EPFO

Functioning under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952, under the Ministry of Labour and Employment, EPFO administers three schemes for organised-sector workers: the Employees' Provident Fund (EPF), the Employees' Pension Scheme (EPS-95), and the Employees' Deposit Linked Insurance (EDLI) scheme. The Central Board of Trustees determines the interest rate on the corpus, which is also invested partly in equities via ETFs. Portability across employers is handled through the Universal Account Number (UAN) system. The National Pension System governed by PFRDA constitutes a separate contributory pension architecture for government employees and voluntary subscribers.