The Employees’ Provident Fund Organisation (EPFO) plays a critical role in ensuring social security through the Employees’ Pension Scheme (EPS) 1995. A key component of this scheme is the efficient disbursement of pensions to millions of pensioners across India. As of 31st March 2024, EPFO has updated its list of pension disbursement banks to enhance… Read more »
Posts Categorized: Provident Fund Benefits
Nidhi Aapke Nikat 2.0: Camp Activities – 27 September 2024
The Employees’ Provident Fund Organisation (EPFO) continues to innovate its outreach initiatives with Nidhi Aapke Nikat 2.0. Scheduled for 27th September 2024, this program is designed to enhance accessibility, transparency, and service delivery for both employees and employers across India. The camps provide participants with the opportunity to engage directly with EPFO officials, ensuring that… Read more »
New EPF Facility: Simplified JD Requests for Employers and Members
The Employees’ Provident Fund (EPF) has introduced a new facility aimed at simplifying the process for employers to submit Joint Declaration (JD) requests. This development is particularly beneficial for those members whose Universal Account Numbers (UANs) are not linked with Aadhar or for those who face difficulties accessing the Member E-SEWA portal. This article delves… Read more »
Streamlining EPF Profile Updates: A Comprehensive Guide for Employees and Employers
Introduction: The EPFO (Employees’ Provident Fund Organization) is a governmental body in India under the Ministry of Labour and Employment. It administers social security schemes, including the Employee’s Provident Fund Scheme, Family Pension Scheme, Employees’ Pension Scheme, and Employees’ Deposit Linked Insurance Scheme. The Joint Declaration process aims to correct member profiles to minimize rejections… Read more »
Checklist for Death Claim under EPFO
It is observed that most of the death cases submitted by the establishment are returned for non-submission of proper documents with the death claim by the establishment.Therefore establishment is requested to check the enclosed documents herewith before submission of Death claims as per the Checklist for the various types of death claims. BACHELOR DEATH CASE… Read more »
Aadhaar Seeding of Universal Account Number of EPF members for receipt of contributions through ECR for Withdrawal and benefits
As per the provision of Social security code section 142 of the code on social security code which mandates aadhar number seeding to the UAN which was implemented from 1st June 2021 and due to this provision as implemented in the EPFO portal many employees & employer had to face many challenges for seeding the… Read more »
How to change name & date of Birth Online in EPFO
The contribution you make towards your Employees’ Provident Fund (EPF) from your monthly pay is a sort of forced savings that can help in amassing a portion of your retirement corpus. At times, the name and date of birth in the provident fund (PF) statement is not correct and does not match with what is there in… Read more »
Bharat ka Amrut Mahotsav – E-Nomination to be initiated by the Employee in EPFO
How to Submit EPF/ EPS e-Nomination Online: Want to submit EPF/ EPS e-Nomination Online? Here is how you can do it easily. Ensuring social security to one’s family is of great importance. The members of the Employees’ Provident Fund Organisation (EPFO) can file the nomination for Employee Provident Fund (EPF) also referred to as Provident Fund… Read more »
EPF Death case to be resolved in three days
Good News from EPFO all Pension Cases in General & death cases, in particular, are to settle in three days All PPO to be generated and dispatchec to the nominated bank as per the KYC of the Member or Nominee of the deceased member in 7 days All necessary steps to be taken to ensure… Read more »
Employees’ Deposit-Linked Insurance (Amendment) Scheme, 2021
This Scheme may be called the Employees’ Deposit-Linked Insurance (Amendment) Scheme, 2021 Who was in the employment of the same establishment & was in employment is to be inserted The claim amount under ELDI is 35 times the average monthly salary in the past 12 months subject to a maximum of 7 lakh (5.25… Read more »