- Advertisement -
HomePersonal FinanceEPFO New Rule: Big relief for EPF employees! EPFO doubled the Death...

EPFO New Rule: Big relief for EPF employees! EPFO doubled the Death Relief Fund, will get help of 15 lakhs

- Advertisement -
- Advertisement -

EPFO: Earlier, where only Rs 8.8 lakh was available under the Death Relief Fund (EPFO Death Relief Fund), now it has been increased to Rs 15 lakh. This new rule has come into effect from April 1, 2025.

EPFO Rule change 2025: Most of the employees working in India have a PF account, which is managed by EPFO ​​​​i.e. Employees Provident Fund Organization. Now EPFO ​​​​has taken an important decision for its employees and their families, which will provide great help to the family members in difficult times.

Now 15 lakh rupees will be available in Death Relief Fund

Earlier, where only Rs 8.8 lakh was available under the Death Relief Fund (EPFO Death Relief Fund), now it has been increased to Rs 15 lakh. This new rule has come into effect from April 1, 2025. That is, if a member dies after this date, the family will get Rs 15 lakh directly. This amount will be given to the nominated member or legal heir of the employee from the Staff Welfare Fund.

5% increase every year

Not only this, EPFO ​​has also clarified that from April 1, 2026, this amount will increase by 5% every year. This means that families will get more financial support in the coming years.

Death claim is now easy

EPFO has also simplified the process related to the claim. If the money is to go to the account of minor children, then now there will be no need for Guardianship Certificate. This means that the family will not have to face the same difficulties in claim settlement (EPFO Simplifies Claim Settlement Process).

Aadhaar will be linked to UAN without hassle

Many employees are still not able to link their Aadhaar with UAN or Aadhaar needs correction. For such cases, EPFO ​​has simplified the process of joint declaration, so that members can update or link Aadhaar information without hassle.

Why is this decision important for employees?

This move of EPFO ​​is a big relief for those families who face financial difficulties after losing their member. Now not only has the compensation amount increased but it will also increase every year. Along with this, processes like claim and Aadhar link have also become easier, so that employees and their families can get timely help.

Most Read Articles:

Deepak Kumar
Deepak Kumar
Deepak Kumar has 2 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @deepakmaurya152004@gmail.com
RELATED ARTICLES

Most Popular

Recent Comments