New Delhi, Feb. 6 -- Union Labour and Employment Minister Dr Mansukh Mandaviya has said that Employees' Provident Fund Organisation (EPFO) has achieved a historic milestone by crossing the 5 crore claims settlement mark for the first time in its history in a fiscal year.

In the financial year 2024-25, EPFO has processed over 5.08 crore claims amounting to Rs 2,05,932.49 crore, surpassing the 4.45 crore claims worth Rs 1,82,838.28 crore settled in the previous financial year 2023-24.

Mandaviya highlighted that this achievement has been made possible due to a series of transformative reforms initiated by EPFO to enhance claim settlement processes and reduce grievances among members.

"We have implemented key measures, including an increas...