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EPF News

25 Nov 2024

Inoperative EPF Accounts Surge 5-Fold To Rs 8,505 Crore In 6 Years

Similarly, in 2022-23, as many as 17,44,518 inoperative accounts had Rs 6,804.88 crore.

04 Oct 2024

5 Simple Steps To Unblock Your Inoperative EPF Account Online

Employee Provident Fund (EPF) or PF account will continue to earn interest as long as it is active. An inoperative EPF account will not acrue any interest for the subscriber.

04 Sep 2024

MASSIVE Pension Related Relief For EPFO Members From 1 January 2025

EPS Pensioners will get pension money from any bank, any branch, anywhere in India from 1st January 2025.

20 Jul 2024

Confused With PF Withdrawal? EPFO Comes With New Initiative To Help Members

This decision follows recent backlash on social media about delays in resolving complaints and an increase in rejected settlement claims

24 Jun 2024

EPFO UAN: Here's Everything You Need To Know About Crucial 12-Digit ID

Your UAN is a unique 12-digit number that ensures you keep receiving your EPFO benefits no matter how many jobs you switch.

14 Jun 2024

EPF Withdrawal Update: EPFO Discontinues Covid-19 Advance Facility

EPF is a government-supported program that provides retirement benefits to employees.

31 May 2024

EPFO Introduces New Rules For Cheque Leaf And Bank Passbook Uploads

To verify claims EPFO uses verification methods instead of requiring a validated bank passbook or cheque leaf image.

14 May 2024

EPFO Introduces Auto Claim Settlement For Education, Marriage, Housing

EPFO has introduced an Auto Claim Solution where in claim is processed automatically by IT system without any human intervention.

Employees' Provident Funds Organisation

17 Apr 2024

EPFO Hikes Auto Withdrawal Claims Settlement Under 68J From Rs 50K To Rs 1L

Under the Paragraph 68-J of EPFO rule, the members can seek advance from the fund for treatment of illness in certain cases including hospitalisation lasting for one month or more

Employees' Provident Fund Organisation

02 Feb 2024

What Will Happen To Pensions Of EPS member Having Multiple Account Numbers?

EPFO has released a detailed guidelines on the pension situation where an EPS member has multiple accounts.

04 Jan 2024

Good News! Deadline To Upload Wage Details For Higher Pension Extended

Ministry of Labour & Employment has said that EPFO has extended the time for Employers to upload wage details etc. regarding Pension on Higher Wages by five more months to 31 May, 2024.

11 May 2023

Higher Pension: Subscribers, Pensioners To Get 3 Months For This Reason

The EPFO provided an online facility to submit the joint option form (with employers) to the subscribers for opting for a higher pension till May 3, 2023.

28 Mar 2023

E-Passbook Facility For EPFO Subscribers: How To View EPF Passbook Online

During the meeting of 233rd CBT on Tuesday, the minister approved the revised estimates for the year 2022-23 and budget estimates for the year 2023-24 for schemes administered by EPFO.

27 Mar 2023

PF Interest Rate: EPFO Likely To Decide Rate Of Interest EPF Deposits Tomorrow

EPFO had lowered the interest on EPF for 2021-22 to an over four-decade low of 8.1 per cent for its about five crore subscribers, from 8.5 per cent in 2020-21 in March 2022.

20 Mar 2023

EPFO Payroll Data: EPFO Adds 14.86 Lakh Members In January 2023

The provisional payroll data released on Monday also highlighted that approximately 10.62 lakh members re-joined EPFO membership.

27 Feb 2023

Good News For EPFO Subscribers, Date to Apply For Higher Pension Extended

EPFO Higher pension update: Earlier, there were apprehensions that March 3, 2023 is the last date for opting for higher pension.

21 Feb 2023

EPFO unveils procedure to apply for higher pension under EPS

EPFO has asked its field offices to provide an option for higher pension to eligible subscribers in accordance with the Supreme Court order.

12 Jan 2023

Pensioner's ALERT! THESE employees will get bonus pension; Check details here

03 Jan 2023

SC ruling on HIGHER PENSION: Who can apply for it? Check process to apply

The Supreme court in its order gave four more months to eligible subscribers to opt for higher pension under EPS-95. The court had also struck down the requirement in the 2014 amendments mandating employee contribution of 1.16 per cent of the salary exceeding Rs 15,000 per month. This will facilitate the subscribers to contribute higher to the scheme and get enhanced benefits accordingly.

27 Dec 2022

PF trusts of Bengal jute mills to be dismantled, workers linked to EPFO

According to IANS source, running a trustee board requires a clearance from the state Labour Minister and an annual audit of the trusts is conducted by the EPFO office. It is learnt that in the latest audit, the EPFO office have identified such irregularities in depositing provident fund contributions, and also recommended action against some of these trusts to the state Labour Department.

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