EPFO: Employees Provident Fund Organization has released the payroll data for October 2024. Under this, information has been given that EPFO has added 13.41 lakh members in October 2024. EPFO has added 7.50 lakh new members in October 2024. The number of new members joining EPFO is an indication that employment opportunities in the organized sector are increasing and awareness regarding employee benefits is also increasing. Along with this, an increase in the number of employees is also being seen through the successful engagement program being run by EPFO.
Good number of new members in the age group of 18 to 25 years.
Of the new members who have joined EPFO in October 2025, 58.49 percent are employees whose age is between 18 years and 25 years. Their total number in October was 5.43 lakh members. This is especially an extension of the trend going on in EPFO, under which it can be seen that an increase is being seen in the number of youth joining jobs mostly for the first time and they are also joining EPFO.
Rejoining member data
According to payroll data, about 12.90 lakh members took exit from EPFO and after that rejoined EPFO. This can be seen an increase of 16.23 percent on year-on-year basis as compared to October 2023. These members took exit from EPFO while changing their jobs and after this, considering their employee benefits, they have decided to rejoin EPFO.
Know who contributed how much to EPFO state wise
If we look at the state-wise data of EPFO, in October, 61.32 percent contribution was from the top 5 states/UTs, which is a total contribution of 8.22 lakh net members. In this also, the maximum contribution of 22.18 percent has come from Maharashtra. Maharashtra, Karnataka, Tamil Nadu, Delhi, Haryana, Telangana and Gujarat have individually contributed in adding 5 percent net members during October.
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