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Trade unions against increasing retirement age

The pensioners have said that the proposed move was unjust and against the promises made to the crores of pensioners across the country.

Retirement fund body EPFO is planning to provide medical benefits under its pension scheme which would immediately benefit  46 lakh pensioners.
He further said that these agents would be trained to cater to employers as well as employees who could be educated or uneducated.
In its meeting, the Central Board of Trustees would deliberate on investment challenges in the changed economic scenario particularly in equity.
At present, investment in private category bonds has not been more than 4% of the total allotted 10%, mainly due to very restrictive guidelines.
"With this (10 lakh settlements in November), total number of claims settled by the EPFO has touched 85 lakhs, said Central Provident Fund Commissioner K K Jalan.
Employees' Provident Fund Organisation (EPFO) has launched a helpdesk to assist inoperative account holders to settle or transfer their funds.
The year proved to be a watershed with the Employee Provident Fund Organisation (EPFO) effecting many changes in the way the fund is managed.
HDFC Securities offers this service in collaboration with WillJini, a legal partner, which assists individuals to write their personal "e-Will" online.
Recently, a section of EPFO had favoured investment of a part of corpus in the shares of profit-making public sector blue chip companies.