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The Latest Breaking News from EPFO

EPFO Simplifies PF Withdrawal, no Passbook or Cheque Needed!

Now you can withdraw your PF without the need of your Passbook and Cheque. Read more at Dynamite News

Dynamite News

Karnataka High Court’s verdict cancelling EPF benefits for international workers and its implications | Explained

Karnataka High Court strikes down amendment allowing foreign workers in EPF, citing constitutional violations, potential impact on SSAs - The Hindu explains.

The Hindu

EPFO evaluates course of action on Karnataka HC judgement on foreign workers

EPFO evaluating response to Karnataka High Court judgement on inclusion of foreign workers in provident fund.

The Hindu

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New Regional PF Commissioner takes charge

KOCHI EPFO welcomes new Regional Provident Fund Commissioner, overseeing largest office in Kerala for social security schemes.

The Hindu

Nidhi Aapke Nikat adalat

Nidhi Aapke Nikat, the grievance redressal adalat of the Employees’ Provident Fund Organisation (EPFO), will be held in Kollam on April 29.

The Hindu

EPFO to organise district awareness camp and outreach programme on March 27

EPFO's Nidhi Aapke Nikath-2.0 district awareness camp in Adilabad, Kumram Bheem Asifabad, Mancherial, and Nirmal on March 27, 2024.

The Hindu

Pension concerns: On the EPFO recommendation

The doubling of minimum pension will not result in a strain

The Hindu

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Asst Provident Fund Commissioner among three arrested in bribery case

The CBI has arrested an Assistant Provident Fund Commissioner (APFC) and an Enforcement Officer, both of Employees' Provident Fund Organisation (EPFO), Lucknow and a private person in a case of bribery of Rs 8 lakh. Read further on Dynamite News:

Dynamite News

CBI arrests EPFO officers in bribery case in Lucknow

“The Central Bureau of Investigation (CBI) has arrested an assistant provident fund commissioner and an enforcement officer of the Employees’ Provident Fund Organisation (EPFO), Lucknow, in connection with a ₹8-lakh bribery case,” officials said on January 31.

The Hindu

EPFO adalat on Jan 29

Employers, PF members and PF pensioners can participate to clear doubts and file complaints.

The Hindu

Centre reconstitutes EPFO governing body without representatives from INTUC, AITUC

Centre reconstituted the Central Board of Trustees (CBT) of the Employees Provident Fund Organisation (EPFO) by excluding representatives of the Opposition trade unions INTUC, AITUC and AIUTUC from the panel.

The Hindu

Higher PF pension | Employers get five more months to process applications

EPFO extended the time for employers for uploading and submitting the joint options of employees

The Hindu

The woes of pensioners and PF members

In the most contentious matter of pension computation, the clarification, which states that pension will be calculated as per paragraph 12 of the EPS, also says that the date of commencement of pension will determine the applicable formula for calculation of pensionable service, pensionable salary, and pension.

The Hindu

One year after Supreme Court verdict, EPFO releases FAQs for implementing higher pension

EPFO issues FAQs on implementing Supreme Court verdict on higher Provident Fund pension. FAQs clarify documentary evidence required for joint option, calculation of pensionable salary, and date of commencement of pension.

The Hindu

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The Hindu

Minister promises action on EPFO higher pension delay

Union Labour Minister Bhupender Yadav met representatives of employees and employers in the Central Board of Trustees (CBT) of the Employees Provident Fund Organisation (EPFO) to discuss HR and administrative issues. Complaints of delays in processing joint options of employees for higher pension were raised.

The Hindu

EPFO grievance redressal adalat in Karunagapally

EPFO grievance redressal adalat to be held in Kollam on Nov 28. New establishments and schemes to be explained. Employers, PF members and pensioners can participate to clear doubts and file complaints. Contact 0474 2767645, 0747 2751872 for more info.

The Hindu

Modi government crushed hopes of youth, leading to suicides: Congress

Congress attacks Modi government over unemployment; alleges manipulation of NCRB data. Congress claims data from EPFO, Azim Premji University and CMIE show formal sector employment down and PM's rozgar melas a "mockery" of government functioning.

The Hindu

Morning Digest | India’s elderly population to double to over 20% by 2050, says UNFPA report; EPFO likely to give employers extension to validate joint forms, and more

The Hindu’s Morning Digest brings readers a select list of stories to start the day

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The Hindu

Higher pension | EPFO likely to give employers extension to validate joint forms

EPFO likely to extend deadline for employers to validate joint options for higher PF pension by 3 months. Employers cite technical delays and issues accessing employment details of applicants. Union Labour Ministry considering requests and likely to take lenient view

The Hindu

Pre-2014 retirees may move court against validity of EPFO circulars

Pre-2014 retirees exploring legal challenge to EPFO's December 2022 and January 2023 circulars, which impose "unrealistic" stipulations, rendering them ineligible for higher pension. SC dismissed clarification apps, contempt and review petitions pertaining to Nov 2022 judgment. Challenge to circulars requires writ petitions before HCs/SC.

The Hindu

Data | The contours of India’s ‘formal jobs’ crisis

The Indian government has been using the Employees Provident Fund (EPF) scheme’s data as a measure of payroll employment and formal job creation since 2017. The monthly data released from this initiative has generally shown an increase in the number of contributors, which is portrayed as evidence of employment creation…

The Hindu

EPFO’s IT system collapsing, software causing wastage of time: officers send SOS to Centre

Warning that any delays in procuring new servers and hardware will cost the EPFO and its members “dearly”, the EPF Officers’ Association (EPFOA) has pointed out that they maintain over 25 crore employees’ PF accounts, with a massive corpus of ₹21 lakh crore.

The Hindu

Union government approves 8.15% interest rate for PF deposits

The CBT had recommended an increase to 8.15% from 8.10% interest to the deposits on March 28, 2023. Read more on The Hindu.

Dynamite News

Govt ratifies 8.15 pc interest rate on Employees Provident Fund for 2022-23

The order came after the Finance Ministry’s concurrence to the EPF rate of interest approved by EPFO trustees earlier in March this year. Read further on Dynamite News:

The Hindu

Regional Committee of Employees Provident Fund Organisation conducts meeting

EPFO Regional Committee in Chennai discussed issues to improve performance, address grievances, increase coverage, and curb evasion. Pankaj, Additional Central P.F. Commissioner, announced appointment of nodal officer to monitor grievances and 200 letters issued to employers to bring uncovered contractor employers in fold.

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