Update 01 May, 2017: Online PF withdrawal application launched
Employees Provident Fund Organisation is planning to settle all the claim applications through online within Three Hours.
Employees Provident Fund Organisation is expected to launch online facility for claim settlements, including pension fixation and EPF withdrawal by May 2017 to put an end to tiresome paper works. At present, the Employees’ Provident Fund Organisation receives more than one crore claim applications for settlement or other Pension/advance related applications including EDLI scheme applications.
Employees Provident Fund Organisation’s Central Provident Fund Commissioner V P Joy told PTI, “The process of connecting all field offices with a central server is going on. We may introduce the facility for online submission of all types of applications and claims like EPF withdrawal and pension settlement by May this year”
Employees Provident Fund Organisation has a determined plan to settle the claims after filing of application by members within few hours. For instance, to settle the EPF withdrawal claim within three hours of filing an online application. As per the scheme, Employees Provident Fund Organisation is required to settle all the claim applications within 20 days from date of filing of the application for EPF withdrawal or settlement of pension.
Under the pilot, the Employees Provident Fund Organisation has already connected its around 50 field offices with the central server.
In a recent review meeting on digitisation in the Employees Provident Fund Organisation, the field formations and Information Services wing has been asked to link all 123 offices with the central server so that subscribers can be provided services online.
Employees Provident Fund Organisation has made it mandatory for all subscribers as well as pensioners to submit their Aadhaar number. This will help linking EPF account, pension account, bank account and Aadhaar number which would eventually facilitate providing a host of online facilities to subscribers like online withdrawal and fixation of pension.
The body has recently extended the deadline for submitting Aadhaar for its subscribers and pensioners till March 31, 2017. Seeding of Aadhaar number with the EPF, pension and bank accounts are required for settling claims online to reduce public interface for bringing in more transparency.