About EPFO

• The Employees’ Provident Fund came into existence with the promulgation of the Employees’ Provident Funds Ordinance in 1951. 
• The Board administers a contributory provident fund, pension scheme and an insurance scheme for the workforce engaged in the organized sector in India. 
• It is one of the world’s largest organizations in terms of clientele and the volume of financial transactions undertaken by it. 
• The Board is assisted by the Employees’ PF Organization (EPFO), consisting of offices at 122 locations across the country. 
• The EPFO is under the administrative control of the Ministry of Labour and Employment.
• The Organization also has a well equipped training set up where officers and employees of the Organization as well as Representatives of the Employers and Employees attend sessions for trainings and seminars. 

The Board operates three schemes viz. :- 

1. The Employees’ Provident Funds Scheme 1952 (EPF)
2. The Employees’ Pension Scheme 1995 (EPS)
3. The Employees’ Deposit Linked Insurance Scheme 1976 (EDLI)

Why in News?

• EPFO is organising its monthly district outreach program Nidhi Aapke Nikat 2.0 in over 670 districts of the country. 
• Nidhi Aapke Nikat 2.0 is a monthly District Outreach Program of EPFO commenced in January 2023. 
• For the ease of EPS’95 pensioners, a special dedicated Pension Helpdesk will be setup.

https://pib.gov.in/PressReleasePage.aspx?PRID=2009154