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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: Nov 2023
Most recent update on EPS- higher pension, last date Dec
EPFO

Most recent update on EPS- higher pension, last date Dec

Nov 17, 2023

Government starts crediting EPF interest for FY -

The Employees Provident Fund Organisation EPFO has started crediting the interest to provid...

EPFO
Nov 10, 2023
Government starts crediting EPF interest for FY -

EPFO Update EPF marriage advance facility for members

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

EPFO
Nov 8, 2023
EPFO Update EPF marriage advance facility for members

EPFO has already credited interest in more than crore accounts

Union Minister for Labour amp Employment, Environment, Forest amp Climate Change, Shri Bhupender...

EPFO
Nov 4, 2023
EPFO has already credited interest in more than crore accounts
EPFO calls CBT meeting likely to address Higher Pension issues
EPFO

EPFO calls CBT meeting likely to address Higher Pension issues

One of the World’s largest Social Security Organisations, the Employees’ Provident Fund Organisation (EPFO) has asked all board members to be present at the 234th CBT meeting on next Tuesday likely to address Higher Pension issues. Recently, EPFO has extended three months for Employers to upload wage details, etc. online latest by 31.12.2023 regarding Pensions […]

Oct 25, 2023
EPFO adds 16.99 lakh net members during month of August 2023
EPFO

EPFO adds 16.99 lakh net members during month of August 2023

The EPFO provisional payroll data released highlights that EPFO has added 16.99 lakh net members in the month of August, 2023. Year-on-year comparison of payroll data reflects a marginal increase in net members over the previous year of August, 2022. The data reveals that 3,210 establishments have extended social security cover of EPFO to their […]

Oct 21, 2023
EPFO extends deadline for higher pension options by 3 month
EPFO

EPFO extends deadline for higher pension options by 3 month

Earlier an online facility was made available by EPFO for submitting Applications for Validation of Options/Joint Options for pension on higher wages. The facility was made available by EPFO 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 available only till […]

Sep 30, 2023
EPFO: Salient Features of Employees’ Deposit Linked Insurance
EPFO

EPFO: Salient Features of Employees’ Deposit Linked Insurance

There are several social security programs that have been introduced under the Employees’ Provident Fund Organisation (EPFO). Recently, Employees’ Provident Fund Organisation (EPFO) has 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 EDLI scheme.” Salient features of the […]

Sep 29, 2023
EPFO asked zonal offices to prepare budgets for pension schemes
EPFO

EPFO asked zonal offices to prepare budgets for pension schemes

The Employees’ Provident Fund Organisation (EPFO) has asked for Revised Estimates for the year 2023-24 and Budget Estimates for the year 2024-25 in respect of Employees’ Provident Funds Scheme, 1952 (including Employees’ Pension Scheme, 1995) and Employees’ Deposit-Linked Insurance Scheme, 1976 from the Zonal Offices. The EPFO circular reads, “In accordance with the provisions regarding […]

Sep 22, 2023
EPS’95 pensioners can submit Life Certificate at any time for 1 year
EPFO

EPS’95 pensioners can submit Life Certificate at any time for 1 year

EPFO announced that that EPS’95 Pensioners can now submit a Life Certificate at any time which will be valid for 1 year from the date of submission. The Digital Life Certificate for Pensioners Scheme of the Government of India known as Jeevan Pramaan seeks to address this very problem by digitizing the whole process of […]

Sep 21, 2023
EPFO highest payroll addition 18.75 lakh net members in July
EPFO

EPFO highest payroll addition 18.75 lakh net members in July

EPFO’s provisional payroll data released highlights that EPFO has added 18.75 lakh net members in the month of July, 2023. The addition during the month is the highest since first publishing of EPFO payroll data from April, 2018 covering the period of September, 2017 onwards. A growing trend is continued since last three months with […]

Sep 21, 2023
EPFO has shared Benefits of Pension & EDLI Calculator
EPFO

EPFO has shared Benefits of Pension & 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 from the official Twitter handle saying, “Benefits […]

Sep 18, 2023
CBI court sentences PF office staffer to 03 years jail for accepting bribe
Industry

CBI court sentences PF office staffer to 03 years jail for accepting bribe

The Central Bureau of Investigation (CBI) court has sentenced a staff of the Provident Fund (PF) office in Navi Mumbai to three years in jail. The employee Kallakuri Vijay Ramarao was found guilty of charges under the Prevention of Corruption Act. He has been sentenced to three years of imprisonment and imposed a fine of Rs. 50,000 Harpreet Singh Saluja, President […]

Sep 18, 2023
Aatmanirbhar Bharat Rozgar Yojana Surpasses Employment Generation Target
EPFO

Aatmanirbhar Bharat Rozgar Yojana Surpasses Employment Generation Target

The Central Government’s innovative employment incentive scheme, the Aatmanirbhar Bharat Rozgar Yojana (ABRY), has exceeded its initial employment generation goals, showcasing its success in fostering job creation and recovery during the COVID-19 pandemic. Launched effectively from October 1, 2020, the ABRY was designed to stimulate the creation of new job opportunities by extending financial support […]

Sep 11, 2023
Employers will pay damages & interest on amount due, @Rate…
EPFO

Employers will pay damages & interest on amount due, @Rate…

One of the World’s largest Social Security Organisations, The Employees’ Provident Fund Organisation (EPFO) employers defaulting on contributions are liable to pay damages and Interest on the amount due. The Employees Provident Fund Organisation said that employers defaulting on contributions are liable to pay Damages u/s 14B and interest u/s 7Q on the due amount. The employers […]

Sep 11, 2023
EPFO issues fresh guidelines for granting exemption to establishments
EPFO

EPFO issues fresh guidelines for granting exemption to establishments

The Employees’ Provident Fund Organisation (EPFO) has issued a fresh standard operating procedure (SOP). These SOPs describe the process and proposals of establishments seeking exemptions from the operation of the Employee Provident Fund (EPF) scheme. INTRODUCTION Establishments that seek to maintain their own Provident Fund Trusts apply for a grant of exemption under Section 17 […]

Sep 7, 2023