Page 2 - Epfo Data

EPFO to use common service centres for life certification of pensioners

EPS pensioners are required to submit their life certificates each year to continue to draw pension

Enrolments with EPFO dips to 10.34 lakh in Feb from 10.71 lakh in Jan

EPFO has been releasing the payroll data or new subscribers data since April 2018, covering a period starting from September 2017

EPFO settles 137,000 withdrawal claims to ease Covid-19 lockdown woes

Withdrawal claims worth Rs 280 crore has been settled in the past 10 days

Tamil Nadu adds more new entry level jobs despite slowdown in auto sector

During the year 2018-19, Karnataka ranked first in new payroll addition with 265,827 people coming under the ambit of EPFO

Making sense of EPFO data

Payroll statistics are India's only officially released employment source but they suffer from several gaps

'Expert services' see highest payroll additions: EPFO data

Youngsters more likely to enter electronic/electrical/ mechanical products industry

New EPFO data shows 15% formalisation rate

The EPFO data is a step ahead of the US payroll counterpart that gives out numbers only according to industry and not states

EPFO data is not employment data

The data released so far implies an average addition of 0.52 million accounts a month with a monthly variation ranging from 0.39 to 0.65 million

EPFO data shoddily maintained; 30-40% is unclean: What researchers told PMO

The EPFO data analysed by the researchers also showed that in some cases, members have received contribution even before their joining date