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EPF (Employees Provident Fund) scheme is a retirement savings scheme for employees across India. In this scheme, a small portion of your salary is deducted from your salary account to your EPF account. Over a time it grows into a corpus which can be handy at the time of the emergencies.
Earlier if an employee switches their jobs they had to open a new EPF account with the company and submit an application to the new company to transfer the previous balance in new account. And as this was very inconvenient especially when one had to switch job frequently, the employees either used to avoid the whole process or withdraw their EPF account.
However, with the new initiative taken by the EPFO (Employees Provident Fund Organization), your EPF account will be automatically transferred in case you switch your job. Hence, it becomes easy and very convenient for people who change their jobs frequently.
This was communicated by the Central Provident Fund Commissioner in an order stating the revision of the transfer procedure.
Offline and Online method of EPF accumulation after changing jobs
In case your Aadhaar number is not linked with your PF account or with UAN (Universal Account Number) or the verification is still pending with the previous employer, you have to go with the offline procedure, as online procedure is not available in such cases.
For offline process of EPF accumulation, you have to get Form 13 (you can get it from your employer or you can download it by clicking here) fill the form properly and submit it to your new employee. Followed by the employer who is required to forward this application to EPFO office and PF will transferred in due course.
Also note, in the offline transfer the attestation of both the previous and the new employer is required.
In an online process, an employee is required to fill up the Composite Declaration Form (F – 11 Click here to download) with the details about their previous PF account and UAN, when they join a new company and submit it to their new employer.
The new employer is then required to update these details on the employers portal at EPFO
In case the UAN and PF account is linked with your Aadhaar number it will proceed with auto – transfer process.
Once done, an SMS will be sent on employees mobile phone number informing the same.
Check Here – How to link Aadhaar with EPF Account.
EPFO stands for Employees Provident Fund Organization. It is a statutory body under the Ministry of Labour and Employment, Government of India. The Organization was founded on 4th of March 1952.
The Organization offers special services such as:
- Employees Provident Scheme 1952
- Employees Deposit Linked Insurance, Scheme 1976
- Employees Pension Scheme 1995
Member Portal of EPFO
The link for the online portal of the EPFO is members.epfoservices.in. The portal provides all the information and services which are related to the Employees Provident Fund.
To experience the services such as checking your EPF balance etc. you need to log in to the portal and ask for the permission to access the online EPF Account Passbook.
How to Login to the EPFO Member Portal
Follow the below given steps to log in to the EPFO Member Portal:
- Visit the EPFO Member Portal: unifiedportal-mem.epfindia.gov.in.
- In the main page for the registration, fill in the required details.
- Ensure that you enter the correct documents type since you will have to log in to the portal using the same details provided by you.
- After the registration process, log in to the EPFO Member Portal. If you wish to register into the portal with the help of the PAN Card, you will have to select the PAN Number from the tab mentioning “Select Any One Document” and enter your PAN Number.
- Now check the details before submitting, to get the PIN Number.
- After the submission of the details, you will get an authorization PIN.
- Now enter the authorization PIN, and you will be registered.
- From the above-mentioned steps, you can now easily open the member portal by entering the specific details such as the mobile number, document type, and document number and successfully download your EPF Passbook from the website.
EPFO Member Portal: (Things to Remember)
- You can use only one mobile number during the process of registration.
- You can add multiple id numbers, and you can use anyone with your mobile number to login to the EPFO Member Portal.
- After registering yourself, you can be able to view your EPF Passbook. It is to be noted that you will be able to use this facility only if your employer has uploaded the electronic challan cum return from the wage month May 2012 onwards.
- Being a registered member, you can only view one account under one employer. If you have more than one account with one employer then you should apply for a transfer by filling in the required details in Form 11.
- You will be able to view 10 accounts under different organizations (establishments). There is no restriction on the number of times you view all the accounts.
- You don’t have to create any User ID or Password. You just need your registered mobile number and anyone identification proof (Aadhaar/ PAN/ National Population Register/ Voter ID/ Driving License/ Passport) to register and Log in.
- If in case you wish to view the inoperative accounts, you need to make one official request for using the facility to display the inoperative accounts.
- It is, however, important to note that the facility is not available to the current members of the organizations (establishments) which have an exemption as per EPF Scheme 1952.
Prime Minister Narendra Modi has introduced the Universal Account Number (UAN) which is a 12-digit unique number to facilitate Provident Fund (PF) number portability. The UAN Number is allotted to the employee who is contributing to the EPF and will be generated for each of the PF Member by EPFO. The link to access the EPFO’s Universal Account Number (UAN) Member Portal is – unifiedportal-mem.epfindia.gov.in
This offers several facilities via one single window.
The UAN acts as an umbrella for the several individuals working under different organizations or establishments. UAN, therefore, links a multiple Member Identification Numbers of one Member. If you have been already allotted with a Universal Account Number (UAN), then you have to give the same to the new employer so the latter can mark the new Member ID to the allotted UAN.
You need to contact your Organization to get your UAN. After that, activate your registration to access different facilities such as the downloading of the UAN card, Updating of the KYC Details and much more.
At today’s time and age, private jobs are very popular which also means that job change is common. And while changing jobs, one is required to finish a lot of paperwork and collect dues etc.
EPF (Employees Provident Fund) is a retirement savings scheme which is a corpus of funds built through regular, monthly, contributions made by an employee and his / her employer. It is also one of the most popular forms of long-term retirement savings among the working population in India.
Hence, while changing jobs it is also important to transfer your PF account. Earlier the transfer was little inconvenient as it required a lot of paperwork like submitting the transfer form from an old employer to the new one, but with launch of an online self-service portal by EPFO this has become easier and hassle – free.
How to Transfer EPF Account Online
The process of transferring EPF account has become easy and hassle – free with the introduction of Unified Account Number (UAN) for EPFO subscribers.
Read the below points in order to transfer your EPF account
Register on the EPF Member Portal
In order to transfer your EPF account, you have to log in to the official portal of EPFO (Employees Provident Fund Organization) and become a member.
Portal for Online Claims Transfer
And the users are required to visit the online Transfer Claim Portal and register a claim for transfer of EPF. The login details for this portal are the same as those for the member portal.
Also make sure to check your eligibility in order to do the same. As there are cases where users are required to fill a physical form (Form 13).
If you want to transfer your EPF account and you are eligible to do the same visit the online portal and ‘Request for transfer of funds’ and enter the PF numbers of your previous and current employer. The previous and current employer is required to attest the form online. On filling in the details, a PIN will be generated and sent to the registered mobile number.
You will be provided with a tracking ID in order to track your application online. The printable Transfer Claim Form (Form 13) can be saved in the system. Print out Form 13, sign it and submit it to the employer to complete the process of claim submission.
As not everyone is well – versed with internet and has a secured internet connection, EPFO (Employees Provident Fund Organization) have made submitting life certificate easier.
EPFO have laid down provisions that will help pensioners to submit their life certificate smoothly as they can submit their Jeevan Pramaan Certificate in physical form. However, this facility will be provided to people who have recorded genuine reasons for non – submission of digital Jeevan Pramaan.
Also, in case a pensioner has already submitted their Jeevan Pramaan Certificate digitally, they are not required to do so again. And they would have the option of submitting the digital or paper based certificate to pension drawing bank branches.
As per the new conditions of EPFO, pensioners who have not submitted Jeevan Pramaan digitally even once can do so within this month in physical form.
To submit Jeevan Pramaan, one can visit EPFO offices, pension disbursing banks and common service centres.
Jeevan Pramaan is a biometric enabled digital service for pensioners of Central government, State government, or any other Government organizations. Pensioners have to register themselves and then they can continue to generate Jeevan Pramaan by using the Biometric authentication. Jeevan Pramaan life certificate can produced digitally from the comfort of your home as it can be done online. However, the traditional life certificates can be produced only by the authorized Pension Disbursing Agencies (PDAs) / Pension Sanctioning Authorities (PSAs) like Banks, Post offices etc.
In India more than one crore families can be classified as pensioner’s families. And one of the major requisite for the pensioners is to provide life certificates to the authorized pension disbursing agencies like Banks, Post offices etc., following which their pension is credited to their account. It requires the pensioner to be physically present in front of the disbursing agency or getting a life certificate often becomes a major hurdle in the process of receiving the pension. Being physically present causes a lot of inconvenience to the pensioners because of their age and also people often choose to move to a different location for various reasons. Hence, digital life certificate for pensioners which is also known as Jeevan Pramaan address this problem by digitizing the whole process.
At present, nearly 48.48 Lakh pensioners have registered for Jeevan Pramaan. And after 1st November 2016, nearly 31.24 Lakh pensioners have registered under Jeevan Pramaan life certificate.
This online enrollment and biometric authentication system will simplify the way pension payouts have been functioning in India. And as a part of Digital India initiative, the Jeevan Praman Scheme aims at sparing the pensioner from the trouble of visiting a PDA or PSA for the submission of life certificate.
Under EPF (Employees Provident Fund), it is advisable to transfer PF accounts between organizations as and when employees change their jobs.
Earlier subscribers had to file separate EPF transfer claims which is Form 13 (For transferring PF / pension between different accounts) regarding the same.
However, EPFO (Employees Provident Fund Organization) has declared that the subscribers no longer have to file separate EPF transfer claims using Form -13 as it will now be done automatically.
Although, at the time of joining, the employees are required to provide details of the previous EPF account in new composite F-11 form (which is a declaration form by a person taking up employment in any establishment on which EPF scheme is applicable). And after that funds will be automatically transferred by the EPFO to new EPF account.
An official of EPFO also said that they are deciding upon providing Aadhaar card and bank accounts of the employees along with to use new F – 11 composite form.
Also, note that recently EPFO (Employees Provident Fund Organization) have mandated linking Aadhaar number with the EPF account after Government made Aadhaar mandatory for all the other official documents. This linkage will also help to avail subsidized scheme easily where the subsidized amount will be transferred directly into the account.
To know more about the linkage between Aadhaar card and EPF account read
So, the Composite declaration form (F – 11) is replacing form 13 (For transferring PF/pension between different accounts) which is decided by the EPFO.
EPFO (Employees Provident Fund Organization) which works under the Ministry of Labor and Employment has also introduced an online portal where a subscriber can check EPF claim status online as well. And this process is easy and hasslefree. And only an EPF member or subscriber can make a withdrawal claim.