Good News for Pensioners Covered Under the PF Act The Central - TopicsExpress

Good News for Pensioners Covered Under the PF Act The Central Board of Trustees of the PF department is deliberating on a proposal to increase the age limit for pension scheme from 58 years to 60 years. Suggested 2 years extension in pension payout would help pensioners to accumulate a bigger corpus. At present, the subscribers cease to be members of the EPS (Pension scheme) on attaining the age of 58, but continue to contribute to the PF and EDLI (Insurance) schemes even after the age of 58 years.

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