- 7.54 lakh new members enrolled with EPFO
- Maharashtra is leading by adding 20.24% of net payroll during the month
- The states/UTs of Maharashtra, Tamil Nadu, Karnataka, Haryana, Gujarat, Delhi, Uttar Pradesh and Telangana individually added more than 5% of the total net payroll during the month.
NE BUSINESS BUREAU
NEW DELHI, MAY 21
Retirement fund body, The Employees’ Provident Fund Organization (EPFO), has added 14.58 lakh net members in March 2025, a growth of 1.15 per cent over the same month last year, according to the latest payroll data.
The growth in net member additions signifies increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO’s effective outreach initiatives, a Labour Ministry statement said.
New Subscribers
EPFO enrolled around 7.54 lakh new subscribers in March 2025, representing a 2.03% increase over February 2025 and 0.98% year over year growth compared to the previous year in March 2024. This growth in new subscribers can be attributed to growing employment opportunities, increased awareness of employee benefits, and EPFO’s successful outreach programs.
Age Group 18-25 Leads Payroll Addition
A noticeable aspect of the data is the dominance of the 18-25 age group, 4.45 lakh new subscribers added in the 18-25 age group, constituting a significant 58.94% of the total new subscribers added in March 2025. New subscribers in the 18-25 age group added in the month show an increase of 4.21% compared to the previous month of February 2025. It also depicts a growth of 4.73% from the previous year in March 2024.
Further, the net payroll addition for the age group 18-25 for March 2025 is approximately 6.68 lakh reflecting a growth of 6.49% from the previous year in March 2024. This is in consonance with the earlier trend which indicates that most individuals joining the organized workforce are youth, primarily first-time job seekers.
Rejoined Members
Approximately 13.23 lakh members, who had exited earlier, rejoined EPFO in March 2025. This figure depicts a 0.39% increase over February 2025. It also shows a significant 12.17% year-over-year growth compared to March 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.
Growth in Female Membership
Around 2.08 lakhs new female subscribers joined EPFO in March 2025. It reflects an increase of 0.18% compared to the previous month of February 2025. It also depicts year-over-year growth of 4.18% compared to March 2024.
Further, the net female payroll addition during the month stood at around 2.92 lakh, with a year over year growth of 0.78% compared to March 2024. The growth in female member additions is indicative of a broader shift towards a more inclusive and diverse workforce.
State-wise Contribution
State-wise analysis of payroll data denotes that the top five states/ UTs constitute around 59.67% of net payroll addition, adding a total around 8.70 lakh net payroll during the month. Of all the states, Maharashtra is leading by adding 20.24% of net payroll during the month. The states/UTs of Maharashtra, Tamil Nadu, Karnataka, Haryana, Gujarat, Delhi, Uttar Pradesh and Telangana individually added more than 5% of the total net payroll during the month.
