Employees’ Provident Fund Organization (EPFO), which comes under the Ministry of Labor and Employment, Government of India, has made a big announcement. EPFO has asked all companies to provide 100% e-nomination facility for their women employees, so that they can be recognized and rewarded on Women’s Day. Let us tell you that today is International Women’s Day.
According to the EPFO, companies who have not been able to do e-nomination for December 2021 and January 2022 are eligible for this declaration. EPFO has tweeted and said that on International Women’s Day, we appeal to file e-nomination, empower their families and assure social security.
EPFO celebrating the elixir of freedom
Actually, EPFO had extended the deadline of December 31 given to its members to complete the e-nomination. That is, after December 31, the facility of e-nomination can be availed. EPFO is celebrating Amrit Mahotsav of Independence. The organization has appealed to the women members to file e-nomination today to empower their families and ensure their social security.
Life cover up to Rs 7 lakh
Life cover of up to Rs 7 lakh is given to PF account holders by EPFO. Actually, all the subscribers (members) of EPFO are covered under the Employees Deposit Linked Insurance Scheme (EDLI) 1976. Under which EPFO holders get insurance cover up to Rs 7 lakh.