EPFO

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The top policy-making body of EPFO, the Central Board of Trustees, has endorsed a proposal, which seeks to take away the trusts' right to manage the funds. The move is aimed at securing the retirement savings of nearly five million ...

In a separate proposal, though the trustees did not factor in the frequent demands for raising the Rs 6500 mandatory limit for EPFO, they said that a provision be made to ensure that the salary on which the contribution is made is not ...

The Board also stipulated that the Employees' Provident Fund Organisation EPFO would finalize the selection of fund managers before the expiry of the extended period. Till such time the State Bank of India would continue as fund manager ...


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