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EPFO Major Update: PF Claim Settlement Now in Just 3 Days – Discover New Rules
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EPFO Revolutionizes Claims: Settlement in 3 Days, Automatic Pension Transfer
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News18
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20-03-2026, 15:27
EPFO Revolutionizes Claims: Settlement in 3 Days, Automatic Pension Transfer
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EPFO introduces major changes for private sector employees, focusing on faster, more transparent, and user-friendly services.
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Minister Shobha Karandlaje highlights the goal to accelerate claim settlement and digitize all services under one roof.
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Centralized Pension Payment System (CPPS) ensures timely pension for over 70 lakh pensioners, effective January 1, 2025.
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Over 35.2 million advance claims up to 5 lakh rupees settled automatically, disbursing 51,620 crore rupees.
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EPF account transfers are now automatic with KYC updates, and claim settlement time reduced from 20 days to under 3 days.
Read Full Article on News18 in Bengali
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