EPFO has settled a record 5 crore claims worth over Rs 2 lakh crore in FY25, driven by reforms and automation. This signifies a major milestone in claim processing efficiency.
PETALING JAYA : The growth in voluntary EPF contributions can be attributed to the pension fund’s continued strong performance and a rise in the disposable income of its members, says an economist.
The Employees' Provident Fund Organisation (EPFO) has notified 1.65 lakh members to deposit additional funds for higher pension eligibility, following the Supreme Court's decision on pension benefits.