EPFO eyes ₹25,000 crore safety net to safeguard workers’ PF returns
- Employees' Provident Fund Organisation is considering a ₹25,000 crore fund to keep PF interest rates stable.
- • The plan aims to protect nearly 30 crore members from sudden drops in annual interest payouts.
- The reserve would use extra investment profits & be invested mainly in government securities.
- The proposal is under review & aims to reduce losses caused by market crashes & company defaults.
Source: timesofindia.indiatimes.com
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