EPFO Reports Addition of 16.10 Lakh Net Members in February 2025
The Employees’ Provident Fund Organization (EPFO) has unveiled its provisional payroll data for February 2025, indicating a significant net addition of 1.61 million members. This marks a year-on-year growth of 3.99% compared to February 2024, reflecting an increase in employment opportunities and a growing awareness of employee benefits. The data highlights the success of EPFO’s outreach initiatives aimed at enhancing member engagement and participation.
New Subscribers Surge
In February 2025, EPFO welcomed approximately 739,000 new subscribers, a clear indication of the expanding job market and heightened awareness of the benefits associated with EPFO membership. This influx of new members is largely attributed to the ongoing efforts of EPFO to promote its services and the increasing number of employment opportunities available across various sectors. The organizationโs outreach programs have played a crucial role in attracting first-time job seekers, particularly among the youth.
The data shows that the 18-25 age group is leading the charge, with 427,000 new subscribers from this demographic, making up a remarkable 57.71% of all new additions. This trend aligns with previous observations that a significant portion of individuals entering the organized workforce are young, primarily seeking their first jobs. The net payroll addition for this age group reached approximately 678,000, reflecting a growth of 3.01% compared to the same month last year.
Rejoining Members on the Rise
The payroll data also reveals that around 1.32 million members who had previously exited the EPFO rejoined in February 2025. This figure represents an impressive year-over-year growth of 11.85% compared to February 2024. Many of these individuals switched jobs and chose to transfer their EPF accumulations rather than opting for final settlements. This decision not only helps them maintain their long-term financial security but also ensures continued access to social security benefits.
The trend of rejoining members underscores the importance of EPFO in providing a safety net for employees, encouraging them to remain within the organized sector. By opting to transfer their funds, these members demonstrate a commitment to safeguarding their financial future while benefiting from the protections offered by EPFO.
Growth in Female Membership
February 2025 also saw a notable increase in female membership, with approximately 208,000 new female subscribers joining EPFO. This marks a year-over-year growth of 1.26% compared to February 2024. Additionally, the net payroll addition for female members reached around 337,000, showcasing a significant year-over-year growth of 9.23%.
The rise in female participation is indicative of a broader shift towards a more inclusive workforce, reflecting changing societal norms and increased opportunities for women in various industries. This growth not only enhances the diversity of the workforce but also contributes to the overall economic empowerment of women in the labor market.
State-wise Contributions and Industry Trends
A state-wise analysis of the payroll data reveals that the top five states and Union Territories account for approximately 59.75% of the net payroll additions, contributing around 962,000 new members during the month. Maharashtra leads the way, adding 20.90% of the total net payroll. Other states such as Tamil Nadu, Karnataka, Gujarat, Haryana, Delhi, Telangana, and Uttar Pradesh also made significant contributions, each adding more than 5% of the total net payroll.
Industry-wise trends indicate that sectors such as fish processing, societies and clubs, cleaning services, computer-related establishments, and airlines have experienced notable growth in net payroll additions. Notably, around 41.72% of the total net payroll addition comes from expert services, including manpower suppliers and security services.
The EPFO continues to release provisional payroll data, which is subject to updates as new employee records are generated. This ongoing process ensures that the data remains accurate and reflective of the current employment landscape, providing valuable insights into the dynamics of the labor market.
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