EPFO Want to Increase the Retirement Age!!

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EPFO Want to Increase the Retirement Age!!
EPFO Want to Increase the Retirement Age!!

EPFO Want to Increase the Retirement Age. The senior citizen population of the nation is increasing path. The population of aged people in the country who has 60 years of age and above that has the chance to increase to the amount of 194 Million by the year 2031. Analyzing the data for this decade this is an increase of 41 percent compared to the previous years.

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The population of the senior citizens (60 years and above) of India will increase to 194 Million by the year 2031 which is 41 percent high than the year 2021 analytics. In the year 2021, the population rate of the aged people was 138 Million. The Employees’ Provident Fund Organisation (EPFO) is thought to increase the retirement time of senior citizens.

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The EPFO Vision 2047 document states, “Increasing the retirement age, going forward, could be considered in line with the experience of other countries and will be key to the viability of pension systems”. To get recent and regular updates on recruitment, examination, and other informative news subscribe and follow our page.

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