The Employees’ Provident Fund Organisation (EPFO) has introduced major reforms to make EPFO claim settlement faster and easier for its members. These changes include simplified documentation, faster approvals, and the removal of unnecessary delays. Millions of employees will now benefit from a smoother process when withdrawing their provident fund (PF) money. No More Cancelled Cheques … Read more
The EPFO EDLI Scheme 2025 has introduced major updates to improve financial security for families of deceased Employees’ Provident Fund (EPF) members. These changes aim to ensure that more families receive insurance benefits, even in cases where the member had a short service period or employment gaps. Minimum Insurance Benefit of Rs 50,000 Under EPFO … Read more
The Employees’ Provident Fund Organisation (EPFO) is set to implement a major pension increase under the Employees’ Pension Scheme (EPS). The proposal aims to raise the minimum pension from ₹1,000 to ₹3,000 per month, with discussions about a possible further increase to ₹7,500 in the future. This move is part of ongoing reforms to provide … Read more
The Employees’ Provident Fund Organisation (EPFO) has announced several important rule changes in 2025 to improve the experience of employees and pensioners. These changes focus on simplifying processes, enhancing financial security, and making fund transfers easier. Simplified Joint Declaration Process EPFO has made it easier for members to update their details. Employees with Aadhaar-verified Universal … Read more