The personnel' Provident Fund agency (EPFO) has added a fixed of reforms to put off the want for routing on line switch claims via an worker's modern-day or beyond employers.
The simplification is relevant to:
(1.) Transfers between member IDs linked with the equal usual Account wide variety (UAN) allotted on or after october 1, 2017, and related with Aadhaar.
(2.) Transfers between member IDs connected with exclusive UANs, wherein those UANs have been allotted on or after october 1, 2017, and connected with the equal Aadhaar.
(three.) Transfers between member IDs connected with the same UAN allocated before october 1, 2017, supplied the UAN is connected with Aadhaar and the member's name, date of birth, and gender are same throughout the member IDs.
(four.) Transfers between member IDs connected with one of a kind UANs, in which at the least one UAN became allocated earlier than october 1, 2017, and is related with the equal Aadhaar, are also eligible, supplied the call, date of start, and gender suit across member IDs.
importance for employees
it is predicted that the flow will lessen delays in and make PF switch extra green.
benefits
(1.) faster transfers (disposing of business enterprise involvement)
(2.) convenience (manipulate transfers without delay thru portal)
(three.) more desirable transparency
Steps to link EPF UAN with Aadhaar
(1.) go to the EPFO e-Sewa internet site and log in with UAN, password and captcha.
(2.) click on on 'KYC' under the 'manipulate' menu and pick out the Aadhaar checkbox inside the KYC age.
(3.) input the 12-digit Aadhaar variety and name (as in line with Aadhaar).
(four.) click 'publish' to store the details for verification.
(5.) Aadhaar facts might be verified in opposition to uidai data.
(6.) once tested efficaciously, your Aadhaar could be related to your EPF account
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