Most 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 help families in difficult times.
Now 15 lakh rupees will be available in the form of death relief fund
Earlier, under the EPFO Death Relief Fund, only 8.8 lakh rupees were available, now it has been increased to Rs 15 lakh. This new rule has come into force from 1 April 2025. That is, if a member dies after this date, then the family will get 15 lakh rupees directly. This amount will be given to the employee’s nominated member or legal successor from the Employees Welfare Fund.
5 percent increase every year
Not only this, EPFO has also clarified that this amount will increase 5 percent every year from 1 April 2026. That is, families will get more financial assistance in the coming years.
Death claim now easy
EPFO has also simplified the claim related process. If you have to transfer money to the account of minor children, then there will be no need for a guardianship certificate. That is, the family will not have to face the difficulties in the disposal of the claim (EPFO SIMPLIFIES CLAIM SETTLEMENT PROCESS).
Aadhaar will be linked to UAN without any trouble
Many employees are still unable to link their Aadhaar to UAN or need to improve Aadhaar. For such cases, EPFO has made the process of joint announcement easier, so that members can update or link the base information without any hassle.
Why is this decision important for employees?
This step of EPFO is a great relief news for those families who face financial crisis after losing their member. Now not only the amount of compensation has increased, but it will also increase every year. In addition, procedures such as claims and Aadhaar links have also become easier, which can help employees and their families on time.
