EPFO gives gift to 7.5 crore members; now this work can be done online, check details
EPFO: In the first 2 months of this financial year alone, around 87 lakh claims were settled in the form of social security benefits like advance amount for housing, childrens post-matric education, marriage, illness, final provident fund settlement, pension, insurance etc.
EPFO or Employees' Provident Fund Organisation, is one of the largest social security organisations in India in terms of the number of its members. At present, about 7.5 crore members are actively contributing to provident fund (PF), pension and insurance schemes every month.
In the first 2 months of this financial year alone, around 87 lakh claims were settled in the form of social security benefits like advance amount for housing, children's post-matric education, marriage, illness, final provident fund settlement, pension, insurance etc. PF members claim these benefits online.
This is made possible through a computer software application, which validates the member's data in the Universal Account Number (UAN).
How to update your profile online
In this way, the security of data in the members' profiles is being ensured through a standard operating procedure (SOP) issued by EPFO on August 22, 2023. It has now been operated by EPFO in digital online mode. PF members can now update their data like name, gender, date of birth, parents' name, marital status, nationality, Aadhaar etc by giving online application. Along with the application, you will also have to upload the necessary documents related to your request.
2.75 lakh applications received so far
All such requests are sent to PF offices across the country through the respective employers. Members have also started submitting their requests using this new facility. According to EPFO, about 40,000 of these have already been settled by the regional offices of EPFO, and EPFO has received about 2.75 lakh such applications till date.
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