ET had reported earlier that the retirement fund body could either retain the interest rate at last year's level or lower it marginally to enhance surplus.
Official data shows EPFO has processed over 50.8 million claims amounting to Rs 2.05 lakh crore in 2024-25 compared to 44.5 million claims worth Rs 1.82 lakh crore settled in 2023-24.

EPFO had given interest at the rate of 8.25% for 2023-24 on the income of Rs 1,07,000 crore, the highest ever, on a total principal amount of about Rs 13 lakh crores.
This was higher than 8.15% interest rate declared for 2022-23 on the income of Rs 91,151.66 crore on a principal of Rs 11.02 lakh crore.

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