EPFO added 13.95 lakh subscribers in November 2021

EPFO has added 13.95 lakh net subscribers in November 2021.

New Delhi: The Employees Provident Fund Organisation (EPFO) added 13.95 lakh net subscribers in November 2021, marking an increase of around 2.85 lakh net subscribers over the previous month.

Year-on-year comparison of payroll data also show an increase of around 3.84 lakh in net payroll additions in November 2021, as compared to 10.11 lakh net subscribers added during the corresponding month of 2020, the Ministry of Labour and Employment informed on Thursday.

Of the total 13.95 lakh net subscribers added in November last year, 8.28 lakh new members came under the social security cover of EPFO for the first time. Approximately 5.67 lakh net subscribers exited but rejoined EPFO by changing jobs within the establishments covered under the purview of EPF & MP Act, 1952.