INSUBCONTINENT EXCLUSIVE:
EPFO added nine lakh subscribers during May 2021The Employees' Provident Fund Organisation (EPFO) added around 9.2 lakh net subscribers
during May 2021 despite the deadly second wave surge of Coronavirus pandemic across the country.According to the provisional payroll data
taken by EPFO including online claims submission, auto-claim settlement, online transfer of PF account, strengthened grievance redressal and
services on mobile devices etc," it said in a statement.Of the total 9.20 lakh net subscribers added during the month, around 5.73 lakh new
members have come under the ambit of Employees' Provident Funds Scheme for the first time.During the month (May 2021), around 3.47 lakh net
subscribers exited but then rejoined EPFO by changing their jobs within the establishments covered by EPFO and opted to retain membership
under the scheme, through transfer of funds rather than coming for final withdrawal of their PF accumulations, the PF body said.
