The Telangana High Court has ruled that the Employees' Provident Fund Organisation (EPFO) cannot recover Rs 2.5 crore in PF dues from a retired employee, J.V. Nrupender Rao. The court stated that the EPFO may pursue legal action against the company and its PF trust instead, citing violations of the EPF Act and principles of natural justice.
EPFO subscribers are awaiting their FY 2025-26 interest credit at 8.25%. Despite delays, experts assure interest accrues monthly on the running balance and won't be lost. Members can check their updated passbook for confirmation.
EPFO members must e-sign their e-nominations using Aadhaar authentication for them to be valid. Without this step, family members may face delays in receiving EPF, EPS, and EDLI benefits upon the member's death.
EPFO is launching a WhatsApp service for PF updates, allowing members to send 'Hello' to a verified number for assistance. The service will support regional languages and initially focus on PMVBRY scheme members facing authentication or DBT issues.
EPFO subscribers will soon be able to withdraw their provident fund corpus directly through UPI. The government has completed testing of this new facility, which aims to make fund withdrawals faster and easier.
EPFO has reduced consumer court cases by 46% and overall litigation pendency to its lowest-ever level. A special campaign cleared pending appeals, and the organization plans to use WhatsApp for faster member services and communication in local languages.
EPFO has debunked a viral social media claim about an increase in the minimum EPS-95 pension to Rs 7,500 per month, stating the notification is fake. The current minimum pension remains Rs 1,000.
The Employees Provident Fund Organisation (EPFO) will automate final provident fund withdrawal claims and provident fund account transfers when members change employers, streamlining processes and reducing the need for manual forms.
The District Consumer Disputes Redressal Commission, Chandigarh, ordered EPFO to pay βΉ50,000 compensation to Rajesh Garg for a nearly 10-year delay in transferring his provident fund (PF) accumulations, citing 'deficiency in service and unfair trade practice'.
The Ministry of Labour and Employment is considering raising the minimum monthly pension under EPS-95 from Rs 1,000, potentially benefiting EPFO members with lower pensionable salaries and shorter service periods. Employees earning below Rs 15,000 average basic pay over 60 months with 10-15 years of service would gain the most from any increase in the Rs 1,500-Rs 3,000 range.
EPFO is launching E-PRAAPTI, a digital portal enabling members to find, track, link and activate old or inactive EPF accounts using Aadhaar-based authentication. The portal targets employees who worked before the Universal Account Number system and may have multiple employer accounts without UAN linkage. Labour and Employment Minister Mansukh Mandaviya announced the initiative, which will initially benefit members who can recall their member IDs.
