EPFO Rules Change 2025
EPFO Rules Change 2025: Some major changes are going to be made in the rules by the Employees Provident Fund Organization in the year 2025, which is going to affect millions of wage earners and pension holders of the country.
EPFO Rules Change 2025 can be beneficial for the employees, its main objective is to provide new facilities to PF account holders and to improve the transparency of employees and employers. Many changes are being made in the change of rules of EPFP including UAN Aadhaar linking, KYC update and digital life certificate, let’s know complete information about them
Some of the major rules that will change in EPFO Rules Change 2025 are as follows
UAN Aadhaar linking has been made mandatory
In EPFO Rules Change 2025, it has been made mandatory for EPFO to link UAN with Aadhaar, the main purpose of doing this is to prevent fraud in PF accounts, this will provide better security to the account holders and they will be able to claim pension in a simple way, along with this they will be identified to online services.
EPFO’s new mobile app
Its new mobile app has been launched in EPFO Rules Change 2025, so that PF account holders can be given all the information related to their account through mobile app, in which they will be able to get information about their balance as well as balance withdrawal and status check along with many other things on their mobile. This app can be downloaded from Google Play and can be used by registering it by entering your mobile number and OTP and creating your ID and password.
Increase in interest rate
In EPFO Rules Change 2025, the interest rate on PF can be increased in which PF account holders will be given more interest on the amount deposited in their accounts and they will get more returns on it, this will increase the savings of the account base and they will get more funds at the time of retirement.
Increase in pension
The amount of pension will be increased in EPFO Rules Change 2025, which will increase their financial security and they will be able to easily bear the health related expenses in old age, all pensioners will get the benefit of this.
Withdrawal of PF money from ATM
In EPFO Rules Change 2025, ATM can be issued to withdraw PF money through ATM, through which PF account holders can withdraw PF money from ATM at any time. This can prove to be an important change, which will save time along with financial security to the account holder and he will be able to withdraw his PF money easily.
Pension will be available from any bank branch
In EPFO Rules Change 2025 this the Integrated Pension Payment System has been approved by the Minister of Labor and Employment, which will be implemented from January 1, 2025, under this all pensioners will be able to get pension from any bank branch in India. Earlier, pensioners used to get pension only from the banks selected for pension, but now after the implementation of this scheme, pensioners will be able to get their pension from any bank branch.
Digital Life Certificate
EPFO has now started the facility of Digital Life Certificate to provide relief to pensioners, through which all pensioners can get the Life Certificate digitalized and can also submit it digitally, for this they will not need to go anywhere, it can be easily submitted online sitting at home, which will save them time as well as save them from standing in long queues.
