EPFO: HR News, Trends & Workplace Insights

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

Updated on: Mar 2022

EPFO

EPFO announces the net subscribers added in the month of January

Mar 21, 2022

Trade union body calls for Pan-India strike against EPFO proposal

According to TOI report, the All India Trade Union Congress AITUC has called for an all-India stri...

Labour Law

Mar 14, 2022

Trade union body calls for Pan-India strike against EPFO proposal

EPFO has slashed Interest Rate for -, lowest in over decades

The retirement fund body, Employees Provident Fund Organisation EPFO has voted on Saturday to pay ...

EPFO

Mar 12, 2022

EPFO mulls a new pension scheme for organised sector workers

Retirement fund body EPFO is mulling a new pension product for organised sector workers who are gett...

EPFO

Feb 21, 2022

EPFO

EPFO announces data of net subscribers added during December 2021

The provisional payroll data of EPFO released on 20th February 2022 highlights that EPFO has added 14.60 lakh net subscribers during December 2021. Comparison shows an increase of around 2.06 lakh in net payroll additions in December 2021 as compared to 12.54 lakh net subscribers added during the corresponding month previous year. For the month of […]

Feb 21, 2022

EPFO

EPFO to announce a big news for EPF subscribers next month

EPFO apex decision-making body Central Board of Trustee will take a call on the interest rate on employees’ provident fund deposits for 2021-22 in its meeting next month. “The Employees’ Provident Fund Organisation (EPFO) CBT meeting will be held in Guwahati in March where proposal for interest rate for 2021-22 would be listed as it […]

Feb 14, 2022

Survey & Report

EPFO data shows significant improvement in the job market, Survey

An analysis of the latest Employees’ Provident Fund Organisation (EPFO) data suggests a significant acceleration in formalisation of the job market, driven by both new formal jobs and formalisation of existing jobs, during 2021, with 13.95 lakh net addition to EPF subscribers in November 2021. “Broadly, the EPFO data covers the low paid workers in […]

Feb 7, 2022

EPFO

EPFO onboards Air India for social security coverage

EPFO onboards Air India for social security coverage to service the Social Security needs of their employees. Air India Ltd applied for voluntarily covered u/s 1(4) of the EPF & MP Act 1952 which has been allowed vide gazette notification dated 13.01.2022 w.e.f. 01-12-2021. The social security benefits will be provided to around 7,453 employees […]

Jan 29, 2022

EPFO

BMS demands pension hike; nationwide protest outside the EPFO offices

The Bharatiya Mazdoor Sangh (BMS) holds a nationwide protest from 20th January outside the offices of the Employees Provident Fund Organisation (EPFO), demanding a hike in EPS95 pension from Rs. 1,000 to Rs. 5,000 per month. BMS demands pension should be 50% of last drawn wages for all workers.Chalo pf office on 20th January 2022@LabourMinistry @byadavbjp @PTI_News […]

Jan 22, 2022

EPFO

EPFO added 13.95 lakh net subscribers in November 2021

The provisional payroll data of EPFO released on 20th January 2022 highlights that EPFO has added 13.95 lakh net subscribers during the month of November 2021, showing an increase of around 2.85 lakh net additions over the previous month of October 2021 with a growth rate of 25.65%. A year-on-year comparison of payroll data also shows […]

Jan 21, 2022

Industry

Labour Minister interacts with HR Heads of Industry from various sectors

In first of its kind, Shri Bhupender Yadav, Union Minister for Labour and Employment, interacted with Human Resource Heads of Industry representing various sectors, including from manufacturing, staffing agency, automobile, construction, hotel industries etc. Held an engaging interaction with top HR heads of industries across India. Discussed a range of issues, including enhancing employability and […]

Jan 14, 2022

EPFO

How EPFO helps those who are facing financial crunch in COVID 3rd wave

As the number of Covid-19 cases surged in India because of the highly transmissible Omicron variant spread. Many EPFO members may be facing a financial crunch due to the adverse impact on employment and jobs. In March 2020, the government had announced that any EPF subscriber can withdraw a certain sum from their Employees’ Provident […]

Jan 14, 2022

EPFO

EPFO extends e-nomination last date without any further deadline

The Employees Provident Fund Organisation (EPFO) on Thursday clarified that account holders can add nominees to their Employees Provident Fund (EPF) accounts even after December 31, and no deadline has been set for the same till now. Empower your family, file enomination. #EPFO pic.twitter.com/sY8EjuDjSs — EPFO (@socialepfo) December 29, 2021 Earlier, this was tweeted by […]

Dec 31, 2021

EPFO

EPFO has made it compulsory to designate nominee, deadline is Dec 31

The Employees’ Provident Fund Organisation (EPFO) has made it compulsory for all EPF subscribers to designate a nominee for providing Social Security to their families. The last date for adding the nominee is December 31, 2021. If you fail to add the nominee before the deadline ends, it could lead few problems including the loss of […]

Dec 23, 2021

EPFO

Air India employees to come under the ambit of EPFO from Jan 1, 2022

According to an ET report, after disinvestment, and acquisitions by Tata Group thousands of Air India and Indian Airlines employees will come under the ambit of EPFO (Employees Provident Fund Organization) from January 1, 2022. Air India is supposed to shift all of its employees’ from the provident fund trust to the Employees’ Provident Fund […]

Dec 18, 2021

EPFO

EPFO has credited 8.5% interest in 23.34 crore account holders for FY21

Employees’ Provident Fund Organisation (EPFO) has credited an interest rate of 8.50 per cent in 23.34 crore account holders for the financial year (FY) 2020-21, EPFO confirmed on Twitter. Today, December 13, 2021, the Employees’ Provident Fund Organisation said in a tweet, “23.34 crore accounts have been credited with an interest of 8.50% for the […]

Dec 13, 2021