EPFO: HR News, Trends & Workplace Insights

Explore the latest EPFO news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Dec 2023

EPFO

Implementation of Supreme Court verdict in EPS- higher pension

Dec 5, 2023

EPFO added . lakh net members during September

The Employees Provident Fund Organisation EPFO has released the provisional payroll data highlight...

EPFO

Nov 21, 2023

Most recent update on EPS- higher pension, last date Dec

According to PTI, the Retirement fund body EPFO has given three more months until December , ,...

EPFO

Nov 17, 2023

Latest news: Most recent update on EPS- higher pension, last date Dec - SightsIn Plus

Government starts crediting EPF interest for FY -

The Employees Provident Fund Organisation EPFO has started crediting the interest to provid...

EPFO

Nov 10, 2023

Latest news: Government starts crediting EPF interest for FY - - SightsIn Plus

EPFO

EPFO Update: EPF marriage advance facility for members

One of the World’s largest Social Security Organisations, The Employees’ Provident Fund Organisation (EPFO) has recently updated the Employees Provident Fund marriage advance facility for members. The EPFO has recently shared a post on social media platform X (formally Twitter) saying, “Members can avail EPF marriage advance facility on completion of seven years of membership.” The […]

Nov 8, 2023

EPFO

EPFO has already credited interest in more than 24 crore accounts

Union Minister for Labour & Employment, Environment, Forest & Climate Change, Shri Bhupender Yadav inaugurated the 71 Foundation Day of EPFO held at Bharat Mandapam, New Delhi through virtual mode. Bhupender Yadav further exhorted EPFO to become a hassle-free and technology-driven Organization. He expressed satisfaction that EPFO is giving 8.15% interest this year and has […]

Nov 4, 2023

EPFO

EPFO calls CBT meeting likely to address Higher Pension issues

One of the World’s largest Social Security Organisations, the Employees’ Provident Fund Organisation (EPFO) has asked all board members to be present at the 234th CBT meeting on next Tuesday likely to address Higher Pension issues. Recently, EPFO has extended three months for Employers to upload wage details, etc. online latest by 31.12.2023 regarding Pensions […]

Oct 25, 2023

EPFO

EPFO adds 16.99 lakh net members during month of August 2023

The EPFO provisional payroll data released highlights that EPFO has added 16.99 lakh net members in the month of August, 2023. Year-on-year comparison of payroll data reflects a marginal increase in net members over the previous year of August, 2022. The data reveals that 3,210 establishments have extended social security cover of EPFO to their […]

Oct 21, 2023

EPFO

EPFO extends deadline for higher pension options by 3 month

Earlier an online facility was made available by EPFO for submitting Applications for Validation of Options/Joint Options for pension on higher wages. The facility was made available by EPFO for eligible pensioners/members in compliance with the Hon’ble Supreme Court order dated 04.11.2022. The facility was launched on 26.02.2023 and was to remain available only till […]

Sep 30, 2023

EPFO

EPFO: Salient Features of Employees’ Deposit Linked Insurance

There are several social security programs that have been introduced under the Employees’ Provident Fund Organisation (EPFO). Recently, Employees’ Provident Fund Organisation (EPFO) has shared a post on X (formally Twitter) saying, “Employees’ Deposit Linked Insurance (EDLI) Scheme, 1976, is an important social security measure. Here are the main features of EDLI scheme.” Salient features of the […]

Sep 29, 2023

EPFO

EPFO asked zonal offices to prepare budgets for pension schemes

The Employees’ Provident Fund Organisation (EPFO) has asked for Revised Estimates for the year 2023-24 and Budget Estimates for the year 2024-25 in respect of Employees’ Provident Funds Scheme, 1952 (including Employees’ Pension Scheme, 1995) and Employees’ Deposit-Linked Insurance Scheme, 1976 from the Zonal Offices. The EPFO circular reads, “In accordance with the provisions regarding […]

Sep 22, 2023

EPFO

EPS’95 pensioners can submit Life Certificate at any time for 1 year

EPFO announced that that EPS’95 Pensioners can now submit a Life Certificate at any time which will be valid for 1 year from the date of submission. The Digital Life Certificate for Pensioners Scheme of the Government of India known as Jeevan Pramaan seeks to address this very problem by digitizing the whole process of […]

Sep 21, 2023

EPFO

EPFO highest payroll addition 18.75 lakh net members in July

EPFO’s provisional payroll data released highlights that EPFO has added 18.75 lakh net members in the month of July, 2023. The addition during the month is the highest since first publishing of EPFO payroll data from April, 2018 covering the period of September, 2017 onwards. A growing trend is continued since last three months with […]

Sep 21, 2023

EPFO

EPFO has shared Benefits of Pension & EDLI Calculator

There are several social security programs under the Employees’ Provident Fund Organisation (EPFO). EPFO has introduced a new initiative to facilitate Member Pensioner & Nominee /family members (in case of EDLI benefit) to calculate the eligible Pension & EDLI benefits. The Employees’ Provident Fund Organisation has recently shared a tweet from the official Twitter handle saying, “Benefits […]

Sep 18, 2023

EPFO

Aatmanirbhar Bharat Rozgar Yojana Surpasses Employment Generation Target

The Central Government’s innovative employment incentive scheme, the Aatmanirbhar Bharat Rozgar Yojana (ABRY), has exceeded its initial employment generation goals, showcasing its success in fostering job creation and recovery during the COVID-19 pandemic. Launched effectively from October 1, 2020, the ABRY was designed to stimulate the creation of new job opportunities by extending financial support […]

Sep 11, 2023

EPFO

Employers will pay damages & interest on amount due, @Rate…

One of the World’s largest Social Security Organisations, The Employees’ Provident Fund Organisation (EPFO) employers defaulting on contributions are liable to pay damages and Interest on the amount due. The Employees Provident Fund Organisation said that employers defaulting on contributions are liable to pay Damages u/s 14B and interest u/s 7Q on the due amount. The employers […]

Sep 11, 2023