Taking to Twitter, the retirement fund body has said that the account holders will be able to add nominees to their respective accounts through the e-nomination facility after December 31 as well.
EPFO had previously said that the name of the nominee mentioned in the latest PF nomination will be treated as final, whereas after fresh nomination by the account holder, the earlier nomination will be treated as cancelled.
Under the Employees' Deposit Linked Insurance Scheme, 1976 (EDLI) to all EPF subscribers, the entire EPF account benefit of Rs 7 lakh is given as free insurance. If the member dies without any nomination, it becomes difficult to process the claim.