EPFO says workers up to Rs 25,000 wage must join EPS
In short
EPFO said employees who earn up to Rs 25,000 must join EPS. It also said existing members who now earn more can keep their pension membership.
This matters for workers and employers because it affects pension coverage and payroll rules. The report does not say whether this is a new rule or just a clarification.
What the reporting says
EPFO said employees earning up to Rs 25,000 must join EPS, while existing members earning more can continue their pension membership. The publisher summary presents this as an explanation of who falls under the wage ceiling. The report does not say when the clarification was issued or whether any rule has changed.
Why it matters
EPFO explained that employees earning up to Rs 25,000 must join EPS, while existing members earning more can continue their pension membership. The publisher summary frames this as a clarification about the wage ceiling. The report does not state a new notification number, effective date, or any change to contribution rates.