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EPFO forms three committees to frame draft schemes
EPFO forms three committees to frame draft schemes
The Employees' Provident Fund Organisation of India has launched three committees to create draft schemes for pension, provident fund and insurance under the Social Security Code, 2020. The committees will submit the drafts to EPFO by June 23, 2023, and the central government will consider them. The Social Security Code 2020 consolidates current laws relating to social security and aims to extend social security benefits beyond organised workers to include self-employed, home, wage, migrant, and gig and platform workers, covering life and disability insurance, health and maternity benefits, and provident funds.
The Employees' Provident Fund Organisation of India has launched three committees to create draft schemes for pension, provident fund and insurance under the Social Security Code, 2020. The committees will submit the drafts to EPFO by June 23, 2023, and the central government will consider them. The Social Security Code 2020 consolidates current laws relating to social security and aims to extend social security benefits beyond organised workers to include self-employed, home, wage, migrant, and gig and platform workers, covering life and disability insurance, health and maternity benefits, and provident funds.
The Employees' Provident Fund Organisation of India has launched three committees to create draft schemes for pension, provident fund and insurance under the Social Security Code, 2020. The committees will submit the drafts to EPFO by June 23, 2023, and the central government will consider them. The Social Security Code 2020 consolidates current laws relating to social security and aims to extend social security benefits beyond organised workers to include self-employed, home, wage, migrant, and gig and platform workers, covering life and disability insurance, health and maternity benefits, and provident funds. 
