A closer look at the data reveals that EPFO enrolled 9.47 lakh new members in September 2024, signifying a 6.22% increase compared to the previous year. The 18-25 age group accounted for 59.95% of the total new members. Approximately 14.10 lakh members exited and subsequently rejoined EPFO. This figure depicts year-over-year growth of 18.19% compared to September 2023.
The number of women joining EPFO increased by 9.11% year-on-year. State-wise, Maharashtra led the way in terms of net member addition, followed by Karnataka, Tamil Nadu, Delhi, and Haryana. Industry-wise, expert services, trading, and engineering sectors witnessed significant growth in membership.
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