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EPFO's 20-Day Rule for PF & Pension Claims: Fast Settlements
EPFO's new 20-day rule ensures faster settlements for provident fund and pension claims, enhancing employee satisfaction. If delays occur, a 12% penal interest applies. Employees can submit complaints through designated channels to address any issues with their claims. This initiative aims to streamline the claims process and improve financial security for workers.
⚖️ AI Verdict
"Faster claims mean happier employees—let's hope for smooth sailing!"
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File ID: #282840Original Source: LiveMint Money ↗
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