Government will form an expert panel to study Employee Provident Fund, EPF investment pattern. Labour and Employment Minister, Bandaru Dattatreya said this today at the 205th Meeting of Central Board of Trustees of EPFO. He also said a separate Committee will be appointed to facilitate subscribers to buy houses from EPFO funds.The Minister said, the statutory wage ceiling under the EPF and MP Act has been enhanced to Rs 15,000 with effect from the 1st of September this year. This will lead to coverage of approximately 50 lakh more members to the existing 3.69 crore members under the EPFO. To further improve service delivery in EPFO, the benchmark settlement of claims has been reduced from existing 30 days to 20 days.