Employees Provident Fund Organisation (EPFO)

The EPFO is one of the two main social security organization under the Government of India's.

Employees Provident Fund Organisation (EPFO)

About Employees Provident Fund Organisation (EPFO):

  • It was established in 1952. 
  • It is under the administrative control of the Union Ministry of Labor and Employment. 
  • Mandate: 
    • It is tasked to assist the Central Board of Trustees in implementing the following three schemes for the workforce engaged in the organized sector in India:
      • EPF Scheme 1952;
      • Pension scheme 1995 (EPS); and
      • Insurance scheme (EDLI). 
    • It is also the nodal agency for implementing Bilateral Social Security Agreements with other countries on a reciprocal basis. 
    • In 2014, union government launched Universal Account Number (UAN) for Employees covered by EPFO to enable PF number portability. 

Source : PIB

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