The government is planning EPFO 3.0 to extend pension benefits to gig workers, platform workers, freelancers, and unorganized sector employees. The contributory model offers annuity or systematic withdrawal options at retirement, with a target retirement sum feature. An estimated 2.5 crore workers may be covered, though official announcement is pending.
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EPFO 3.0: Gig Workers To Get Pension Benefits Under New Plan
