EPFO is set to engage retired officers and government employees to fill more than 4,000 vacancies across multiple departments. The first focus will be strengthening the organisation’s investment division by bringing in experienced officials from institutions such as SBI, RBI and LIC. The move is intended to help EPFO handle its expanding subscriber base and swelling corpus more effectively.
EPFO has announced a major change for EPF withdrawals and tax reporting: Forms 15G and 15H are being replaced by one unified Form 121 starting April 1, 2026. The update comes under the new Income-tax Act, 2025, and EPFO says it clarifies which members need to file the new form.
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In a major relief for employees, the Bombay High Court ruled that EPFO cannot deny higher EPS pensions just because an employer’s records are incomplete. The court said EPFO must use every verification option available before rejecting claims. The judgement favours workers who paid contributions on actual wages but were refused due to document lapses by employers.
After Covid’s second wave, 92% of active managers failed to beat the index, while passive inflows surged. About INR 7,500 crore a month is reportedly flowing into equity ETFs, many linked to EPFO. Critics argue this consistent buying is inflating Nifty 50 prices, but the bigger question is whether the market’s balance is quietly shifting.
The EPFO EDLI Scheme provides lump sum death benefits for private sector salaried employees, typically between Rs 2.5 lakh and Rs 7.5 lakh. Recent changes also guarantee a minimum payout of Rs 50,000 for early deaths and factor in service continuity gaps, shaping eligibility for families seeking the claim amount.
EPFO has expanded its facility for members to delink incorrect Member IDs (MIDs) from their Universal Account Number (UAN), even when EPF contributions already exist. The change targets cases where wrong MIDs were created without a member’s knowledge. Eligible members can use the official process to correct linkage, but not if claims are processed, pending, or multiple.
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