Employees' Provident Fund Organisation
| कर्मचारी भविष्य निधि संगठन | |
| Organisation overview | |
|---|---|
| Formed | 4 March 1952 |
| Jurisdiction | India |
| Headquarters | Bhavishya Nidhi Bhawan, 14, Bhikaiji Cama Place, New Delhi |
| Organisation executive |
|
| Parent department | Ministry of Labour and Employment, Government of India |
| Parent Organisation | Central Board of Trustees (CBT) |
| Website | epfindia |
The Employees' Provident Fund Organisation (EPFO) is one of the two main social security agencies under the Government of India's Ministry of Labour and Employment and is responsible for regulation and management of provident funds in India, the other being Employees' State Insurance. The EPFO administers the retirement plan for employees in India, which comprises the mandatory provident fund, a basic pension scheme and a disability/death insurance scheme. It also manages social security agreements with other countries. International workers are covered under EPFO plans in countries where bilateral agreements have been signed. As of May 2021, 19 such agreements are in place. The EPFO's top decision-making body is the Central Board of Trustees (CBT), a statutory body established by the Employees' Provident Fund and Miscellaneous Provisions (EPF&MP) Act, 1952. As of 2021, more than ₹15.6 lakh crore (US$209 billion) are under EPFO management.
On 1 October 2014 the Government of India launched a Universal Account Number for employees covered by EPFO to enable Provident Fund number portability. DON,1