The Employees’ Provident Fund Organisation (EPFO) has reached a significant milestone by surpassing 5 crore claim settlements in the financial year 2024-25. Labour and Employment Minister Dr Mansukh Mandaviya announced this yesterday. He said the claims have exceeded the 4.45 crore claims settled in the previous year. Dr Mandaviya attributed this achievement to a series of transformative reforms introduced by the EPFO to streamline the claim settlement process and reduce the grievances of the members. The Minister also highlighted that auto claim settlements have doubled to 1.87 crore in the current financial year, compared to 89.52 lakh claims processed throughout FY 2023-24.
Reaffirming the government’s commitment to enhancing ease of access for EPFO members, Dr Mandaviya highlighted that the organization will continue to leverage technology and process simplification to ensure a seamless and efficient service experience.
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