The Employees’ Provident Fund Organisation (EPFO) in January saw a net addition of 17.89 lakh members, the provisional payroll data for January 2025 of the Ministry of Labour and Employment shows. An increase of 11.48% was registered in net payroll addition during the current month as compared to the previous month of December 2024, according to the data.
State-wise analysis shows that the top five states/ UTs constitute around 59.98% of net payroll addition, adding a total around 10.73 lakh net payroll during the month. Among the state, Maharashtra lead by adding 22.77% of net payroll during the month. The states/UTs of Maharashtra, Karnataka, Tamil Nadu, Gujarat, Haryana, Delhi, Uttar Pradesh and Telangana individually added more than 5% of the total net payroll during the month.
EPFO: Which Age Group Dominated?
The data shows the dominance of the 18-25 age group. Notably, 4.70 lakh new subscribers added in the 18-25 age group, constituting a significant 57.07% of the total new subscribers added in January 2025. New subscribers in the 18-25 age group added in the month shows a growth of 3.07% from the previous year in January 2024.
Furthermore, the net payroll addition for the age group 18-25 for January 2025 is approximately 7.27 lakh, reflecting an increase of 6.19% compared to the previous month of December 2024 and a growth of 8.15% from the previous year in January 2024.
Gender-Wise Data
Gender-wise analysis of payroll data unveils that out of the total new subscribers added during the month, around 2.17 lakhs are new female subscribers. This figure exhibits significant year-over-year growth of 6.01% compared to January 2024.
Further, the net female payroll addition during the month stood at around 3.44 lakh, reflecting an increase of 13.48% compared to the previous month of December 2024. It also depicts a significant year-over-year growth of 13.58% compared to January 2024.
The growth in female member additions is indicative of a broader shift towards a more inclusive and diverse workforce.
What Else For EPFO?
The payroll data highlights that approximately 15.03 lakh members exited and subsequently rejoined EPFO. This figure depicts a significant year-over-year growth of 23.55% compared to January 2024.
These members switched their jobs and re-joined the establishments covered under the ambit of EPFO and opted to transfer their accumulations instead of applying for final settlement, thus safeguarding long-term financial well-being and extending their social security protection.
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