Centre Reviews Upper Wage Limit for EPFO Contributions and Pension Scheme
In a significant move aimed at improving social security for workers, the central government is considering changes to the Employees’ Provident Fund Organisation (EPFO) and the Employees’ Pension Scheme (EPS). Union Labour Minister Mansukh Mandaviya announced that the government is reviewing the upper wage limit for contributions to these schemes, along with other major updates aimed at enhancing benefits for pensioners and workers.
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