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EPFO to go online, all services a click away by August 2018

Source | The Times Of India

NEW DELHI: Retirement fund body Employees’ Provident Fund Organisation (EPFO) will go paperless by August next year as part of Digital India initiative, which would improve delivery of services for its five crore subscribers.

The EPFO, which runs social security schemes like EPF, pension and insurancefor formal sector workers, has already launched a host of online services like EPFwithdrawals.

This will be a big boom for the formal sector workers as well as their employers. The online facility would help the EPFO do away with the public interface for reducing chances of corruption and public harassment.

“The EPFO has set a target. We have decided to make electronic paper-free organisation by next the Independence Day where all services will be provided electronically (through online or mobile handsets),” Central Provident Fund Commissioner V P Joy said after flagging of a Trinaga Yatra.

 He further said that once the EPFO goes paperless, people would not have to visit the offices to get their work done and save man hours.

Joy also talked about the EPFO’s housing scheme where the body provides facility to make down payment to buy home and pay equated monthly instalment through their EPF accounts.

Read On…

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