EPF Jackpot: The Truth Behind the viral INR 50,000 Royalty cum life benefits News!
#RtiReply #ArimaVizhiththiru #Epfo
Recently, a news item went viral across various credible media platforms, including newspaper, Television and social media. It claimed that there was a jackpot announcement for people with a PF account.
According to the news, PF account holders could directly receive INR 50,000 through Royalty cum Life Benefits. However, there was a condition : if the individual had worked in different places but maintained the same PF account for 20 continuous years, they would be eligible for this INR 50,000 benefits .
The CBDT recommended the scheme, and the Indian government approved it. As a result, people could get an additional INR 50,000 in PF Benefits. This news spread to widely.
To verify this, I checked the EPF website, but there was no order or circular regarding such a benefit.
To get a clear confirmation, I submitted a query under the Right Information (RTI) Act. I asked if there was any recent order, circular, or notification related to a PF member receiving INR 50,000 as Royalty cum Life Benefits.
Let’s look at the response they provided to my query.
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