EPFO added 17.21 lakh net members during Sep
Employees’ Provident Fund Organisation, EPFO has added 17.21 lakh net members during September. This is an increase of 21 thousand 475 net members over the previous month of August.
EPFO’s provisional payroll data released today reveals that around 8.92 lakh new members have enrolled during September.
Out of this, around 2.26 lakh are new female members. The age-group of 18 to 25 years constitutes 58.92 percent of total new members added during the month.
Payroll data shows that approximately 11.93 lakh members exited but rejoined EPFO.
These members switched their jobs and re-joined the establishments covered under the ambit of EPFO and opted to transfer their accumulations instead of applying for final settlement.