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EPFO members will get big relief! This amount increased to Rs 8 lakh, know – latest update of EPFO

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EPFO has recently issued a circular, in which it has asked to increase the ex-gratia amount from Rs 4.2 lakh to Rs 8 lakh. The circular further states, an ex-gratia amount of Rs 8 lakh (Rupees eight lakh only) will be paid to the family members (nominee or legal heirs) of the deceased employee of the Central Board from the welfare fund. The cause of death in this is other than corona disease.

EPFO members should note that the instructions will come into force with immediate effect and will be applicable to prospective cases where the date of death is after the date of issue of the circular i.e. November 2, 2021. This will now benefit about 30,000 employees across the country. The institute has also given information about this decision by issuing circulars in its offices.

EPFO members should note that the instructions will come into force with immediate effect and will be applicable to prospective cases where the date of death is after the date of issue of the circular i.e. November 2, 2021. This will now benefit about 30,000 employees across the country. The institute has also given information about this decision by issuing circulars in its offices.

Significantly, EPFO ​​has recently tweeted about e-nomination from its official Twitter handle. The tweet said, “Why should one file e-nomination?” Now EPFO ​​members have to follow some easy steps to file e-nomination.

  • Visit the official website of EPFO, epfindia.gov.in. Then one has to select the ‘Service’ option.
  • Again, one has to select the ‘For Employees’ option. Now, one has to click on ‘Member UAN/Online Service (OCS/OTP)’.
  • Then login with UAN and Password
  • Now, under the ‘Manage Tab’ one has to select ‘e-Nomination’
  • Next ‘Provide details’ tab will appear on the screen and one has to click on ‘Save’
  • Click on ‘Yes’ to update the family declaration
  • After this click on ‘Add Family Details’.
    It is to be noted that more than one nominee can be added
  • Now, one has to click on ‘Nomination Details’ to declare the total amount of the share.
  • After that click on ‘Save EPF Nomination’.
  • Finally, click on ‘e-Sign’ to generate OTP and submit the OTP on the mobile number linked with Aadhaar.
  • Keep in mind that after this process e-nomination will be registered in EPFO.
  • There is no need to send any documents to the employer or the former employer after e-nomination.
  • In case of any other details and queries, EPFO ​​members can log on to the official website of EPFO ​​at epfindia.gov.in.
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