Prospects UPSC EPFO AO/EO Exam in 2021
The EPFO recruitment is for the General Central Service Group ‘B’, Non-Ministerial posts.. The Union Public Service Commission (UPSC) , which is recruitment agency for EPFO has released 421 vacancies for the UPSC EPFO recruitment of Enforcement Officer/Accounts Officer, Employees’ Provident Fund Organisation, Ministry of Labour and Employment in jan 2020. The last date is already over and ezam is scheduled to be conducted in oct 202K. Complete exam schedule can be checked in seperate article.
Over the past Years EPFO has grown many folds. it clear from following data
- The EPS has since its inception grown in terms of the beneficiaries at a rapid pace. In the last 5 years the overall growth in terms of the pensioners being benefitted by the scheme has increased by more than 6.5% CAGR.
- Pension for 2074578 beneficiaries is being given to the families of the deceased member.The number of contributory members has been growing at a rapid pace.
- As depicted in the graph, the contributory membership has grown at the CAGR of about 7.5% since last 5 years.
- The trend of growth of contributory establishments has seen a CAGR of around 12.5% in the last 5 years. This upward swing has roughly doubled the contributory establishments in less than 6 years.
Increased number of benefeciaries required more and more manpower to manage. It is expected that EPFO vacancies will be there for at least 5 continuous years. This year vacacies are 421 , next year again more that 400 vacancies are expected. New advertisement is expected in first quarter of 2k21. Candiates mujst keep on preparing from a long term perspective.
Check out other articles for UPSC EPFO ( EO/AO) Examination process