Retirement fund body Employees' Provident Fund Organisation's, EPFO has settled more than 90 lakh claims in the period of April-December last year. Labour and Employment Ministry in a release said, 96 per cent of the cases were settled in mandated 20 days period. It said, in a major policy decision the EPFO's advisory body Finance Investment and Audit Committee approved the accounting policy and method of accounting for equity and related investments. This decision is taken with a view to bring procedural clarity and also to serve as a guide to the various exempted establishments who also have to now invest 5 per cent of their corpus in the equity market as per government guidelines. EPFO has started investment in stock markets in August last year.