The Employees' Provident Fund Organisation (EPFO) is likely to approve a proposal to hike wage ceiling for coverage under its social security schemes to Rs 25,000 per month from the existing Rs 15,000 on December 19.
The move can bring in 50 lakh more formal sector workers into the social security net of the retirement fund body in addition to its existing subscriber base of around four crore organised sector workers.
From India, Bagnan
7The move can bring in 50 lakh more formal sector workers into the social security net of the retirement fund body in addition to its existing subscriber base of around four crore organised sector workers.
From India, Bagnan
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