EPFO added all-time high  20.06 lakh net members in May 2025

PTI New Delhi

Retirement fund body EPFO added all-time high  20.06 lakh net members in May 2025, which includes 9.42 lakh new employees, as per the payroll data released on Monday. This is 4.79 per cent higher as compared to April 2025 and 2.84 per cent more on year-on-year basis. The May figure marks the highest recorded addition since payroll data tracking began in April 2018,  a labour ministry statement said.

Union Minister of Labour & Employment Mansukh Mandaviya said the EPFO's all-time high net member addition in May 2025 is a testament to the growing strength of India's formal employment landscape. "This historic achievement is the direct result of Prime Minister Narendra Modi's visionary leadership and the government's unwavering commitment to pro-youth, pro-worker reforms," he added. The EPFO enrolled around 9.42 lakh new subscribers in May 2025, representing 11.04 per cent increase over April 2025.

This increase in new subscribers can be attributed to growing employment opportunities, increased awareness of employee benefits, and EPFO's successful outreach programs. A noticeable aspect of the data is the dominance of the 18-25 age group. The EPFO added 5.60 lakh new subscribers in the 18-25 age group, constituting a significant 59.48 per cent of the total new subscribers added in May 2025.