EPFO settles 97% of claims in 10 days

India Infoline News Service | Mumbai |

According to KK Jalan, Central Provident Fund Commissioner, EPFO, eight lakh claims were settled in February alone.

Employees’ Provident Fund Organisation (EPFO) has settled more than 1.1 crore claims in the current financial year till February 2014.
According to KK Jalan, Central Provident Fund Commissioner, EPFO, eight lakh claims were settled in February alone.
Of these, 31% were settled in three days and 66% in 10 days of receipt. The grievance redressal machinery of EPFO also ensured that 15,206 grievances were settled in February. However, 4,687 grievances were pending as on date.
The Employees' Provident Fund Scheme mandates settling of claims within 30 days of making application.


 

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