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EPFO REFORMS
NPS growth, performance, market-linked annuities; Sriram Iyer, CEO of HDFC Pension, talks about India’s changing retirement landscapeIndia's retirement planning is evolving with rising private sector NPS participation and evolving annuity products. While government contri...- Withdrawal of retirement funds soon to be automated: EPFOThe Employees Provident Fund Organisation, EPFO, will soon automate final provident fund withdrawal claims. This will speed up money transf...
- Noida protest: Minimum wage hikes may push workers out of EPFO net, say expertsMinimum wage hikes in Uttar Pradesh and Haryana are impacting Provident Fund coverage. Workers earning above Rs 15,000 may now opt out of m...
- 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...
- EPFO rolls out Employee Enrollment Scheme 2025A new Employee Enrollment Scheme 2025 will encourage employers to enroll eligible employees with EPFO. Starting November 1, 2025, employers...
- 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 ...
- EPFO 3.0 rollout soon, subscribers can withdraw funds from ATMs: Mansukh MandaviyaUnion Labour Minister Mansukh Mandaviya announced that the EPFO will launch its 'EPFO 3.0 version' soon. This upgrade allows subscribers to...
- EPFO employees can now shift from National Pension System (NPS) to Unified Pension Scheme (UPS)The 112th meeting of the executive committee (EC) of the central board of trustees, EPF under labour and employment secretary Sumita Dawra ...
- 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...
- 68 lakh pensioners to gain from EPFO's new Centralized Pension System across regional officesThe EPFO has completed the nationwide rollout of its Centralized Pension Payments System (CPPS), benefiting over 68 lakh pensioners. The ne...
- Plans afoot to bring EPFO service at par with banking, says top officialThe retirement fund body EPFO is upgrading its systems. Subscribers will soon access services like banks. They can withdraw claims using AT...
- Govt may raise EPFO wage ceiling and lower employee threshold for enhanced social security for workersThe Indian government is considering raising the wage ceiling for the Employees' Provident Fund Organisation (EPFO) to ₹21,000 and lowering...
- EPFO board will meet on November 23 to approve Central Pension Payment SystemThe central board of trustees of EPFO will meet on November 23 to approve the central pension payment system and Annual Report 2023-24. The...
- Labour Secretary Sumita Dawra chairs review meeting on EPFO reformsLabour & Employment Secretary Sumita Dawra praised the EPFO's automation of claim settlements to reduce rejections, as per an official stat...
- EPFO undertakes multiple systemic reforms to enhance ease of doing business; improve ease of livingEPFO rules: At a review meeting, chaired by labour secretary Sumita Dawra, EPFO said the number of auto transfers generated by the retireme...
- Capacity boost for EPFO, ESIC to pave way for labour reformsThe Social Security Code, 2020, passed by Parliament in 2020, entails extending social security to gig and platform workers. Some of the ch...
- EPFO to undergo revamp as user base gets biggerSome of the changes envisioned for the retirement fund body in the short, medium, and long term include restructuring of EPFO offices, busi...
- Now, registration for EPFO, ESIC to be done on corporate ministry portal"As part of the ongoing efforts to improve India’s ranking in the doing business report 2021, ministry of labour and employment has complet...
- EPFO’s steadfast refusal to reformEPFO has decided to pay a higher return of 8.75% in this fiscal compared to 8.5% last year, without making the manner of financing the payo...
- EPFO: Workers should be given a choice to move to NPSThe Employees Provident Fund Organisation (EPFO) should not waste any more time in putting its house in order.
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