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June 14, 2024 6:33 PM

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Labour Secretary Sumita Dawra chairs review meeting on reforms in EPFO

Labour Secretary Sumita Dawra has chaired a review meeting on reforms in the Employees Provident Fund Organisation (EPFO). Ministry of Labour and Employment said in a release that the review meeting highlighted the need of the expansion of social security and new initiatives for ease of living and ease of business. The Ministry informed that auto settlement of advances upto 01 Lakh for illness, education, marriage and housing has been implemented by EPFO for speedy disposal of claims. It added that about 25 Lakhs advance claims have been settled on auto mode along with more than 50 percent of the illness claims settled till now. The Ministry highlighted that this has increased claims settlement speed and large number of them are now being settled within 03 days. It added that the operational reforms in Litigation Management and Audit were also discussed during the meeting. The Ministry said that the Secretary has advised the EPFO to continue the proactive steps for systemic reforms.