The most significant differences are based on how benefits are paid. A provident fund is a government-backed retirement fund. A pension plan is a retirement plan run by employers and governments.

The Employees’ Provident Fund (EPF) is a contribution-based savings scheme to provide financial security to employees post retirement. Both the employee and employer contribute towards this fund. The ...

What is Post Office Public Provident Fund? The Public Provident Fund (PPF) at the post office is a savings plan that helps you save money for the long term. It's backed by the government, offers tax ...

EPFO pensioners in Nashik demonstrated outside the local office in Satpur, demanding an increase in their meager Rs1,000 pension to Rs9,000. They also called for additional support, such as ...

PARIS, March 20 (Reuters) - France's public investment bank Bpifrance will launch a 450 million euro ($490 million) defence-focused fund, Finance Minister Eric Lombard said on Thursday, ahead of a ...

The Employees' Provident Fund Organization (EPFO) has raised concerns regarding the increasing trend of young subscribers withdrawing their entire Provident Fund (PF) corpus, especially during job ...

The power of compounding! That is the beauty of deposits in retirement savings such as the Employees’ Provident Fund that is currently offering an interest of 8.25% on contributions. Concerned ...

When choosing where to open a PPF account, you can choose either a bank or a post office, as both offer the same rules and benefits. Any single adult who is a resident of India can open a PPF account.

EPF claims can be turned down for multiple reasons. Hence, to avoid rejections, employees must carefully review and verify the details before submitting the claim form. Listen to Story Incomplete ...

A sufficient EPF balance is a safety net in tough times. Though you cannot withdraw all the funds at any given point, you can partially withdraw them for certain needs such as a medical emergency, ...

Retirement fund body EPFO settled a record number of 21.6 million claims through the autonomous process in the current financial year till March 6, which was more than double the figure of last fiscal ...

WHILE grateful at having the Employees Provident Fund’s (EPF) Flexible Account, members say they rather keep the money than use it. Electrical store manager Jenny Chin said although only 10% of ...