While presenting his maiden Budget in the Parliament, finance minster Arun Jaitley said that the EPFO will launch a unified account scheme for portability of Provident Fund accounts.
The government today approved minimum monthly pension of Rs 1,000 per month under EPS-95 scheme run by Employees' Provident Fund Organisation (EPFO).
While presenting his maiden Budget in the Parliament, finance minster Arun Jaitley said that the EPFO will launch a unified account scheme for portability of Provident Fund accounts.
Further, he also proposed to set up committee to examine how to utilise large funds lying unused in postal schemes.
Meanwhile, the senior citizens' pension plan has been extended till August 2015 and pension scheme for senior citizens is being revived, he said.
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