The Employees’ Provident Fund Organisation (EPFO) will disburse month-to-month pension to its 6.5 million account holders prior to the close of this March, in a bid to assist subscribers tide over the outbreak of the COVID-19 coronavirus.
“Due to the corona virus pandemic, lock down has been declared in many components of the place. In order to guarantee that no inconvenience is induced to the pensioners on account of the prevalent scenario, (the) Central Provident Fund Commissioner (of the EPFO) has directed the area workplaces to create and reconcile pensioners’ facts and pension amount statements for the present month by 25 March, 2020,” a assertion issued by the labour and work ministry on Monday explained.
It included that EPFO’s CPFC Sunil Barthwal has directed the officers to forward it to financial institutions “so that the month-to-month pension is credited into the account of the pensioners in time i.e. through the