EPFO 3.0 is going to be launched soon, these rules related to PF will change after its arrival

EPFO 3.0: The Employees Provident Fund Organization (EPFO) will soon launch its new platform EPFO ​​3.0. Through this strong IT platform, facilities like bank will be provided to members. Union Labor and Employment Minister Mansukh Mandavia said last month that this new system will be operational between May to June 2025.

More than 9 million subscribers benefit

He had said that EPFO ​​3.0 would be such a trusted platform, which will provide many new facilities to its more than 9 crore subscribers without any hassle. For example, the settlement of the claim will become automatic, digitally mistakes will be improved and most importantly you will be able to withdraw PF money directly from the ATM, as the money kept in the bank account is withdrawn from the ATM. Today we are going to tell you through the news that which new changes are going to happen in EPFO ​​3.0-

• The process of withdrawing PF money will be easier and faster than ever. Claim settlement will also be done on its own, there will be no need to work manually.
• After the claim is approved, you will be able to withdraw money directly from the ATM like a bank account.
• You can improve any information given in your account online from home, which will end the mess of filling the form.
• The EPFO ​​is now considering to include other social security schemes like Atal Pension Yojana and Pradhan Mantri Jeevan Bima Yojana in its system so that unorganized and informal sector workers can also get better benefits of pension and security.
• Now instead of filling a long form, you will be able to make necessary changes in a quick and safe manner through OTP.

Apart from this, the EPFO ​​has also introduced the Centralized Pension Payment System (CPPS) to provide better facilities to the pensioners. Under this, pension amount can be obtained from any branch of any bank in the country. This step will facilitate pensioners.

Esic health services

Employees State Insurance Corporation (ESIC) is also upgrading its facilities. Soon the beneficiaries of ESIC will be able to avail free treatment in government, private and charitable hospitals under Ayushman Bharat Scheme. Currently, ESIC 165 is providing medical facilities to 18 crore people through hospitals.

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