What are the implications of EPFO claiming a huge liability to pay off higher pension demands
EPFO claims huge liability to pay off higher pension demands, workers, pensioners object
- EPFO's huge liability to pay off higher pension demands could strain its financial resilience and impact its ability to provide pensions to all beneficiaries.
- Workers and pensioners may face delays in receiving their pension payments due to the increased burden on EPFO's funds.
- There could be a backlash from workers and pensioners who may demand better financial management from EPFO to ensure their future security.
- The government may need to step in to address the issue and provide additional funding or support to stabilize EPFO's financial position.
- Overall, the situation highlights the importance of sustainable pension schemes and effective financial planning to prevent such liabilities in the future.
Answered
2 months ago