City
Epaper

EPFO to ensure smooth payment of 65 lakh pensions in March

By IANS | Updated: March 23, 2020 18:05 IST

In view of the novel coronavirus (Covid-19) restrictions across the country, the Employees Provident Fund Organisation (EPFO) is ensuring that pensions to over 65 lakh people are disbursed on time.

Open in App

New Delhi, March 23 In view of the novel coronavirus (Covid-19) restrictions across the country, the Employees Provident Fund Organisation (EPFO) is ensuring that pensions to over 65 lakh people are disbursed on time.

In a statement, the EPFO said that due to the coronavirus pandemic, lockdowns have been declared in various parts of the country.

"In order to ensure that no inconvenience is caused to the pensioners on account of the prevalent situation, the Central Provident Fund Commissioner has directed the field offices of EPFO to generate and reconcile pensioners' details and pension amount statements for the current month by March 25," it said.

It was also directed that the money should be forwarded to the banks in advance so that the monthly pension is credited into the account of the pensioners in time i.e. during the month of March itself, it said.

The EPFO said that it is disbursing monthly pension to more than 65 lakh pensioners every month under the Employees' Pension Scheme, 1995.

On Monday, the total number of people affected by Covid-19 in the country climbed to 385.

( With inputs from IANS )

Tags: Employees' Provident Fund Organisation
Open in App

Related Stories

NationalEPFO Reform Explained: Government Explains How You Can Withdraw 75% of Your PF Easily

NationalPension Boost Coming? EPFO May Announce Major Change After 11 Years Ahead of Diwali 2025 – Here’s What’s in Store for You

BusinessWhere Does Your PF Money Go? Here's How EPFO Manages Your Retirement Fund

NationalPF Withdrawal: EPFO Urges Members to Avoid Approaching Unauthorised Agents and Use Official EPFO Portals for Free and Secure Online Services

NationalEPFO Makes PF Withdrawals Easier, Hikes Interest Rate; Check Details

National Realted Stories

NationalAbhishek Banerjee’s North Bengal trip to rejuvenate Trinamool facing BJP’s rising strength in region

NationalFrom door-to-door to drawing rooms: BJP leaders intensify MCD bypoll campaign across Delhi

NationalGujarat builds over 68.7 lakh toilets, strengthens rural sanitation drive

NationalPM Modi to release PM-KISAN instalment tomorrow; over 49 lakh in Gujarat to benefit

NationalBroken promise of marriage does not always amount to rape: Kerala HC