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 2022

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Know Your UAN in just steps Check details here

Dec 10, 2022

Citi Malaysia appoints Tooba M. as CHRO

The global bank, Citi Malaysia has announced the appointment of Tooba M. as Chief Human Resources Of...

EPFO

Nov 29, 2022

Latest news: Citi Malaysia appoints Tooba M. as CHRO - SightsIn Plus

Central government is likely to rise EPFO wage ceiling

A high-level committee has proposed the increase the wage ceiling under the Employees Provident Fun...

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Nov 24, 2022

EPFO starts crediting interest for - Check Balance

One of the Worlds largest Social Security Organisations, The Employees Provident Fund ...

EPFO

Nov 3, 2022

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EPFO: Those with less than 6 months to retire can withdraw EPS-95

There are several social security programs under the Employees’ Provident Fund Organisation (EPFO), recent program is for employees retiring in 6 months. One of the two main statutory social security bodies, EPFO retirement fund body decided to allow the withdrawal of accumulations in the Employees’ Pension Scheme 1995 (EPS-95). The EPS, 1995 is a ‘Defined Contribution-Defined Benefit’ […]

Nov 2, 2022

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EPFO: Formal job creation in August jumps by 14.4% year on year

The provisional payroll data of EPFO released on 20th October 2022 highlights that EPFO has added 16.94 lakh net members in the month of August 2022. A year-on-year comparison of payroll data reflects an increase of 14.40% in net membership addition in August 2022 as compared to the corresponding month during last year in 2021. Of […]

Oct 21, 2022

EPFO

EPFO Shares Benefits of Pension and 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 saying from the official Twitter handle saying, “Benefits […]

Oct 11, 2022

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EPFO Alert: EPS’95 Pensioners, Regarding Jeevan Pramaan Patra

There are several social security programs under the Employees’ Provident Fund Organisation (EPFO). The EPFO has shared relevant information regarding Jeevan Pramaan Patra for EPS’95 Pensioners. Jeevan Pramaan is a biometric-enabled digital service for pensioners. The Pensioners of the Central Government, State Government, or any other Government organization can take benefit from this facility. Digital Life Certificate […]

Oct 7, 2022

EPFO

Delay in crediting EPF interest due to software fix- Finance Ministry

According to the Ministry of Finance, the Employees’ Provident Fund Organisation (EPFO) delayed in crediting EPF interest due to software for FY22 and there is no loss of interest for any member. The Finance Ministry has clarified that there is no loss of rate of interest for subscribers of Employees’ Provident Fund Organisation (EPFO) and […]

Oct 6, 2022

EPFO

EPFO: Two-way mechanism for declaration of principal employers

There are several social security programs under the Employees’ Provident Fund Organisation (EPFO). The EPFO has shared relevant information regarding Principal Employers. EPFO has shared a tweet from the official Twitter handle saying, “Principal Employers’ Functionality.” Principal Employers’ Functionality #EPFO #SocialSecurity #AmritMahotsav @AmritMahotsav pic.twitter.com/EuRSC6fihB — EPFO (@socialepfo) October 5, 2022 The two-way mechanism for declaration of […]

Oct 6, 2022

EPFO

EPFO to increase Salary limit of employees: Report

A high-level committee has proposed the increase the wage ceiling under the Employees’ Provident Fund Organization (EPFO). The proposed increase to Rs 21,000 per month from the existing Rs 15,000. According to a report, the government may increase the limit on the salary of employees. The report said, The proposed increase of the salary limit to […]

Oct 2, 2022

EPFO

EPF interest rate approved for FY21-22, to be credited soon

The government has approved 8.1 per cent rate of interest on employees’ provident fund (EPF) deposits for 2021-22, which is expected to be credited around Diwali this year. In March this year, the Employees’ Provident Fund Organisation (EPFO) decided to lower the interest on provident fund deposits for 2021-22 to 8.1 per cent from 8.5 […]

Sep 29, 2022

EPFO

EPFO: Do you know what Annexure K is and its importance?

There are several social security programs under the Employees’ Provident Fund Organisation (EPFO). Employees’ Provident Fund Organisation decided to make available online ‘Annexure-K’, a document that contains details of accounts to new employers. According to a circular issued by EPFO, ‘Annexure -K’ will be provided online to private PF trusts to expedite the transfer of PF accounts. […]

Sep 22, 2022

EPFO

Benefits of Employees Deposit Linked Insurance (EDLI) Scheme

EPFO (Employees’ Provident Fund Organisation) has a component Employees Deposit Linked Insurance (EDLI) that was introduced by the government as a benefit. The EDLI provides extended benefits of life insurance that are provided to the employees working in the private sector. Employees Deposit Linked Insurance Scheme (EDLI) Employees Deposit Linked Insurance Scheme or EDLI is an […]

Sep 20, 2022

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EPFO- Increase retirement age to cut pressure on pension funds

According to an Economic Times report, The Employees’ Provident Fund Organisation (EPFO) backs raising the retirement age to ease pressure on pension funds as it believes that by 2047, India is expected to become an ageing society as around 140 million people are estimated to be above the age of 60 years. EPFO said that […]

Sep 5, 2022

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EPFO Pensioners’ Portal: Beneficial Facility Services Available

When any Employees’ Provident Fund subscriber retires, s/he will be allotted a Pension Payment Order (PPO). This is a 12-digit number given to each pensioner covered by the Employees’ Pension Scheme (EPS). This PPO number helps the subscriber in EPFO Pensioners’ Portal. Recently EPFO in a tweet said, “Services available on Pensioners’ Portal.” #Services available […]

Aug 31, 2022