EPFO is one of the World's largest Social Security Organisations in terms of clientele and the volume of financial transactions undertaken. At present, it maintains more than 15 crore accounts pertaining to its members.
EPFO is under the control of the Ministry of Labour and Employment, Government of India.
The Employees' Provident Fund came into existence with the promulgation of the Employees' Provident Funds Ordinance on the 15th of November 1951.
It was replaced by the Employees' Provident Funds Act, 1952. The Employees' Provident Funds Bill was introduced in the Parliament as Bill Number 15 of the year 1952 as a Bill to provide for the institution of provident funds for employees in factories and other establishments.
The Act is now referred as the Employees' Provident Funds & Miscellaneous Provisions Act, 1952 which extends to the whole of India except Jammu and Kashmir.
Founded- 4 March 1952
Headquarters- Bhavishya Nidhi Bhawan, 14, Bhikaji Cama Place, New Delhi, India.
Key People (Commissioners)- Dr V P Joy (Central Provident Fund Commissioner), Rajesh Bansal (Additional Central Provident Fund Commissioner)
Services- Provident Fund, Pension and Insurance Schemes, Implementing Agency for Bilateral Social Security Agreements.