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EPFO is a social security organization under the Government of India that regulates and manages provident funds, pension schemes and insurance for employees in India. It was established in 1952 and has a Central Board of Trustees, a Universal Account Number and international agreements.
Learn about the history, functions, and dividends of the EPF, a federal statutory body that manages the compulsory savings plan and retirement planning for private sector workers in Malaysia. The EPF has 13.6 million members and RM 998 billion in assets as of 2020.
A voluntary savings-cum-tax-reduction social security instrument in India, introduced by the Ministry of Finance in 1968. It offers an investment with reasonable returns combined with income tax benefits, and has a minimum deposit of ₹ 500 and a maximum of ₹ 1.5 lacs per year.
Learn about the social security scheme of employees in Sri Lanka under the Central Bank of Sri Lanka. Find out its history, assets, investments and related terms.
A passbook or bankbook is a paper book used to record bank or building society transactions on a deposit account. Learn about the history, usage, and types of passbooks, and see examples of different passbooks from various countries.
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Pension Fund Regulatory and Development Authority (PFRDA) is a statutory body under the Ministry of Finance that oversees the National Pension System (NPS) in India. NPS is a defined contributory pension scheme for government and private sector employees and citizens on a voluntary basis.
Learn about the history, coverage, and investment of the pension fund/provident fund for government and private sector employees in Nepal. The fund is managed by an autonomous organization called Karmachari Sanchaya Kosh (KSK) or Employees Provident Fund (EPF).