IND EPFO Digital Life Certificates

On Jun. 21, IND EPFO issued measures to update life certificates.

  • IND EPFO initiated special drive for newly recruited social security assistants (SSAs) to follow up with digital life certificate (DLCs) pending for update for over three years.
  • Includes requirements to coordinate with pension disbursing banks to obtain details.
  • As of Jun. 19, 2024, 449k life certificates are pending for update for over 3 years.
  • Updating life certificates in the application software is important in order to ensure continuation of disbursement of pension without any breaks; avoid undue payments.
  • Follows IND DoT Oct. 2023 issued memo re submission of life certificates, #187753.
  • Effectiveness
  • Special drive will last 1 month with effect from Jun. 20, 2024, i.e. until Jul. 20, 2024.

Regulators IND EPFO
Entity Types Bank; CNSM; Pension
Reference Cir E-File No. 495566-1903, 6/21/2024
Functions Compliance; Operations; Product Administration
Countries India
Products Banking; Pensions; Retirement Plan
Regions AP
Rule Type Final
Rule Date 6/21/2024
Effective Date 7/20/2024
Rule Id 216880
Linked to Rule :187753
Reg. Last Update 6/21/2024
Report Section International

Last substantive update on 06/26/2024