EPFO annual report: bigger corpus, faster claims, but challenges persist
New Delhi, July 27 -- The Employees' Provident Fund Organisation (EPFO) is getting bigger. It now manages nearly Rs.28.4 trillion of retirement savings, serves over 8.1 million pensioners, settles more than 60 million claims annually and caters to millions of subscribers through an increasingly digital platform.
The EPFO Annual Report 2024-25 shows the retirement body has expanded rapidly in scale while improving service delivery through technology. At the same time, it highlights persistent challenges-from high grievance volumes and pension claim rejections to questions over the sustainability of maintaining an 8.25% interest rate amid lower investment yields.
EPFO's corpus rose to Rs.28.4 trillion from Rs.24.8 trillion a year ago, mar...
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