EPFO Settles 13 Lakh Claims during Lockdown

EPFO expanded as Employees’ Provident Fund Organisation has settled a total of 12.91 lakhs claims, including 7.40 lakhs COVID-19 claims under Pradhan Mantri Garib Kalyan Yojana (PMGKY) package. Check out more details here.

Updated: Apr 28, 2020 19:18 IST

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Monika

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ERFO claims under PMGKY

EPFO also known as Employees' Provident Fund Organization, under Union Ministry of Labour & Employment, has squared off a total of 12.91 lakhs claims, including 7.40 lakhs COVID-19 claims under Pradhan Mantri Garib Kalyan Yojana (PMGKY) package. This involves the disbursal of a total amount of Rs. 4684.52 crores, inclusive of Rs. 2367.65 crores COVID claims under PMGKY package.

It is heartening to note that the exempted PF trusts have also risen to the occasion amidst the COVID-19 pandemic. As on 27.04.2020, Rs. 875.52 crores have been paid out to 79,743 PF Members as an advance for COVID-19 by the exempted PF Trusts under this Scheme, with 222 private sector establishments paying Rs.338.23 crores to 54641 beneficiaries, 76 public sector establishments disbursing Rs.524.75 crores to 24178 beneficiaries and 23 cooperative sector establishments spending Rs.12.54 crores to 924 claimants.