Employer Guideline for automatic transfer of Provident Fund Account

In the wake of recent digital initiatives with the objective of making EPFO a Paperless Organization, the new procedure has been formulated for transfer of accounts of a member on change of employment to facilitate seamless and hassle-free service to subscribers. PF Account will be transferred automatically. 2. In case the employee already has a UAN, […]

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PF Balance Transfer: New Facility User Guide

Many employees forget to transfer the balance from their previous provident fund (PF) accounts when they change jobs. Some of them even withdraw the money from PF account. Since PF is meant for one’s retirement years, financial experts suggest that the accumulated savings should not be withdrawn during one’s working years. To encourage employees consolidate […]

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