The Employees' Provident Fund Organisation (EPFO) is a statutory body under the Ministry of Labour and Employment, Government of India. It is responsible for managing and administering the Employees' Provident Fund (EPF), a retirement savings scheme for employees in India. What is the purpose of the auto-mode claim settlement introduced by EPFO?
1
To process advance claims for illness only.
2
To process advance claims for education, marriage, and housing.
3
To process advance claims for retirement benefits.
4
To process advance claims for unemployment benefits.
5
To process advance claims for foreign travel.