What are the Interesting Features of EPFO 3? Here is your Complete Guide!

The updated EPFO 3.0 is expected to be user-friendly for the beneficiaries according to the statement revealed by the Union Labour Minister Mansukh Mandaviya. The new system will offer the convenience similar to that of banking services in India. The PF of this EPFO 3.0 will be distributed based on the CPPS (Centralised Positive Pay System) which came into effect from January 2025.

Features of EPFO 3.0  

• The employees who receive the PF can withdraw their money from the ATM directly for their financial requirements
• The update in the first phase of website and system before the end of the January 2025
• The employee can contribute less due to the newly launched EPS (Employees’ Pension Scheme), the contribution by the employees was previously set as 12%. 
• All these new changes would make the employees to utilise their PF easily without any hurdle in receiving it from any bank.

Related Posts

• Bihar 2025 Public Holidays
• Delhi CM Atishi Slams BJP Ramesh Bidhuri for his remarks over her Father
• Nepal Earthquake Today Magnitude 7.1 Strikes Tibet, Claims 32 Lives
• Unmarried Couples No Longer Allowed to Book OYO Rooms