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No proposal to utilise unclaimed LIC, EPFO funds for other purposes: Govt
Unclaimed insurance funds over ten years go to the Senior Citizen Welfare Fund. Life Insurance Corporation of India holds unclaimed amounts totaling over seven thousand crore rupees. Inoperative Employees Provident Fund accounts contained over nine thousand crore rupees as of March 2026. Both LIC and EPFO are actively working to locate beneficiaries and settle pending claims. Pilot projects are underway for automatic settlement of smaller inoperative EPF accounts.
Raccontata da
economictimes.indiatimes.com
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No proposal to utilise unclaimed LIC, EPFO funds for other purposes: Govt
Unclaimed insurance funds over ten years go to the Senior Citizen Welfare Fund. Life Insurance Corporation of India holds unclaimed amounts totaling over seven thousand crore…
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Rs 9,330 crore lying in the inoperative EPF accounts; is your account also one of them; here's how to claim fund - The Economic Times
As much as Rs 9,330.56 crore lies in inoperative Employees Provident Fund accounts. This unclaimed amount is as of March 31, 2026, according to government data. The Employees…