New Delhi, Sept. 19 -- The Employees' Provident Fund Organisation (EPFO) administers a number of social security programmes, including retirement savings under the Employees Provident Fund (EPF), pension under the Employees' Pension Scheme (EPS), and insurance protection under the Employees' Deposit Linked Insurance Scheme (EDLI).

The latest EPFO data shows around 7.98 crore contributing members across about 7.68 lakh contributing establishments, while the EPS provides pension benefits to around 82 lakh pensioners.

Notably, all provident fund subscribers who have an account for more than 10 years, are provided with pension benefit. The contribution for this comes jointly from the employer - 8.33% of the 12% contribution is directed towa...