New Delhi, Jan. 29 -- A proposal to raise the monthly wage ceiling for coverage under the Employees' Provident Fund Organisation (EPFO) to Rs 25,000-30,000 is back on the table for consideration. The move is aimed at bringing more employees under social security net.

The current ceiling is Rs 15,000 a month. The proposed increase in wage ceiling would enable EPFO to expand its subscriber base and also its corpus.

The wage ceiling determines the salary level up to which EPFO contributions are mandatory for employees in covered establishments, reported the TOI.

Among the factors warranting increase in the wage ceiling are general inflation and upward pay revisions recommended by the Pay Commission for government employees.

Employers, Un...