EPFO added 2 million net subscribers in May 2025—its highest ever. Nearly half were first-time members, pointing to growing formal-sector employment
The 18–25 age group made up 59% of new members. This signals rising access to formal jobs for first-time entrants into the workforce
Rising female participation and a steady stream of rejoining members reflect greater workforce mobility and social-security awareness
Despite gains, 80% of Indian workers remain outside EPFO. Irregular earnings and lack of documentation hinder their access to formal schemes
The EPFO wage ceiling of ₹15,000/month has not changed since 2014. Many retirees still receive just ₹1,000/month—far below basic living costs
India must expand EPFO’s reach, revise thresholds, and improve pension adequacy to build a secure social-security net for a changing workforce