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What is the full form of EPFO?

Full form of EPFO: Here, we are going to learn about the EPFO, full form of EPFO, overview, history, EPFO structure, services for employers and employees, etc.
Submitted by Anushree Goswami, on February 07, 2020

EPFO: Employee Provident Fund Organization

EPFO is an abbreviation of the Employee Provident Fund Organization. It is a constitutional organization that is created by the Indian Government to support the Central Board of Trustees (CBT). It is created by the Employees Provident Fund and Miscellaneous Provisions Act, 1952. Under the administrative control of the Ministry of Labour and Employment, Government of India it operates. In different places, it has around 122 offices across the country. The EPF organization also has a training establishment to carry out training, tutorials and discussion sessions for the officers, the staff of the organization and councils of the Employers and Employees.

EPFO full form

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EPFO is one of the leading social security organizations in India which is based on several recipients and economic transaction degrees. An enforced contributory provident fund scheme is controlled and managed by the Central Board with the help of the Employee Provident Fund Organization. EFPO also operates as a nodal organization for executing mutual Social Security Agreements with other countries.

In 1951, the organization of EPF came into subsistence through the Employees' Provident Fund Ordinance which was afterward replaced by Employees' Provident Fund Act, 1952.

At present, this Act is known as Employees Provident Funds and Miscellaneous Provisions Act, 1952. It is relevant and valid at all over India apart from the state of Jammu and Kashmir.

Structure

In each state of India, the organization is classified into quite a lot of numerous zones that are lead by an Additional Central Provident Fund Commissioners.

Each state is necessary to have at the minimum of one Regional Office which is lead by Regional Provident Fund Commissioner, Grade I.

EPFO Services

  • Online registration of the establishment
  • Provides UAN (Universal Account Number) Details
  • Online Payment for EPF Subscription
  • Challan/ ECR Submission Online
  • EPFO Grievance Management System
  • Online Transfer Claim Portal
  • UAN Helpdesk for Employers

For employers

  • UAN member e-Sewa for employees
  • Provides UAN status online
  • EPFi Grievance Management System for employees
  • Online Transfer Claim Portal to submit the transfer claims online
  • COC Application form to save the data on the EPFO portal
  • Portal for pensioners to get pension-related details or information
  • Helpdesk for inoperative accounts

Schemes implemented by EPFO

  • Employees' Provident Fund Scheme (EPF)
  • Employees' Pension Scheme
  • Employees' Deposit Linked Insurance Scheme (EDLI)






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