₹47k cr benefits disbursed in 2015-16: EPFO
Retirement fund body Employees' Provident Fund Organisation (EPFO) disbursed nearly ₹47,630 crore as member benefits and ₹8,200 crore as monthly pensions in 2015-16, EPFO said on Friday. Further, 1.18 crore claims were settled in the fiscal, it added. Also, the process of online reporting of compliances is expected to start by July-September quarter this year, it said. 