The government has finally agreed on a mechanism on how to disburse the benefit of return from investing in equity to provident fund subscribers. The decision of the Central Board of Trustees (CBT) — highest decision-making body today approved EPFO’s exit policy which has spell out how the body plans to monetise its stock exposure to benefit subscribers and subscribers account will be accrued by the end of FY18.
Under proposed unitisation policy, EPFO will keep the cash and equity component for a subscriber. The 15 per cent invested every month in equity would be allotted to subscribers in the