EPFO net new member additions rise 9.07% to 18.53 lakh in August
EPFO added 18.53 lakh new members in August 2024, a 9.07 per cent increase from the previous year. 59.26 per cent of new members were aged 18-25. Female membership grew by 10.41 per cent. Maharashtra led with the highest net member addition. Many members rejoined EPFO after changing jobs, opting to transfer their accumulations.
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