15 thousand to 25 thousand
Presently, 12% of the salary of the PF account holders under the Employees Provident Fund is to be deposited in the PF, in which even if the salary of an employee is more than Rs.15 thousand, their contribution to the PF is only at the ceiling limit of Rs.15,000 . Accordingly, a maximum of Rs 1,800 per employee is deposited in PF per month. If this proposal is approved in the upcoming Central Board of Trustees (CBT) meeting, the contribution of PF account holders to PF will increase, which will also increase the amount of PF and increase the pension on retirement. But there will be some reduction in these hand salary.



Proposal to increase the minimum pension of EPS 95 pensioners from 1,000 to 7,500
However, the demand for raising the minimum pension of EPS 95 pensioners under EPFO from 1,000 to 7,500 has been going on for years, pensioners have adopted various avenues like picketing, agitation, memorandum to increase their pension and now the Central Board of Trustees (CBT) It has also been proposed to put this demand of pensioners in the next meeting of the government as an agenda.

The post Proposal of CBT members, PF cut 25 thousand and EPS 95 pension should be 7500 / – appeared first on informalnewz.



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