Separate fund under EPFO likely for new individuals

The government could create a separate fund under the Employees’ Provident Fund Organisation (EPFO) for contributions from individuals who join the scheme voluntarily once it is thrown open to everyone. A launch date for this fund would be announced separately when the scheme is made universal, said officials. A separate fund is being considered to […]

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A $15 minimum wage could boost Social Security benefits by about $5,000 a year

A Feb. 18 rally celebrating the California Labor Commissioner’s order for a McDonald’s franchise to rehire and compensate workers who went on strike for coronavirus protections was held on Feb. 18, 2021. Lucy Nicholson | Reuters Some Washington lawmakers are pushing to raise the federal minimum wage to $15 per hour to put more money […]

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