epfo service

1. Employees’ PF Organisation services In order to provide online facilities like PF claim settlement and meeting of KYC norms to activate portable PF accounts, retirement fund body EPFO will extend these to 2 lakh common service centres (CSCs). EPFO has decided to extend services like Aadhaar seeding with Universal (portable PF) Account Number (UAN), digital life certificate of pensioners, e-KYC operated upload and update facility, UAN card-related and online claim service at two lakh CSCs of the IT Ministry. The pact on this prospective inked soon all Employees’ Provident Fund Organisation (EPFO) and the IT Ministry, which will eventually help the body operationlise all 7.84 crore UANs issued to subscribers. According to the data available at EPFO website, as many as 2.93 crore UAN’s have been activated by subscribers, which are now portable for life. UAN account holders are not required to transfer their PF account on changing jobs. EPFO has been experience the issue of slower activation of UAN accounts as members are required hassle that online themselves. Since a abundance of industrial workers are not tech savvy, they are not able to activate their UAN. The extension of EPF service on two lakh CSCs will help technology challenged industrial workers to complete the e-KYC norms and activate their UANs. Besides they would allow settle the pension and PF withdrawals claims eventually. EPFO has planned to launch host of online services like settlement of PF and pension claims this fiscal. But subscribers would support access these online services only after activation of their UAN accounts. A senior administrator said the decision was taken at the meeting of the panel, CBT (EPFO) held last week. The services expected provided under the pact will be Aadhaar card seeding with UAN, digital life certificate of pensioners, eKYC operated upload and update facility, UAN card related service and online claim service, it added.

2. The meeting also appoint the issue of generation of multiple UANs for a single EPF member. To consolidate multiple UANs, the member needs to direct PF transfer from previous EPF account to the present EPF account, the official said. “So a system has been developed to identify such cases where the PF transfer has been affected from one EPF account to another, both having different UANs fit these EPF accounts,” he explained. All such identified UANs, from what place transfers have been affected prospective deactivated and old UAN budding blocked for further use, the official added. DECLARATINONS OF QURIES Question No.1 : What is the interest on PF Account Currently ? The member of Employee provident fund balances earns interest as per the annual percentage rate declared annually all government of India. Each year the central government revise the interest rate assume revenues getting by EPFO in previous twelve month period and for the calendar year 2012 - 13 prime rates on EPF is 8.50 %.( Read more....) Question No 2: How to withdrawal EPF Amount Without employer Signature? Download the EPF withdrawal form from the Official EPF website and dully fill it up with all your working details and personal details and get the attestation from gazetted officer or Bank manager or postal service or Notary or Magistrate finally send this details to the regional EPF office. Before that take one set of copies of the documents you send. (Read more....) Question 3: After sending the withdrawal form to PF regional office so that you did not receive any response from PF what will you do?

3. You can file complaint with PF Online or you can file Right To Information Act to know the status about the application you sent of your withdrawal. (Read more....) Question 4: what is EPF? Employee Provident Fund is created with the purpose of providing financial security to the elderly people. It is help to employee save some of amount excuse their salary every month and impending used in an event of retirement. (Read more....) Question 5: If employee is not a family pension scheme member and he/she is 56yrs. grown can he/she join family pension? Yes, by diverting from her/his PF balance family pension scheme contribution from date if her/his joining or 01-03-71 whichever is later. (Read more....) Question 6: If employee is a family pension scheme member and he / she retired after 58 yrs developed on 15-01-94. can she/he join will get pension under the new scheme? Yes, anyone who has retired by reaching age 58 between 01-04-93 and 15-11- 95 may join the scheme by returning the withdrawal benefit also with interest. He will be paid pension with immediate effect from date of exit provided he has rendered 10yrs of eligible service. (Read more....)