PF Claims At Record Rs 2 Lakh Cr In FY25

New Delhi: Labour Minister Mansukh Mandaviya on Thursday said retirement fund body EPFO has achieved a historic milestone by crossing the 5-crore claims settlement mark in a fiscal in 2024-25.

In the ongoing FY25, the Employees’ Provident Fund Organisation (EPFO) has processed over 5.08 crore claims amounting to Rs2,05,932.49 crore, surpassing the 4.45 crore claims worth Rs1,82,838.28 crore settled in preceding fiscal 2023-24, according to a labour ministry statement.