New Delhi, Feb. 25 -- Retirement fund manager Employees' Provident Fund Organisation (EPFO) added 16.05 lakh net members during the month of December 2024, an increase of 9.69% over the previous month.
As per official payroll data released on Tuesday, EPFO enrolled around 8.47 lakh new subscribers in December 2024.
An official release from the Ministry of Labour and Employment said that the increase in EPFO subscribers during the month of December last year signified increased employment opportunities and heightened awareness of employee benefits.
"EPFO enrolled around 8.47 lakh new subscribers in December 2024. The new subscribers' addition shows year on year growth of 0.73% from the previous year in December 2023. This surge in new sub...