EPFO Full Form | What is the Full Form of EPFO




EPFO Full Form - Employee Provident Fund Organization

  • EPFO stands for Employee Provident Fund Organization. It's a statutory body which is made by Indian Government to help the Central Board of Trustees (CBT).
  • It's formed by the Employees Provident Fund and Miscellaneous Provisions Act, 1952.
  • It's under the executive control of the Ministry of Labour and Employment, Government of India.
  • It's around 122 offices at different locations across the country.
  • The organization also features a training set up to conduct trainings and seminars for the officers, employees of the organization and representatives of the Employers and Employees.
 Full Form of EPFO

Full Form of EPFO

  • On the idea of number of beneficiaries and financial transaction volume, EPFO is one of the most important Social Security organizations in India.
  • It assists the Central Board in administering a compulsory contributory provident fund scheme.
  • It also acts as a nodal agency for implementing Bilateral Social Security Agreements with other countries.
  • The organization came into existence through the Employees' Provident Fund Ordinance in 1951 which was later replaced by Employees' Provident Fund Act, 1952.
  • This Act is currently referred to as Employees Provident Funds and Miscellaneous Provisions Act, 1952.
  • It's applicable everywhere India except the state of Jammu and Kashmir.

Structure

  • The organization is split into several zones that are headed by a further Central Provident Fund Commissioners in each state of the India.
  • Each state is required to possess a minimum of one Regional Office which is headed by Regional Provident Fund Commissioner, Grade I.
  • The hierarchy is further divided into Sub-Regions which are controlled by Regional Provident Fund Commissioners, Grade II. They're assisted by Assistant Provident Commissioners.
  • EPFO has also established district offices in most regions with an Enforcement Officer to oversee the localestablishments and resolve grievances.

Services

For employers

  • Online registration of the establishment
  • Provides UAN (Universal Account Number) Details
  • Online Payment for EPF Subscription
  • Challan/ ECR Submission Online
  • EPFO Grievance Management System
  • Online Transfer Claim Portal
  • UAN Helpdesk for Employers

For employers

  • UAN member e-Sewa for workers
  • Provides UAN status online
  • EPFO Grievance Management System for workers
  • Online Transfer Claim Portal to submit the transfer claims online
  • COC Application form to save lots of the data on the EPFO portal
  • Portal for pensioners to urge pension related details or information
  • Helpdesk for inoperative accounts

Schemes implemented by EPFO

  • Employees' Provident Fund Scheme (EPF)
  • Employees' Pension Scheme
  • Employees' Deposit Linked Insurance Scheme (EDLI)
 Schemes implemented by EPFO

Schemes implemented by EPFO



Related Searches to EPFO Full Form | What is the Full Form of EPFO

Adblocker detected! Please consider reading this notice.

We've detected that you are using AdBlock Plus or some other adblocking software which is preventing the page from fully loading.

We don't have any banner, Flash, animation, obnoxious sound, or popup ad. We do not implement these annoying types of ads!

We need money to operate the site, and almost all of it comes from our online advertising.

Please add wikitechy.com to your ad blocking whitelist or disable your adblocking software.

×