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Employee Provident Fund Organization: HR News, Trends & Workplace Insights

Latest Employee Provident Fund Organization HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Employee Provident Fund Organization.

Updated on: Jul 2024
EPFO Added a Historic Number of Members in May - Ministry
EPFO

EPFO Added a Historic Number of Members in May - Ministry

Jul 22, 2024

EPFO adds . lakh net members during April

EPFO released provisional payroll data highlighting that EPFO has added . lakh net members in Ap...

EPFO
Jun 20, 2024
EPFO adds . lakh net members during April

EPFO adds . lakh net members during March

One of the two main social security organization, The Employees Provident Fund Organisation ...

EPFO
May 21, 2024
EPFO adds . lakh net members during March

EPFO launches Auto Claim Settlement for Education, Marriage, Housing

ThenbspEmployees Provident Fund Organisation EPFO has now introduced auto-mode settlement...

EPFO
May 14, 2024
EPFO launches Auto Claim Settlement for Education, Marriage, Housing
EPFO wage ceiling may increase to Rs. 21,000 from Rs. 15,000
EPFO

EPFO wage ceiling may increase to Rs. 21,000 from Rs. 15,000

As reported by ET, one of the two main social security organizations under the Government of India’s Ministry of Labour and Employment, the Employees’ Provident Fund Organisation (EPFO) is expected to increase the wage ceiling to Rs. 21,000 from Rs. 15,000. After being sidelined for years, the proposal is getting fresh attention. In 2014, the government revised […]

Apr 12, 2024
HR Manager demanded sex favour for deceased father’s PF
EPFO

HR Manager demanded sex favour for deceased father’s PF

In the latest development, an incident surfaced from Mumbai where an HR Manager demanded sexual favors in exchange for releasing a 23-year-old girl’s deceased father’s Provident Fund (PF). The incident was reported by TOI, In the complaint, the woman said: “Despite submitting multiple forms to claim the PF, I did not receive it.” “After being […]

Mar 23, 2024
EPFO officer arrested by CBI for accepting bribe
Industry

EPFO officer arrested by CBI for accepting bribe

The Central Bureau of Investigation (CBI) has arrested an accused Enforcement Officer, EPFO, Tirunelveli, Tamil Nadu while accepting a bribe amount of Rs. 2 lakh from the complainant. The CBI has initiated a case against an Enforcement Officer from EPFO, Tirunelveli, Tamil Nadu, on the grounds of a complaint. The accused is alleged to have […]

Feb 20, 2024
EPFO fixes 3-year high interest rate of 8.25% for FY 2023-24
EPFO

EPFO fixes 3-year high interest rate of 8.25% for FY 2023-24

One of the World’s largest Social Security Organisations, the Employees’ Provident Fund Organisation (EPFO) has fixed the interest rate as 8.25 % for FY 2023-24. The Central Board recommended an annual rate of interest of 8.25% to be credited on EPF accumulations in members’ accounts for the financial year 2023-24. This interest rate will be […]

Feb 10, 2024
EPFO adds 13.95 lakh net members during November 2023
EPFO

EPFO adds 13.95 lakh net members during November 2023

One of the World’s largest Social Security Organisations, The Employees’ Provident Fund Organisation (EPFO) has released its provisional payroll data on 20th January, 2024. The data highlights that EPFO has added 13.95 lakh net members in November 2023. However, In October 2023 EPFO added 15.29 lakh net members. The data indicates that around 7.36 lakh new members enrolled in […]

Jan 22, 2024
EDLI to provide benefit up to Rs. 7 lakh paid to the nominee
EPFO

EDLI to provide benefit up to Rs. 7 lakh paid to the nominee

Several social security programs have been introduced under the Employees’ Provident Fund Organisation (EPFO). Recently, the Employees’ Provident Fund Organisation (EPFO) 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 the EDLI scheme.” Employees' Deposit Linked Insurance (EDLI) Scheme, […]

Jan 8, 2024
EPFO extends last date to upload wage details for higher pension by 5 months
EPFO

EPFO extends last date to upload wage details for higher pension by 5 months

One of the World’s largest Social Security Organisations, the Employees’ Provident Fund Organisation (EPFO) has extended the last date to upload wage details for higher pension by 5 months. Earlier, EPFO facility was 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 […]

Jan 4, 2024
EPFO has issued SOPs to freeze, defreeze EPF accounts
EPFO

EPFO has issued SOPs to freeze, defreeze EPF accounts

The EPFO has recently issued a circular for “Standard Operating Procedure (SOP)” for freezing and de-freezing of provident fund (PF) accounts”. The SOPs can provide for a time-bound methodology for freezing MIDs/UANs/Establishments on account of verification requirement, as a measure of due diligence to secure the funds in these MIDs/UANs/Establishments and the subsequent de-freezing, wherever […]

Dec 28, 2023
EPFO releases FAQs on issues linked to higher pension
EPFO

EPFO releases FAQs on issues linked to higher pension

One of the World’s largest Social Security Organisations, Employees’ Provident Fund Organisation (EPFO) has issued an updated set of FAQs (Revised) Frequently Asked Questions (FAQs) for the field offices for Implementation of the Judgment of the Hon’ble Supreme Court dated 04.11.2022. EPFO circular is currently issued saying, “Frequently Asked Questions (FAQS) for Implementation of Judgment […]

Dec 14, 2023