scorecardresearchEPFO open to raising retirement age to ease pressure on pension funds: Report

EPFO open to raising retirement age to ease pressure on pension funds: Report

Updated: 05 Sep 2022, 02:40 PM IST
TL;DR.
EPFO finds merit in aligning retirement age with life expectancy. It has already shared its vision document
As India is projected to become an ageing society by 2047 with an estimated 140 million people above the age of 60 years, it is likely to put immense pressure on the pension funds in the country

As India is projected to become an ageing society by 2047 with an estimated 140 million people above the age of 60 years, it is likely to put immense pressure on the pension funds in the country