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EPFO CLAIM SETTLEMENT
EPFO may raise minimum pension under EPS-95; settles 83.1 million claims in 2025-26Labour and employment minister Mansukh Mandaviya, Wednesday, said that the Employees’ Provident Fund Organisation (EPFO) settled 6.103 mill...
Will EPF interest rate rise to 10%? Central government clarifies stance on rate hike and feasibilityThe government has stated it has not received formal requests from labour unions to raise the Employees Provident Fund interest rate to 10%...
EPFO plans auto-settlement to clear Rs 5,200 crore in inoperative accountsThe Employees' Provident Fund Organisation is developing an auto-settlement system. This will help subscribers claim unclaimed money from i...
EPFO 3.0: Government reveals status of centralised pension system, auto claim settlement and EPF account transfer claimsThe government has provided an update on EPFO 3.0 reforms. Key developments include faster claim settlements and an expanded subscriber bas...
EPF withdrawal claim: Do you need to submit any documents while withdrawing money from your EPF account?Many EPF members are confused whether they are required to submit any documentary evidence while submitting an EPF withdrawal claim to the ...
EPFO increases auto-settlement limit for EPF advance claims from Rs 1 lakh to Rs 5 lakhs: Mansukh MandaviyaEPF auto-claim limit increased: The Union Minister for Labour & Employment has announced the increase in auto-settlement limit for advance ...
Provident Fund boost for 7.5 crore Indians! Govt to raise auto settlement of PF withdrawal limit to ₹5 lakhThe EPFO has decided to enhance the auto settlement of advanced claim (ASAC) limit from Rs 1 lakh to Rs 5 lakh, aiming to improve the ease ...
EPFO settles record 5-cr claims worth over Rs 2 lakh cr in FY25Labour Minister Mansukh Mandaviya has announced that EPFO has crossed the 5 crore claims settlement mark in FY25. Due to multiple reforms l...
Road map in works to speed up EPFO claim settlementsThe Ministry of Labour and Employment has established a committee to improve the auto claim settlement process at EPFO, targeting reduced m...
PF claim settlement rule change: Now EPF members will get more interest money on EPF withdrawal, faster settlementNew EPF claim settlement rule: The EPFO has announced changes in Para 60(2)(b) of the EPF Scheme, 1952. The changes announced in the Employ...
New EPF account rules in May: EPFO made these four major changes to the EPF account, claims process in May 2024New EPF rules: The changes include an extended facility of auto-settlement, multi-location claim settlement, faster New rule for EPF death ...
Faster EPF claim settlement: EPFO multi-location claim settlement to speed up member claimsFaster EPF claim settlement: By allowing for multi-location claim settlement, this feature will speed up member claims processing and repla...
EPFO settles 94.41 lakh claims worth Rs 35,445 cr during April-AugustRetirement fund body EPFO has settled 94.41 lakh claims totalling Rs 35,445 crore during April-August despite COVID-19 related restrictions...
EPFO launches multi location claims settlement facilityAll types of online claims, i.e., provident fund, pension, partial withdrawal and claims and transfer claims can be processed under this no...
Online EPF withdrawal, pension fixation to be a reality by MayEPFO offices would be connected to central server in couple of months following which the facility of online submission of all sort of appl...
Give priority to claim settlements, Labour Minister tells EPFOEPFO should give priority to timely transfer and withdrawal of provident funds as well pension claims by employees, Labour Minister Sis Ram...
Online PF transfer claim settlement to be a reality by August endRetirement fund body EPFO will be able to operationalise the facility of online settlement of provident fund (PF) transfer claims by August...