Page 5 - Epfo

Govt keeps EPF rate at 8.25% for FY25: Here's what it means for you

At 8.25 per cent, EPF remains one of the most attractive debt-based investment instruments

Govt ratifies interest rate at 8.25% on employees' provident fund for FY25

The government has ratified the rate of interest on employees' provident fund at 8.25 per cent for FY25, enabling retirement fund body EPFO to deposit the annual interest accumulation in the post-retirement funds of over 7 crore subscribers. EPFO, on February 28, had decided to retain the interest rate of 8.25 per cent on employees' provident fund (EPF) deposits for the financial year 2024-25, equal to the rate provided in the preceding fiscal. The approved rate of interest for 2024-25 was sent for concurrence of the Ministry of Finance. "Ministry of Finance has given concurrence to 8.25 per cent rate of interest on the EPF for 2024-25 fiscal year and labour ministry sent a communication regarding this to the EPFO on Thursday," a labour ministry official told PTI. Now the interest amount as per the rate ratified for FY25 will be credited into the accounts of over seven crore subscribers of EPFO. The decision on interest rate was taken at the 237th meeting of the central board of ..

Fresh formal hiring up 2% in March after three-month decline: EPFO data

EPFO saw a 2% rise in new subscribers in March, ending a 3-month decline. The 18-25 age group made up 59% of additions, signalling labour market resilience

Thinking of a partial EPF withdrawal? Here's a step-by-step guide

Learn how to apply for a partial EPF withdrawal with this easy, step-by-step guide. Understand the process, requirements, and what to do before you file your claim!

EPFO adds 1.45 million net members in March 2025, up 1.15% year-on-year

Retirement fund body EPFO added 14.58 lakh net members during March 2025, registering an on-year increase of 1.15 per cent, according to the latest payroll data released on Wednesday. The Employees' Provident Fund Organization (EPFO) enrolled around 7.54 lakh new subscribers in March 2025, representing a 2.03 per cent increase over February 2025 and 0.98 per cent year-on-year growth compared to March 2024, a labour ministry statement said. EPFO has released provisional payroll data for March 2025, revealing a net addition of 14.58 lakh members. The year-on-year analysis reveals an increase of 1.15 per cent in net payroll additions compared to March 2024, the statement said. This growth in new subscribers can be attributed to growing employment opportunities, increased awareness of employee benefits, and EPFO's successful outreach programs, it stated. As per the report, 4.45 lakh new subscribers were added in the 18-25 age group, constituting a significant 58.94 per cent of the tot

Update your EPFO KYC information and save time and trouble: Here's how

Avoid delays in claims and transfers, follow this step-by-step guide to update your EPFO KYC details

Over 4 million Beedi workers likely to get relief on pension math

Labour min to examine classifying beedi industry as 'seasonal' establishments

No app, no login: Check your PF balance with just a missed call or SMS

Check your PF balance easily without logging in or using an app. Simply give a missed call or send an SMS to EPFO for instant updates on your balance and contributions, no internet required

EPFO dials BSNL, MTNL to acquire offices, land and buildings for expansion

India's largest retirement fund is ramping up its physical infrastructure to keep pace with its fast-growing membership base

EPFO makes pension claims smoother: 5 updates you should know about

IT upgrades and simpler process leads to 'less paperwork, faster processing' of claims

EPFO's new update makes PF transfer faster and smoother, revamps Form 13

The move aims to streamline PF transfers, eliminate delays by allowing instant credit once the source office approves. The update also simplifies tax calculations and introduces bulk UAN issuance, ben

EPFO issues appointment letters to 976 new recruits at Rozgar Mela

Retirement fund body EPFO on Saturday said that it handed over appointment letters to 976 new recruits at the 15th Rozgar Mela on Saturday. The Employees' Provident Fund Organisation (EPFO), under the Ministry of Labour and Employment, participated in the 15th edition of the Rozgar Mela held on Saturday across 47 locations nationwide, a labour ministry statement said. The event, addressed by Prime Minister Narendra Modi via videoconferencing, saw the distribution of over 51,000 appointment letters to newly inducted youth in various government departments, including EPFO. As part of this significant recruitment drive, EPFO welcomes new recruits to strengthen its workforce, ensuring efficient delivery of social security services to millions of subscribers across India, the ministry said. Appointment Letters to 345 Accounts Officers/ Enforcement Officers and 631 Social Security Assistants were issued on Saturday. EPFO has established a recruitment vertical in the Head Office to ensu

EPFO eases PF transfer on job change, removes employer's approval

Retirement fund body EPFO has simplified the process of transferring PF accounts on job change by removing the requirement of approval from an employer in the majority of the cases, an official statement said on Friday. Till now, the transfer of Provident Fund (PF) accumulations involved two Employees' Provident Fund (EPF) offices-- the Source Office, from which the PF amount was transferred, and the Destination Office, where the amount is finally credited, the Ministry of Labour & Employment said. Now, with an aim to further simplify the process, EPFO has removed the requirement of approval of all transfer claims at the Destination Office by launching a revamped form 13 software functionality. Henceforth, once a transfer claim is approved at the transferor (Source) office, the previous account will automatically transferred to the member's present account at the transferee (Destination) office instantly, furthering the aim of ease of living for members of EPFO. This revamped ...

EPFO makes pension withdrawals easier: Here's how you can file claims

A step-by-step guide to help you file your claim online smoothly using the Member e-Sewa portal

EPFO registered 1.61 million net members in February 2025, shows data

In February 2025, the retirement fund body EPFO registered approximately 739,000 new subscribers

EPFO set for digital overhaul with new IT platform by May-June: Mandaviya

The Employees' Provident Fund Organisation (EPFO) is set to undergo a major digital overhaul to enhance services for over 9 crore beneficiaries, with Version 3.0 set to launch by May or June, Union Labour and Employment Minister Mansukh Mandaviya said on Friday. In coming days, EPFO beneficiaries will be able to withdraw funds from ATMs due to faster processing of claims on the newer Version 3.0, Mandaviya said in an interview with PTI. "EPFO will soon implement Version 3.0 with the help of a robust IT platform to provide seamless and simplified services, including auto-claim settlements, digital corrections, and ATM-based fund withdrawals. The overhaul is aimed at making EPFO accessible and efficient," he said. According to Mandaviya, the new version will eliminate the need for complex and lengthy form-filling processes or physical visits for claims and corrections. Beneficiaries will be able to update their EPFO accounts and mandates using OTP verification and conveniently monitor

EPFO can't deny claims for pension on basis of delayed contribution: HC

Ruling in Kerala will help 'thousands of pensioners' facing similar issue, says expert

Document drama galore: Top reasons PF claims get rejected-and how to fix it

Despite a clear process on paper, PF claimants often face delays, confusion, and technical snags that can stretch out the timeline for receiving their hard-earned savings.

EPFO allows employers to make one-time payment of dues via demand draft

Pension fund addresses helps employers can't pay past dues via electronic challan-cum-return

EPFO members can activate UAN using face scan feature on UMANG app

They have to install UMANG & AadhaarFaceRD apps, enter Aadhaar & mobile number, give consent, and complete live photo capture for verification