2 years, 1 month ago

EPFO adds net 14.93 lakh subscribers in December

New Delhi: Retirement fund body Employees’ Provident Fund Organisation added 14.93 lakh subscribers on a net basis in December 2022, provisional data by the labour ministry showed on Monday. “Year-on-year comparison of payroll data reflects an increase of 32,635 in net membership addition in December, 2022 as compared to the corresponding month during last year in 2021,” the ministry said in a statement. Out of 14.93 lakh members added during the month, around 8.02 lakh new members have come under the social security coverage of EPFO for the first time. Gender-wise analysis of payroll data indicates that enrolment of new female members has been 2.05 lakh in December, 2022.

Live Mint

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