A STUDY ON EMPLOYEES’ PROVIDENT FUND AND ITS ROLE IN SECURING EMPLOYEES’ FUTURE IN INDIA

AUTHOR – PRABANJALI S.P, TAMILNADU DR. AMBEDKAR LAW UNIVERSITY

BEST CITATION – PRABANJALI S.P, A STUDY ON EMPLOYEES’ PROVIDENT FUND AND ITS ROLE IN SECURING EMPLOYEES’ FUTURE IN INDIA DELAYS?, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 5 (6) OF 2025, PG. 173-180, APIS – 3920 – 0001 & ISSN – 2583-2344.

Abstract

The Employees’ Provident Fund (EPF) is a pivotal social security scheme in India, aimed at promoting savings among employees for their post-retirement life. Managed by the Employees’ Provident Fund Organization (EPFO), the EPF scheme plays a significant role in ensuring financial stability and social welfare. This paper examines the legal framework, practical implementation, judicial interpretations, and challenges of the EPF system in India. Through this study, the aim is to analyze the adequacy, accessibility, and effectiveness of the EPF in safeguarding employees’ economic future, while also identifying gaps in policy and implementation. Recommendations for strengthening the framework are also proposed.

Keywords – Employees’ Provident Fund, EPFO, Social Security, Retirement Benefits, Labor Law, Employee Welfare, Indian Constitution, Financial Security