Employee Provident Fund: HR News, Trends & Workplace Insights

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

Updated on: Aug 2023

EPFO

EPFO adds . lakh net members in June highest since Aug

Aug 21, 2023

EPFO Employers defaulting on contributions are liable to pay damages

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

EPFO

Aug 17, 2023

EPFO states PF interest credit will reflect shortly in the passbook

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

EPFO

Aug 11, 2023

Central Government Ratifies . Interest Rate on EPFO

Recently, The Central Government has ratified the interest rate of employees provident fund ...

EPFO

Jul 24, 2023

EPFO

EPFO adds 16.30 lakh net members during the month of May, 2023

EPFO’s provisional payroll data released on 20th July, 2023 highlights that EPFO has added 16.30 lakh net members in the month of May, 2023. The data reveals that 3,673 establishments have extended social security cover of EPFO to their employees by remitting their first ECR during the month. The data indicates that around 8.83 lakh new […]

Jul 21, 2023

Industry

CBI books EPFO official, 13 Jet Airways employees: PF fraud case

The Central Bureau of Investigation (CBI) has registered an FIR against an EPFO official, and 13 ex-employees of Jet Airways in the PF claims fraud case. The FIR Copy read, “Bamne was found to be involved in various fraudulent activities. While working as Dealing Assistant in Accounts Section in Kandivli, Bamne received illegal gratification in his […]

Jul 14, 2023

EPFO

Higher Pension: Employer’s contribution to EPS will be 9.49%

The Hon’ble Supreme Court, in its judgment dated 04.11.2022 in Civil Appeal No. 8143-8144 of 2022 titled the Employees Provident Fund Organisation & Anr. etc. Vs. Sunil Kumar B. and Ors. etc., while upholding the validity of the amendments made to the Employees’ Pension Scheme,1995 (EPS,1995) vide G.S.R 609 (E) dated 22.08.2014 (effective from 01.09.2014) had […]

May 12, 2023

EPFO

EPFO extends deadline for opting higher pension to June 26

The retirement fund body of the Employees’ Provident Fund Organisation (EPFO) on Tuesday extended the deadline to apply for higher pension till June 26. The initial last date to apply for the provision of a higher pension was March 3, 2023. EPFO has extended the last day to opt for a higher pension by 60 […]

May 3, 2023

EPFO

EPFO deadline for higher pension is ending on May 3, Apply

One of the World’s largest Social Security Organisations, Employees’ Provident Fund Organisation (EPFO) released a circular for eligible employees to opt for a higher pension under Employees Pension Scheme (EPS-95). The earlier last date to apply for the provision of a higher pension was March 3, 2023. EPFO has extended the last day to opt for a […]

Apr 27, 2023

EPFO

EPFO is hiring for over 2500 vacant positions, last date Apr 26

One of the World’s largest Social Security Organisations, Employees’ Provident Fund Organisation (EPFO) is hiring for positions including Stenographer & Social Security Assistant. Details for the position of Stenographer Online Applications are invited for filling up the Post of Stenographer (Group C) in Employees’ Provident Fund Organization.1.1 Candidate can apply for the above posts through […]

Apr 20, 2023

EPFO

EPFO adds 13.96 lakh net members in the month of Feb, 2023

The provisional payroll data of Employees’ Provident Fund Organisation (EPFO) released highlights that EPFO has added 13.96 lakh net members in the month of February, 2023. Out of 13.96 lakh members added during the month, around 7.38 lakh new members have come under ambit of EPFO for the first time. Among the newly joined members, […]

Apr 19, 2023

EPFO

Just before SC hearing EPFO higher pension form was “missing”

Recently, The Employees’ Provident Fund Organisation (EPFO) unified members’ portal has been activated for opting for higher pensions. However, as per the reports of TOI, it stated that the retiree Registration forms on the unified portal for subscribers to sign up for pension went missing for a few hours on Tuesday. This comes just before Supreme […]

Mar 22, 2023

EPFO

EPFO extends last day to opt for higher pension by 60 days

One of the World’s largest Social Security Organisations, Employees’ Provident Fund Organisation (EPFO) has recently released a circular for eligible employees to opt for a higher pension under Employees Pension Scheme (EPS-95). The earlier last date to apply for the provision of a higher pension was March 3, 2023. Now, EPFO has extended the last day to […]

Feb 27, 2023

EPFO

EPFO members are eligible for a higher pension: Will you opt for it?

One of the World’s largest Social Security Organisations, The Employees’ Provident Fund Organisation (EPFO) has released a circular for eligible employees to opt for a higher pension under Employees Pension Scheme (EPS). Earlier, the pension you got was capped at a basic salary of Rs 15,000 a month. Now, it is possible to link it to […]

Feb 24, 2023

EPFO

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

EPFO

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