EPFO’s net member addition rises 11.67 pc to 17.89 lakh in Jan

New Delhi: Retirement fund body EPFO has added 17.89 lakh net members in January this year, reflecting a year-on-year growth of 11.67 per cent, according to payroll data released on Thursday.
An increase of 11.48 per cent has been registered in net payroll addition in the month under review compared to December 2024, a labour ministry statement said.
According to the statement, the Employees’ Provident Fund Organization (EPFO) has released provisional payroll data for January 2025, revealing a net addition of 17.89 lakh members.
Further, the year-on-year analysis reveals a growth of 11.67 per cent in net payroll additions compared to January 2024, signifying increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO’s effective outreach initiatives, it added.
The EPFO enrolled around 8.23 lakh new subscribers in January 2025. The new subscribers’ addition shows a growth of 1.87 per cent year-on-year.
It also stated that a noticeable aspect of the data is the dominance of the 18-25 age group, as 4.70 lakh new subscribers were added in the category, constituting a significant 57.07 per cent of the total new subscribers added in January 2025.
New subscribers in the 18-25 age group added in the month show a growth of 3.07 per cent year-on-year.
Further, the net payroll addition for the age group 18-25 for January 2025 is approximately 7.27 lakh, reflecting an increase of 6.19 per cent compared to December 2024 and an 8.15 per cent growth year-on-year.