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EPFO adds 16.1 lakh members in February as employment rises

IANS April 21, 2025 234 views

The Employees' Provident Fund Organisation (EPFO) has recorded an impressive net addition of 16.1 lakh members in February 2025, signaling positive employment trends. Young workers aged 18-25 constitute the majority of new subscribers, representing 57.71% of total new additions. Female workforce participation is also showing promising growth, with a 9.23% year-on-year increase in net payroll additions. The data suggests a robust recovery in the job market and increasing awareness about social security benefits.

"The growth in female member additions is indicative of a broader shift towards a more inclusive and diverse workforce." - EPFO Statement"
New Delhi, April 21: The Employees' Provident Fund Organisation (EPFO) on Monday announced a net addition of 16.10 lakh members in February this year. The year-on-year analysis reveals a growth of 3.99 per cent in net payroll additions compared to the same month last year, reflecting increased employment opportunities and heightened awareness of employee benefits, bolstered by the EPFO's effective outreach initiatives, according to an official statement.

Key Points

1

Young workers dominate new EPFO memberships

2

Maharashtra leads state-wise net payroll additions

3

Female workforce participation shows steady growth

The figures further showed that the EPFO enrolled around 7.39 lakh new subscribers in February 2025, with a dominance of the young 18-25 age group. As many as 4.27 lakh new subscribers were added in this age group, constituting a significant 57.71 per cent of the total new subscribers added in the month. This is in consonance with the earlier trend, which indicates that most individuals joining the organised workforce are youth, getting into their first jobs.

Further, the net payroll addition for the age group 18-25 for February 2025 is approximately 6.78 lakh. This represents a growth of 3.01 per cent from the same month last year, the statement said.

Approximately 13.18 lakh members, who had exited earlier, rejoined the EPFO in February 2025. This figure depicts a significant 11.85 per cent year-over-year growth compared to February 2024. These members switched their jobs and re-joined the establishments covered under the ambit of the EPFO and opted to transfer their accumulations instead of applying for final settlement, thus safeguarding long-term financial well-being and extending their social security protection, the statement said.

Around 2.08 lakhs new female subscribers joined EPFO in February 2025. It depicts year-over-year growth of 1.26 per cent compared to the same month of the previous year.

Further, the net female payroll addition during the month stood at around 3.37 lakh, a significant year-over-year growth of 9.23 per cent compared to February 2024. The growth in female member additions is indicative of a broader shift towards a more inclusive and diverse workforce, according to the statement.

State-wise analysis of payroll data denotes that the top five states/UTs constitute around 59.75 per cent of net payroll addition, adding a total of around 9.62 lakh net payroll during the month. Of all the states, Maharashtra leads all the states with the addition of 20.9 per cent of net payroll during the month. The states/UTs of Maharashtra, Tamil Nadu, Karnataka, Gujarat, Haryana, Delhi, Telangana, and Uttar Pradesh individually added more than 5 per cent of the total net payroll during the month.

Reader Comments

R
Rahul K.
Great to see more young people joining the workforce! The 18-25 age group numbers are especially encouraging. Hope this trend continues and leads to more stable employment opportunities. 👍
P
Priya M.
While the growth is positive, I wish the article had more details about the types of jobs these new members are getting. Are these mostly entry-level positions? Would help understand the quality of employment.
S
Sanjay P.
The increase in female workforce participation is the real highlight here! 9.23% growth is substantial. More companies should focus on creating women-friendly workplaces to sustain this momentum. 💪
A
Ananya R.
As someone who recently joined EPFO through my first job, I can say the awareness campaigns really helped me understand the benefits. Glad to see others benefiting too!
V
Vikram S.
Maharashtra leading again in job creation! Not surprising given the industrial growth there. Other states need to step up their game to balance regional development.
N
Neha T.
The fact that so many people are transferring their EPF instead of withdrawing shows growing financial awareness. Early withdrawals used to be such a big problem. Progress! 💰

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