Srinagar: The 113th meeting of the Executive Committee (EC) of the Central Board of Trustees (CBT), EPF was held in Srinagar, Jammu & Kashmir on 28th March, 2025.
The meeting was chaired by Smt. Sumita Dawra, Secretary, Ministry of Labour and Employment and attended by Shri Ramesh Krishnamurthi, Central Provident Fund Commissioner, EPFO. Other senior officers of the Ministry of Labour & Employment and the EPFO, as well as representatives of employers and employees, were also present at the meeting.
Among the key discussions were new initiatives to streamline EPFO’s processes and enhance its delivery systems. The following agenda items were placed before the committee for discussion:-
Seamless PF claim settlement via UPI: The Executive Committee reviewed the progress of the digital initiative of EPFO to streamline claim settlements by immediate credit to the bank account through the UPI platform. Development of API and system integration with SBI and NPCI is being done by CDAC (technology partner) to ensure a smooth rollout in alignment with EPFO’s IT modernization project, CITES 2.01. This initiative underscores EPFO’s commitment to enhancing the ease of living for its members.
Proposal to increase the auto claim limit to 5 lakhs. The EC welcomed and appreciated the proposal as it will immensely help in the ease of living of EPF subscribers.
IT Infrastructure and CITES 2.01 Implementation: EPFO highlighted the completion of hardware upgrades and progress in the Consolidation of decentralized databases. Modules for User Management, Centralized Payments, and Re-engineered ECR are undergoing rigorous testing, ensuring seamless deployment in the coming months. Despite multiple challenges, EPFO assured stakeholders of its commitment to the completion of the roll-out within the next two months.
Processing of Pension on Higher Wages gains momentum: The EC appreciated the notable progress in the processing of PoHW cases, with total applications processed increasing by 22.8% as compared to last month. Furthermore, 3,26,152 demand letters were issued, which shows a substantial increase of 29.5% as compared to last month’s figures. These achievements highlight EPFO’s commitment to completing the task as per the directions of the Hon’ble Supreme Court.
The chairperson stressed upon the need to create public awareness about initiatives and efforts made by EPFO for good governance through regular print, electronic and social media campaigns.
The Executive Committee also discussed plans to finalize the roadmap aimed at transforming the organization into a member-centric, technology-driven body.
