22 Feb, 2015 9:47p.m.

EPFO planning medical benefits for its pensioners via ESIC

EPFO is planning to provide medical benefits under its pension scheme through the Employees' State Insurance Corporation, a move which would immediately benefit around 46 lakh pensioners.

The Employees' Provident Fund Organisation's (EPFO) Pension & EDLI Implementation Committee (PEIC) has recently concluded in its meeting held on January 30 that the pensioners should be extended the facility of medical benefits.

"..medical benefit as an extra benefit should be recommended to Labour Ministry," the committee concluded as per the minutes of the committee's meeting held last month.

It was suggested that the surplus in Employees' Deposit Linked Insurance scheme could be used for extending medical benefits through ESIC.

It was also pointed out in the meeting that retired government employees are provided medical benefits under the Central Government Health Services and even unorganised workers are covered under the Rashtriya Swasthya Bima Yojana ( RSBY) but there is no such facility for EPFO pensioners.

Read more @ http://economictimes.indiatimes.com/wealth/savings-centre/savings-news/epfo-mulls-medical-benefits-for-its-pensioners/articleshow/46330160.cms



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