Millennium Post

EPFO settles as many as 118 lakh claims in 2015-16

Retirement fund body EPFO has settled 118 lakh claims including PF withdrawals last fiscal ended March 31, of which 96 per cent were settled within the mandated period of 20 days. “At the end of the financial year 2015-16, EPFO settled 118 lakh claims out of which 39 per cent were settled within 3 days, 79 per cent within 10 days and 96 per cent within 20 days,” EPFO said in a statement. 
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