Millions of subscribers of the Employees’ Provident Fund Organisation may soon get some good news.
The government is planning several changes to make the system more beneficial and user-friendly.
From higher pensions to faster withdrawals, these updates aim to improve the overall experience for PF users.
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Pension May Increase Up to ₹7,500
The biggest highlight is the proposed increase in minimum pension.
Under the Employees’ Pension Scheme, the current minimum pension is ₹1,000.
Now, there is a strong possibility that it could be increased to ₹7,500.
This demand has been raised for years by labor groups.
With support from a parliamentary committee, the proposal is now closer to becoming reality.
If approved, it will bring major financial relief to pensioners.
PF Withdrawal Through ATM Soon
Accessing PF money may soon become as easy as withdrawing cash from an ATM.
EPFO is working on a system that will allow members to withdraw their PF balance directly through ATMs.
This will reduce delays and make funds available instantly when needed.
Along with this, a proposal to offer 8.25% interest on PF deposits has been sent to the Finance Ministry.
Once approved, the interest will be credited directly to subscribers’ accounts.
Faster Claim Settlements Than Ever Before
EPFO has significantly improved its performance using digital technology.
In the financial year 2025–26, it settled 83.1 million claims, compared to 60.1 million in the previous year.
Even more impressive, around 71% of advance claims are now processed within just three days.
This means faster access to money during urgent needs.
New Portal Makes Everything Easier
To simplify account management, EPFO has launched a new portal called e-Praapti.
This platform helps users reactivate old or inactive accounts easily using Aadhaar-based login.
Thanks to these digital upgrades, about 66.8 million claims are now processed without needing to upload cheque images.
Overall, these proposed changes and digital improvements show that EPFO is moving towards a faster, simpler, and more user-friendly system.
If implemented, they could make a big difference in how millions of Indians manage their savings and pensions.