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: Feb 2025

EPFO

Higher Pension EPS- EPFO to Process All Applications by March

Feb 27, 2025

EPFO Extends UAN-Aadhaar Linking Deadline for ELI Scheme Benefits

Employees Provident Fund Organisation EPFO has extended the deadline for linking the Univer...

EPFO

Feb 26, 2025

EPFO to Extend Pension Benefits to Gig and Platform Workers

Ministry of Labour and Employment is set to introduce a policy granting pension benefits to gig and ...

EPFO

Feb 8, 2025

Budget - EPF NPS boost Tax Savings for salaried people

Finance Minister Smt. Nirmala Sitharaman has introduced updates aimed at providing relief to the mid...

Editorial

Feb 6, 2025

Latest news: Budget - EPF NPS boost Tax Savings for salaried people - SightsIn Plus

EPFO

Latest Update EPS-95: Nearly 22,000 People Got Higher Pension

The Employees’ Provident Fund Organisation (EPFO) has received a total of 17,48,768 applications from members and pensioners seeking higher pensions under the Employees’ Pension Scheme (EPS) 1995. This scheme allows individuals to receive a higher pension by making increased contributions. The Minister of State for Labour & Employment, Shobha Karandlaje, shared this information in a […]

Feb 5, 2025

EPFO

New Pension Scheme for Government Staff: Benefits and Eligibility

Indian government has announced the implementation of the Unified Pension Scheme (UPS), set to take effect from April 1, 2025. This new scheme aims to provide financial security and stability for central government employees post-retirement. The UPS was approved by the Union Cabinet on August 24, 2024, and is designed to combine aspects of both […]

Jan 27, 2025

EPFO

Union Minister Reviews EPFO Performance, Directs Improvements

Union Labour Minister Mansukh Mandaviya has directed officials of Employees’ Provident Fund Organisation (EPFO) to enhance the claim settlement process and ensure timely grievance redressal. This directive was issued during a virtual review meeting aimed at evaluating the performance of EPFO’s regional offices. The review meeting, held on January 24, 2025, was attended by Union […]

Jan 25, 2025

EPFO

EPFO Membership Grows by 14.63 Lakh in November 2024

Employees’ Provident Fund Organisation (EPFO) has released provisional payroll data for November 2024, revealing a net addition of 14.63 lakh members. This significant increase underscores the growing employment opportunities and heightened awareness of employee benefits in India. In November 2024, EPFO registered a net addition of 14.63 lakh members, marking a 9.07% increase compared to […]

Jan 23, 2025

EPFO

EPFO Sets New Deadlines for Higher Pension Cases Processing

The Employees’ Provident Fund Organisation (EPFO) has raised concerns about delays in processing pension applications for higher wages under the Employees’ Pension Scheme. Central Provident Fund Commissioner Ramesh Krishnamurthi emphasized the urgency of addressing these delays, particularly given the Supreme Court’s timeline for completing the process. Despite multiple guidelines issued to streamline the process, progress […]

Jan 21, 2025

EPFO

EPFO Rolls Out New Centralized Pension Payments System-CPPS

In a major step to improve pension services, the Employees’ Provident Fund Organization (EPFO) successfully rolled out the new Centralized Pension Payments System (CPPS) under the Employees’ Pension Scheme 1995 in December 2024. This reform ensures seamless pension disbursement for over 68 lakh pensioners across all 122 regional offices. For December 2024, approximately ₹1,570 crore […]

Jan 4, 2025

EPFO

EPFO Rules 2025: Key Changes to Expect in PF Regulations

EPFO is set to undergo several significant changes in 2025, impacting millions of salaried individuals across India. These changes aim to enhance the retirement savings experience, streamline processes, and improve transparency for both employees and employers. Here are some important new rules which could be implemented in 2025 to benefit EPFO members. EPFO 2025: ATM […]

Dec 30, 2024

EPFO

EPF and ESIC Registrations Drop as Formal Job Slows in October

In October 2024, formal job growth in India experienced a significant slowdown, as reported by MoSPI reflecting from decline in EPF & ESIC data. EPF and ESIC both saw declines in new registrations, raising concerns about the overall health of the formal job market. EPF and ESIC Decline The number of new subscribers to EPF […]

Dec 27, 2024

EPFO

EPFO Adds 13.41 Lakh Net Members, Youth Dominates

EPFO has reported a significant increase in its membership numbers for October 2024, with a net addition of 13.41 lakh members. This growth is indicative of increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO’s effective outreach initiatives. EPFO: New Membership and Youth Dominance Out of the total new members, 7.50 lakh […]

Dec 26, 2024

EPFO

EPFO PF Withdrawal Process with E-Wallets and ATM Access

Employees’ Provident Fund Organization (EPFO) is set to revolutionize provident fund (PF) withdrawal process by introducing e-wallet access and ATM withdrawals. This employee-friendly initiative aims to make withdrawals faster and more convenient for millions of employees across India. EPFO PF Withdrawal: Current Process and Challenges Currently, employees have to rely on EPFO portal to receive […]

Dec 21, 2024

EPFO

EPFO extends deadline Jan 31 for EPS-95 higher pension uploads

EPFO has announced an extension of the deadline for employers to process and upload pending applications for higher pensions under EPS 1995. This extension comes as a response to multiple requests from employers and their associations for additional time to complete the required submissions. The final deadline for employers to upload wage details and process […]

Dec 19, 2024

EPFO

Govt Must Implement Enhanced EPS-95 Pension Immediately: Premachandran

On Monday, NK Premachandran of the Revolutionary Socialist Party (RSP) called for the immediate implementation of the enhanced pension scheme, as approved by the Supreme Court. The Court’s ruling on November 4, 2022, allowed existing employees to opt for a higher pension under the Employees’ Pension Scheme (EPS) of 1995. Premachandran emphasized that employees are […]

Dec 16, 2024