EPFO to Celebrate 74th Foundation Day with New Initiatives
The EPFO marks its 74th Foundation Day with new initiatives, including automatic settlements for inactive accounts and WhatsApp services.
New Delhi, October 31 (Daily Kiran) : The Employees’ Provident Fund Organization (EPFO) will celebrate its 74th Foundation Day on Sunday, October 31. On this occasion, Union Minister of Labour and Employment Dr. Mansukh Mandaviya will launch several significant initiatives.
Among the new measures are automatic settlements for eligible inactive EPF accounts with balances up to ₹1,000, as well as the introduction of EPFO services via WhatsApp.
According to an official statement, the minister will also inspect exhibition stalls set up at the event venue. Additionally, he will release several publications that highlight EPFO’s commitment to knowledge creation, institutional learning, legal awareness, and sensitive administration.
During the ceremony, Dr. Mandaviya will present the ‘Provident Fund Awards 2026’ to recognize the outstanding contributions of regional offices, zonal offices, individual officials, and staff members.
The statement emphasized that the 74th Foundation Day of EPFO is not just a story of institutional development but also an opportunity to reaffirm the commitment to ensuring that the benefits of years of labor are translated into security, respect, and peace of mind for employees and their families.
The event will be attended by senior officials from the ministry, members of the central board of trustees, EPFO officials and staff, employers, workers, and other stakeholders.
In recent years, India has significantly expanded its social security coverage. The percentage of social security coverage has increased from 19% in 2015 to 68.4% in 2026, bringing over one billion people under its umbrella.
During this period, the number of contributing members to the EPFO has also risen. From 34.9 million in the financial year 2014-15, the number grew to approximately 79.8 million by September 16, 2026, marking an increase of about 44.9 million contributing members.
As of September 2026, 768,000 establishments are contributing to the EPFO, creating a robust institutional framework to provide social security benefits to eligible employees.
