Most of the employees working in India have a PF account, which is operated by the Employees Provident Fund Organization, i.e., EPFO. The organization has recently taken an important decision to give great relief to its members and their families. Now, the death relief fund available to the Central Board employees has been almost doubled. Earlier, this amount was Rs 8.8 lakh, which has now been increased to Rs 15 lakh. This change has come into effect from 1 April 2025. This means that after this date, if a member dies, their family will get financial support of Rs 15 lakh.
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Approval of the Central Board of Trustees
This decision has been approved by the Central Board of Trustees, the apex body of EPFO. It includes representatives of the Central and State Governments, as well as employees and employers. This step has been taken with the aim of giving financial strength to the families, so that they can get support in unexpected circumstances.
The amount will increase every year from 2026
According to the report of UPStox, EPFO has also announced that the amount of the Death Relief Fund will be increased by 5 percent every year from April 1, 2026. That is, in the coming time, this amount will become even more, and the family of the deceased employee will continue to get increasing financial assistance.
Claim made easy for minor children
EPFO has also simplified the process related to claims. Earlier, if the amount had to be transferred to the bank account in the name of the minor children of the deceased member, then a Guardianship Certificate was required for this. Now this condition has been removed. This has made the process of claim settlement easier and faster for minor children.
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An Aadhaar linking process has also been simplified
Many employees have not been able to link their Aadhaar with UAN till now, or there are some errors in them. To solve this, EPFO has further simplified the process of the joint declaration. This will reduce the problems of updating and linking Aadhaar details, and employees will get an opportunity to complete the process easily.