EPFO New update might increase Retirement Benefits for Salaried Employees

47,000 People will Receive Rs 15000 in EPF! Will You? Know Eligibility Criteria

Big news coming for government employees. More than forty seven thousand employees will get Rs 15000 from 1st August. The amount will be transferred to EPFO accounts. Who will get the benefits? Let us know more about this scheme in detail.

Government Employees will get Rs 15000

People who are working for the first time in the Noida area will receive the benefits. Employees who get less than one lakh rupees in salary will be eligible for the Rs 15000 transfer in EPFO. But if your salary is over one lakh you will not be eligible.

47000 Employees will be benefited

Regional Provident Fund Organization has already asked for data of employees who have joined after August 1, 2024. As the report says, 47000 people started job after 1st August. Activation of UAN numbers provide this data.

The Regional Provident Fund Organization held 200 camps to activate UAN numbers for more than 11 thousand employees. These employees will get Rs 15000 after successful UAN activation.

UAN Aadhar Link

To receive the 15000 rupees employees have to make sure the UAN number is linked to Aadhar Card which is linked with Bank. Only then UAN and Aadhar link will be completed and you will receive the money.

EPF for Employees

EPF ensures the financial security of employees after retirement. For this 12% of the basic salary is deducted and deposited to the PF account. Currently, EPF has become more simple. Employees can check their and companies’ contributions easily online and check how much amount is there in the EPF Account.

Partha Sarathi Manna

Partha Sarathi Manna

Partha Sarathi Manna is a Science graduate from the University of Calcutta with an advanced multimedia degree from Ramakrishna Mission. He has over four years of journalism experience, specializing in entertainment, lifestyle, technology, and travel. In his free time, he enjoys watching movies and web series and exploring new places. Contact: [email protected].

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