The Employees' Provident Fund Organisation (EPFO) is planning to cut the time taken to process members' claims (loans and withdrawals from their accounts) to three days from the current 30 days. This will be one of the outcomes of the ongoing `business
In a bid to speed up the settlement of PF and pension claims, Employees Provident Fund Organisation (EPFO) will issue National Social Security Number (NSSN) to the four crore members covered by the scheme.
The cut in the EPF rate to 8.5 per cent stirred a hornet's nest in Parliament today with Left parties and UPA constituent like NCP joining hands with the opposition NDA to demand its immediate restoration to 9.5 per cent.
