Monday, September 2, 2013
EPFO - Is your pension safe?
By Economic Times Bureau | 2 Sep, 2013, 04.04AM IST
The Employees' Pension Scheme run by the EPFO has an estimated deficit of Rs 54,000 crore. If the defined benefit plan, which covers 8.25 crore members of the EPF, continues in its present form, it may go bankrupt by the time GenX is eligible to receive the pension.