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The Employees' Provident Fund Organisation (EPFO) is the statutory body under the Government of India's Ministry of Labour and Employment, which is responsible for regulation and management of provident funds in India. The EPFO administers the mandatory provident fund. It also manages social security agreements with other countries. International workers are covered under EPFO plans in countries where bilateral agreements have been signed. As of May 2021, 19 such agreements are in place. The EPFO's top decision-making body is the Central Board of Trustees (CBT), a statutory body established by the Employees' Provident Fund and Miscellaneous Provisions (EPF More

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  • Higher pension: EPFO field officers get 20 days to complete assessment of joint applications June 03, 2023 09:02 PM IST

    Higher pension: EPFO field officers get 20 days to complete assessment of joint applications

    The deadline for employees to file their joint applications to claim pension on their actual, instead of statutory salary, is June 26.

  • EPFO adds 13.4 lakh members in March, 1.39 crore in 2022-23 May 20, 2023 07:21 PM IST

    EPFO adds 13.4 lakh members in March, 1.39 crore in 2022-23

    Among the newly joined members, the highest enrolment is registered in the age group of 18-21 years with 2.35 lakh members, followed by the age group of 22-25 years with 1.94 lakh members.

  • EPFO gives time till June 26 to file application for higher pension May 03, 2023 06:47 AM IST

    EPFO gives time till June 26 to file application for higher pension

    The extension comes a day before the current deadline for the submission of applications was set to expire.

  • Six changes in the financial landscape you need to take note of this May May 02, 2023 11:27 AM IST

    Six changes in the financial landscape you need to take note of this May

    From opting for higher pension to strengthening the conduct of investment advisers and research analysts, and e-wallets to comply with KYC norms for investing in mutual funds to SBI card reducing benefits to credit cardholders, a lot is happening. Here’s what to watch out for in May.

  • Deadline for choosing higher pension option extended to June 26: Your key questions answered May 03, 2023 08:33 AM IST

    Deadline for choosing higher pension option extended to June 26: Your key questions answered

    While higher pension is desirable, numerous rules and grey areas make the decision-making process a complex affair. Here is a list of things you need to be aware of.

  • May 3rd is the last date to apply for higher pension from EPS, check how to apply May 02, 2023 12:59 PM IST

    May 3rd is the last date to apply for higher pension from EPS, check how to apply

    Employees opting for a higher pension contribution will be required to make the additional contribution of 1.16 percent to be moved from the employee’s share of the Provident Fund to the Pension Scheme.

  • EPF e-passbook facility remains under the weather April 25, 2023 11:16 AM IST

    EPF e-passbook facility remains under the weather

    All other online services, including the UMANG app, have been restored, says the social security organisation. The EPFO e-passbook facility is very popular as users frequently access it to ascertain their EPF balance and the status of interest credit for the financial year.

  • EPFO adds 13.96 lakh net new members in February April 20, 2023 07:49 PM IST

    EPFO adds 13.96 lakh net new members in February

    The provisional payroll data of the Employees' Provident Fund Organisation released on Thursday highlighted that EPFO has added 13.96 lakh net members in February 2023.

  • EPFO sets 8.15% interest rate on provident fund for this fiscal March 28, 2023 11:38 AM IST

    EPFO sets 8.15% interest rate on provident fund for this fiscal

    EPFO had declared 8.1 percent as the rate of interest for 2021-22, which is the lowest in four decades. The last time the interest rate slipped to 8 percent was in 1977-78

  • EPFO continues to invest in Adani Ports, Adani Enterprises despite the recent rout March 27, 2023 01:35 PM IST

    EPFO continues to invest in Adani Ports, Adani Enterprises despite the recent rout

    The EPFO board is meeting on March 27 and 28 to discuss the higher salary-linked pension, FY23 interest rates and annual financial estimates. Its investment in Adani stocks could be taken up for discussion

  • EPFO board meeting begins today: Pension, interest rates & all you need to know March 27, 2023 10:54 AM IST

    EPFO board meeting begins today: Pension, interest rates & all you need to know

    The decisions taken by the board will affect around 6 crore active EPFO subscribers. Here’s a look at the issues that will likely be taken up during the two-day meeting of the Central Board of Trustees

  • EPFO adds 14.86 lakh members in January 2023 March 20, 2023 08:23 PM IST

    EPFO adds 14.86 lakh members in January 2023

    Around 3.54 lakh members exited the fold of EPFO which was the "lowest exit" in the last four months, the ministry said.

  • EPF rate to remain at around 8%: Report March 05, 2023 09:46 AM IST

    EPF rate to remain at around 8%: Report

    The interest rate is anticipated to remain close to 8 percent as the EPFO calculates its earnings

  • Applying for higher EPFO pension? Key factors you must consider March 06, 2023 07:35 AM IST

    Applying for higher EPFO pension? Key factors you must consider

    Employees and employers have to submit a joint declaration before May 3 for employees to be eligible for higher pension in line with the Supreme Court’s November 2022 verdict.

  • Deadline Extended: EPFO members can apply for enhanced pension benefits till this date February 27, 2023 11:22 AM IST

    Deadline Extended: EPFO members can apply for enhanced pension benefits till this date

    A new process was introduced by EPFO last week, which allows both employees and their employers to apply together for an increased pension under the Employees' Pension Scheme (EPS).

  • Moneycontrol Selects: Top stories this evening February 22, 2023 06:44 PM IST

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles to help you stay at the top of your game.

  • EPFO members now eligible for higher pension: Should you opt for it? February 23, 2023 02:27 PM IST

    EPFO members now eligible for higher pension: Should you opt for it?

    A higher pension, however, reduces your Employees’ Provident Fund corpus at retirement.

  • EPFO adds 14.93 lakh members in December 2022, 2% higher YoY February 20, 2023 07:38 PM IST

    EPFO adds 14.93 lakh members in December 2022, 2% higher YoY

    The provisional payroll data of Employees' Provident Fund Organisation (EPFO) released on Monday highlighted that the body has added 14.93 lakh members in the month of December, 2022.

  • EPFO trustees flag issue of non-credit of interest on EPF for 2021-22 February 20, 2023 06:11 PM IST

    EPFO trustees flag issue of non-credit of interest on EPF for 2021-22

    Hind Mazdoor Sabha General Secretary Harbhajan Singh Sidhu said, "About ten days ago, I raised the issue of non-crediting of interest rate of 8.1 per cent for 2021-22 with the EPFO officials. They told me that there is some issue with the system (software) and it would be resolved soon."

  • EPFO unveils procedure to apply for higher pension under Employees Pension Scheme February 20, 2023 05:10 PM IST

    EPFO unveils procedure to apply for higher pension under Employees Pension Scheme

    Earlier in November 2022, the Supreme Court had upheld Employees Pension (Amendment) Scheme 2014.

  • EPFO adds 16.26 lakh net subscribers in November 2022 January 20, 2023 06:22 PM IST

    EPFO adds 16.26 lakh net subscribers in November 2022

    The provisional payroll data of Employees' Provident Fund Organisation (EPFO) released on Friday by the ministry highlighted that the EPFO has added 16.26 lakh net members in the month of November 2022.

  • Finally! EPF online passbook facility now up and running January 19, 2023 10:01 AM IST

    Finally! EPF online passbook facility now up and running

    After more than a week of being inaccessible to employees’ provident fund (EPF) passbook, the facility was finally restored, allowing members to check their balance and interest credit details

  • US-based Exusia summoned by PF Commissioner for non-payment of dues January 15, 2023 01:54 PM IST

    US-based Exusia summoned by PF Commissioner for non-payment of dues

    Several ex-employees have alleged that the company has been deducting TDS and PF from employees' salaries but not depositing the same.

  • EPFO’s e-passbook facility still down as on January 13 January 13, 2023 03:43 PM IST

    EPFO’s e-passbook facility still down as on January 13

    The e-passbook facility provided by the Employees’ Provident Fund Organisation is a popular one where subscribers can check monthly contributions being by their employers as well as employee contribution and their overall EPF balance.

  • EPFO implements Supreme Court order, gives option for higher pension to eligible subscribers December 31, 2022 01:25 PM IST

    EPFO implements Supreme Court order, gives option for higher pension to eligible subscribers

    The apex court in its order gave four more months to eligible subscribers to opt for higher pension under EPS-95.