Government’s new rule: Guaranteed pension of ₹52000 for life after 10 years of service!

EPFO New Rule

EPFO New Rule : Hello friends, recently a very important rule has been introduced by the Government of India. Under this rule, after working for 10 years, a guaranteed pension of ₹52000 will be given for the whole life.

Social Group Cards
WhatsApp
Join
Telegram
Join

This initiative is being seen as a big relief not only for government employees but also for those working in the private sector. The main objective of pension is to provide a secure future to the employees.

All employees will get pension facility like government employees

Under the scheme, every employee working in the private sector will be given the benefit of pension facility like government employees. This decision which has been taken is a part of a very important effort of the government.

Under this, financial security of lakhs of employees of the country working in the following sectors is being ensured. The second objective of the scheme is to reduce uncertainty even after the job as well as to assure a stable income to the employees.

For this reason the plan is in discussion

This scheme has become quite popular due to some of the main reasons given below:-

  • Under this scheme of the government, an estimated 3 crore employees will be provided benefits.
  • Both government and private sector employees have been included in it.
  • The pension scheme is going to secure the financial future of the employees.
  • To avail the benefits of the scheme, some special conditions have been imposed by the government.

How to get the benefit of the scheme

Employees residing in India who want to avail the benefits of this Granted Pension Scheme, it is very important for them to follow some simple procedures. First of all, the form prescribed by the appointee has to be filled properly and after that it will be necessary to submit it.

After completing this process, the eligibility will be confirmed and the benefits of the pension scheme will be given to them. The scheme is not only providing financial security but is also helping the employees to become self-reliant.

  • Every information has to be filled carefully in the application form.
  • Approval by appointment will be required.
  • Approval will be given after checking the eligibility.
  • A bank account is necessary to receive pension.
  • Pension amount will be deposited every month at the scheduled time.

Scheme conditions and application process

First of all, we are discussing the application process, so all the employees who want to earn food have to apply for this scheme through a very easy process. For applying, the employees should only have Aadhaar card and bank account details available.

Now that we are discussing the terms and conditions of the scheme, I would like to inform you that this scheme is not applicable for regular employees. Certain specific conditions have to be followed such as minimum tenure and amount of contribution required.

Leave a Comment