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EPFO 3.0: The Employees' Provident Fund Organisation (EPFO) has launched Passbook Lite, online annexure K and fast-track settlement to provide some relief to its members. Most of the EPFO members face some issues while accessing their accounts to check their PF (provident fund) balance or get any other information. Sometimes their balance will not be visible, or they face login issues.

Take a look at the changes made by EPFO:

As the EPFO launches Passbook Lite, checking the PF balance will become easier. With this, a simple summary passbook will be visible directly on the member portal. The detailed and graphical passbook will still be available on the old portal. Earlier, members had to log in Detailed and graphical passbook will still be available on the old portal to check the PF balance.

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With this, members will be able to download Annexure K PDF themselves and see the entire account of transfer transparently. They will be able to easily track whether the service period and balance have been updated correctly or not. A permanent digital record will also be available for EPS calculation.

Annexure K is a transfer certificate and earlier the PF was transferred when the job was changed. This transfer certificate was only possible at the members' request.

Now, the approval for settlement will be given by the assistant PF commissioner and subordinates, the claims will become faster and smoother. Earlier, the higher officer's approval was necessary for PF transfer, withdrawal, advance, and refund. Therefore, it used to be delayed. 

The EPFO has recorded an all-time high net addition of 21.89 lakh members in June 2025, the highest since payroll data tracking began in April 2018, marking a 9.14 per cent rise in net payroll additions compared to May 2025 and a year-on-year growth of 13.46 per cent from June 2024, reflecting increased employment opportunities and heightened awareness of employee benefits.

EPFO enrolled around 10.62 lakh new subscribers in June 2025, a 12.68 per cent increase over May 2025 and a 3.61 per cent rise compared to June 2024. A majority of these new subscribers belong to the 18-25 age group, with 6.39 lakh joining during the month, accounting for over 60 per cent of total additions.

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