Positive impactEconomy
You earn up to ₹25,000? EPFO urges employees to enrol in EPF through employers to secure social security benefits
Mint 2 hrs ago·20 Oct 2026, 8:18 am
The Employees' Provident Fund Organisation (EPFO) has updated its rules to allow employees earning up to ₹25,000 per month to enrol in the Employees' Provident Fund (EPF) scheme. Previously, the monthly wage ceiling for automatic enrolment was ₹15,000. This change means a larger pool of salaried workers can now access a mandatory retirement savings scheme, which also includes a pension and life insurance benefit.
For investors, this move is significant as it expands the social security net for a significant portion of the workforce. It ensures that more employees build a retirement corpus and receive a pension, reducing reliance on other financial instruments. Investors should watch for any updates on the actual number of new enrolments and the subsequent impact on the long-term savings rate in the economy.
Excerpt from Mint
EPFO has urged employees earning up to ₹ 25,000 a month to check their eligibility for Employees’ Provident Fund enrolment through employers. Know the potential EPF savings, pension and life insurance benefits, revised wage ceiling and steps workers should take. The Employees’ Provident Fund Organisation (EPFO) has…Read the original at Mint
Key takeaways
- Category: Economy.
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