EPFO is a government-run social security scheme that provides retirement benefits to employees, which helps senior citizens to plan a safe and secure old age life. Here are some ways in which the EPFO scheme is helping senior citizens to plan a safe and secure old age life:

Provident fund contributions: EPFO mandates provident fund contributions from both employees and employers, which helps employees build a retirement corpus and provides financial security in their old age.

Pension benefits: EPFO provides pension benefits to employees, which ensures that they have access to a retirement corpus and are not left financially vulnerable in their old age.

Social security: EPFO provides social security by ensuring that employees have access to a retirement corpus and are not left financially vulnerable in their old age, which helps to promote a safe and secure old age life.

Forced savings: EPFO encourages forced savings by mandating contributions from both employees and employers, which helps employees build a retirement corpus and accumulate wealth over time.

Reduced dependence on family: EPFO reduces the dependence of senior citizens on their families by providing financial security and social welfare benefits, which helps them to maintain their dignity and independence in their old age.

By providing forced savings, pension benefits, social security, and reduced dependence on family, EPFO is helping senior citizens to plan a safe and secure old age life, which promotes their well-being and financial independence.