Finance
Mr. BillionhairEPFO's Big Win: Job Gaps No Problem for Rs 50,000!
Listen up, folks! EPFO just dropped a bombshell! Job gaps—weekends, holidays, even 60 days—are now NO BIG DEAL! You resign on a Friday, start a new job on Monday, and guess what? You're still in the game! Minimum payout? A massive Rs 50,000! Switching jobs? No problem! It's a win-win, believe me!
few days ago | Amit Kumar
Quick rundown
1.EPFO clarifies employment gaps won't affect EDLI benefits.
2.Weekends and holidays between jobs are no longer service breaks.
3.Minimum EDLI payout raised to Rs 50,000.
4.Job changes with up to 60-day gaps now considered continuous service.
5.New rules reduce benefit denial risk for frequent job switchers.
