Over 7.6 crore members of the retirement fund organization EPFO would benefit from the two new services that were introduced on Saturday. Members can now update their personal information online, including their name and birthdate, without the employer's or EPFO's consent.
 
Additionally, members of the Employees' Provident Fund Organization (EPFO) who have e-KYC EPF accounts (Adhaar seeded) can submit their EPF transfer claims online using an Aadhaar OTP (one-time password) without the employer's help.

Mansukh Mandaviya, the Union minister of Labor and Employment, launched the two new services.
 
Mansukh Mandaviya, the Union minister of Labor and Employment, stated: "The Employees Provident Fund Organization (EPFO) has over 10 crore beneficiaries nationwide. Frequently, a lengthy procedure must be followed to update information in EPFO. Numerous advancements have been achieved in this area, and one of the most significant ones is that you may now modify the information you provided in EPFO by visiting the wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital platform on your own without assistance, the media person said.
 
According to Mansukh Mandaviya, member profile and KYC concerns account for about 27% of member complaints, and this percentage will significantly decline once the option is implemented. He said that big companies who receive a lot of these inquiries will also profit. The minister claimed that by enabling employees to self-correct the most common mistakes in personal information, such as name, date of birth, gender, nationality, father or mother's name, marital status, spouse's name, date of joining and date of leaving, without employer or EPFO approval, the EPFO has streamlined the joint declaration process on the EPFO portal.
 
 How to avail this new facility?

This facility will be available for members, whose UAN (universal account number) was issued after october 1, 2017 (when Aadhaar matching was made mandatory). No supporting document is required in such cases, the minister informed. If the UAN was issued before october 1, 2017, the employer can correct details without the EPFO's approval. The requirement of supporting documents has also been simplified for such cases.
Only where UAN is not linked with Aadhaar, any correction would have to be submitted physically to the employer and after verification forwarded to EPFO for approval, he explained. UAN registration is done by the employer for the employee at the time of joining. For many employees, mistakes were committed by employers in recording father/spouse name, marital status, nationality and service details during the registration process or later. In order to correct these errors, the employee had to make a request online with supporting documents. The request would have to be verified by the employer and then forwarded to EPFO for approval before any change could be effected. This process was called Joint Declaration.
 
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19/01/2025 09:14 AM