EPFO’s Aadhaar-linked withdrawal, pension services by Mar 2017
8 years, 5 months ago

EPFO’s Aadhaar-linked withdrawal, pension services by Mar 2017

Live Mint  

New Delhi: Retirement fund body EPFO will launch a host of Aadhaar-linked online services such as PF withdrawal and pension fixation for its 4 crore subscribers by the end of this fiscal. “The Employees’ Provident Fund Organisation will soon launch a host of Aadhaar-linked services like PF withdrawals and pension fixation for its subscribers to facilitate such faster transactions for their benefit,” EPFO Central Provident Fund Commissioner V.P. Another senior EPFO official said the retirement fund body is likely to complete the work to operationalise central data server for its over 120 regional offices in the next two month. He further said that once the central data server is operational, the EPFO would start testing for providing services like online withdrawal and pension fixation.

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History of this topic

Pensioners may soon be able to make EPFO claims via UPI: Labour secretary
Trending News
2 days, 3 hours ago

Pensioners may soon be able to make EPFO claims via UPI: Labour secretary

Hindustan Times  

The Employees' Provident Fund Organisation is set to integrate Unified Payments Interface to reduce transaction times and increase convenience. Under the Provident Funds and Miscellaneous Provisions Act, an employer and worker both are required to contribute 12% of a person’s basic salary towards a retirement-benefits corpus managed by the EPFO “Our next step is to incorporate UPI into the system," …

EPFO speeds up claim processing, 60% settled via automated system
1 week, 1 day ago

EPFO speeds up claim processing, 60% settled via automated system

India Today  

The Employees' Provident Fund Organisation has made considerable progress in clearing advance claims, with 60% of advance withdrawal claims being settled through an automated payment system. This has resulted in the settlement of 2.16 crore claims in the current financial year, a massive increase from 89.52 lakh claims processed in the previous year. Besides, over 99% of claims are being …

No more long queues! 5 reasons why EPFO 3.0 will transform your retirement plans
Trending News
2 weeks, 6 days ago

No more long queues! 5 reasons why EPFO 3.0 will transform your retirement plans

Live Mint  

Long queues, time-consuming documentation, rejections in requests, and constant delays, these are typically the images that come to mind when one considers taking advantage of your Employees' Provident Fund corpus in India. Union Labour Minister Mansukh Mandaviya made the announcement of the imminent arrival of EPFO 3.0, a revolutionary overhaul that will introduce banking-like convenience to EPFO subscribers in millions. …

What is EPFO 3.0? 5 key things you can expect
Top News
3 weeks ago

What is EPFO 3.0? 5 key things you can expect

India Today  

Union Labour Minister Mansukh Mandaviya has announced that the Employees' Provident Fund Organisation is set to roll out its latest version, EPFO 3.0, an upgraded system designed to make fund management more convenient for subscribers. While inaugurating EPFO's Telangana zonal office and regional office in Hyderabad, Mandaviya mentioned that the upgraded system will bring EPFO’s services closer to a banking …

Mansukh Mandaviya inaugurates new EPFO office in Hyderabad
3 weeks ago

Mansukh Mandaviya inaugurates new EPFO office in Hyderabad

The Hindu  

The new building of the Employees’ Provident Fund Organisation Regional Office was inaugurated at Begumpet on Thursday by Union Minister for Labour and Employment Mansukh Mandaviya. Union Minister G. Kishan Reddy highlighted the administrative changes following the bifurcation of Telangana and Andhra Pradesh, stating that EPFO offices for both states have now been separated. Addressing concerns raised by Medak MP …

No employer approval needed to update details? EPFO changes THIS rule for Aadhar-linked UAN
3 weeks, 1 day ago

No employer approval needed to update details? EPFO changes THIS rule for Aadhar-linked UAN

Live Mint  

The Employees' Provident Fund Organization has revised the rules for updating the profile of the members. With the recent revision, EPF members can update their Aadhaar-linked Universal Account Numbers with personal details without the need to upload documents. EPF members can update their profiles with personal information such as name, date of birth, gender, nationality, father or mother’s name, marital …

EPFO 3.0 will rollout soon, subscribers can withdraw funds from ATM: Union Minister
3 weeks, 1 day ago

EPFO 3.0 will rollout soon, subscribers can withdraw funds from ATM: Union Minister

India TV News  

EPFO 3.0 will rollout soon, subscribers can withdraw funds from ATM: Union Minister The services of EPFO 3.0 will allow an employee to carry out all transactions that are done in a bank. The Employees Provident Fund Organisation will soon launch the EPFO 3.0 version, which will allow subscribers to withdraw funds from ATMs, along with several other new features, …

EPF withdrawal via UPI and ATMs coming soon. All you need to know
3 weeks, 2 days ago

EPF withdrawal via UPI and ATMs coming soon. All you need to know

India Today  

Many times, employees struggle with EPF withdrawals owing to frequent claim rejections. Hence, to streamline the withdrawals and make the process quicker, the government is planning to introduce EPF withdrawals via UPI. This new facility will allow EPF members to withdraw their savings instantly using UPI platforms like GPay, PhonePe, and Paytm. Moreover, the EPFO 3.0 initiative, including ATM withdrawals, …

PF UPI withdrawal rules: How to withdraw EPF money via UPI
3 weeks, 4 days ago

PF UPI withdrawal rules: How to withdraw EPF money via UPI

India Today  

The Employees' Provident Fund Organisation is working on a new feature that will allow its members to withdraw their PF money through UPI. Withdrawing PF money will become faster and smoother, with UPI integration, thereby benefitting countless EPFO members. STEPS TO WITHDRAW PF MONEY VIA UPI As of now, the option to withdraw PF through UPI is not available. NECESSITY …

EPFO claims huge liability to pay off higher pension demands, workers, pensioners object
3 weeks, 4 days ago

EPFO claims huge liability to pay off higher pension demands, workers, pensioners object

The Hindu  

The Employees Provident Fund Organisation fears that it may have to spend ₹1,86,920 crore to pay just 50% of the total applicants for a higher pension. It said interim actuarial evaluations will continue for every 50,000 demand letters issued to the Employees Pension Scheme subscribers who had submitted joint options with their employers. “Evaluation of sample data of around 38,000 …

EPFO keeps interest rates on PF unchanged at 8.25%
3 weeks, 6 days ago

EPFO keeps interest rates on PF unchanged at 8.25%

Hindustan Times  

New Delhi: The Employees’ Provident Fund Organisation, the state-run retirement fund manager, has decided to maintain the interest rate on provident-fund deposits for 2024-25 at 8.25%, keeping the widely watched metric of middle-class savings unchanged despite global financial uncertainties. The decision not to lower interest rates is a welcome move for the EPFO’s subscribers, for whom provident fund is often …

EPFO likely to maintain 8.25% interest rate on PF deposits
1 month, 2 weeks ago

EPFO likely to maintain 8.25% interest rate on PF deposits

India Today  

The Employees' Provident Fund Organisation is likely to keep the interest rate on provident fund deposits above 8% and more so around 8.25%, similar to the previous year. People familiar with the matter have hinted that EPFO’s investment and the accounts' committee will review the organisation’s income and expenditure for this financial year and suggest a rate that not only …

EPFO again extends last date for UAN activation and aadhaar seeding; this time to Feb 15
1 month, 2 weeks ago

EPFO again extends last date for UAN activation and aadhaar seeding; this time to Feb 15

Live Mint  

Employees Provident Fund Organisation has announced to extend the last date for UAN activation and aadhaar seeding in bank account of all the employees till Feb 15, 2025. The scheme benefits are meant to be disbursed through direct benefit transfer to the bank account so long as it is linked to aadhaar. The circular dated Nov 22 had stated that …

EPFO 3.0: New system brings exciting features from mobile app to ATM card for PF withdrawals
2 months ago

EPFO 3.0: New system brings exciting features from mobile app to ATM card for PF withdrawals

India TV News  

The Employees' Provident Fund Organisation is launching a revised system called EPFO ​​3.0 to improve the welfare of employees. This new system promises improved services, making it easier for members to manage their PF accounts and withdraw funds. New mobile app for easy access A new mobile app will be launched as part of EPFO 3.0. PF ATM card makes …

Aadhaar and UAN Linking: How to link Aadhaar with UAN for easy EPF transfers
2 months, 1 week ago

Aadhaar and UAN Linking: How to link Aadhaar with UAN for easy EPF transfers

India Today  

Members of EPFO can now submit transfer claims online using an Aadhaar OTP by linking their EPF account with Aadhaar and avoiding reaching out to the employer. This use of Aadhaar OTP has been introduced by Union Labour & Employment Minister Mr. Mansukh Mandaviya, removing the hassles previously faced. NECESSARY DETAILS: Verified e-KYC EPF members who have Aadhaar-linked accounts can …

EPFO simplifies fund transfers, personal detail corrections for members
Trending News
2 months, 1 week ago

EPFO simplifies fund transfers, personal detail corrections for members

India Today  

The Employees Provident Fund Organisation has now made the transfer of provident funds for its members more easy and streamlined with its new update. "To ensure ease of doing for its members, EPFO has simplified the process for the transfer of PF account on change of jobs wherein the requirement to route online transfer claims through either the previous or …

Faster PF transfers, direct online claims: Check benefits of new EPFO rules
Trending News
2 months, 1 week ago

Faster PF transfers, direct online claims: Check benefits of new EPFO rules

India Today  

In a landmark move, set to benefit over 65 million subscribers, the Employees’ Provident Fund Organisation has introduced significant reforms to fast-track provident fund transfers. Now, members with fully compliant e-KYC can now self-correct errors online without requiring employer intervention, approval of EPFO or additional documents. The newly introduced measures are expected to minimise the turnaround time, thereby benefiting about …

EPFO introduces self-service features for seamless fund transfers
2 months, 1 week ago

EPFO introduces self-service features for seamless fund transfers

India Today  

The Employees’ Provident Fund Organisation has implemented features of improving ease of access for its 7.6 crore members. Those who hold an e-KYC EPF account can now fill out an EPF transfer claim online, using their Aadhar OTA without needing assistance from any employer. Private information such as the name and the date of birth can be altered online without …

EPFO simplifies rules: Employees can now transfer PF accounts themselves | Here's how
Trending News
2 months, 1 week ago

EPFO simplifies rules: Employees can now transfer PF accounts themselves | Here's how

India TV News  

The Employees' Provident Fund Organisation has announced major changes to facilitate online transfers. The revised action removes the need for employer intervention in some cases, which is waived, and allows members to transfer their PF accounts free of charge. Key changes introduced Simplified transfers : Employees can now directly transfer their PF accounts using their Universal Account Number and Aadhaar …

New EPFO feature! Members can change personal details without employer approval
2 months, 1 week ago

New EPFO feature! Members can change personal details without employer approval

Live Mint  

Employees' Provident Fund Organisation has launched a new feature for its members as employees can now change personal details like their name and date of birth online without any verification from their employer or approval from the EPFO, reported the news agency PTI on Saturday, January 18. The EPFO members who have e-KYC accounts can file their EPF transfer claims …

EPFO to allow members to transfer account without involving employers
2 months, 1 week ago

EPFO to allow members to transfer account without involving employers

Hindustan Times  

The Employees' Provident Fund Organisation has introduced a set of reforms to eliminate the need for routing online transfer claims through an employee's current or past employers. The Employees Provident Fund Organisation The simplification is applicable to: Transfers between member IDs linked with the same Universal Account Number allotted on or after October 1, 2017, and linked with Aadhaar. Transfers …

EPFO simplifies account transfer rules, employees can also correct personal details using Aadhaar number
2 months, 1 week ago

EPFO simplifies account transfer rules, employees can also correct personal details using Aadhaar number

The Hindu  

In a significant reform that would ease the burden on subscribers, the Employees Provident Fund Organisation has simplified the process of joint declaration on the EPFO portal by allowing employees to self-correct errors in their personal details such as name, date of birth, gender, nationality, father/ mother’s name, marital status, spouse name, date of joining and date of leaving. Dr. …

Provident fund transfer: EPFO relaxes norms, no need to route PF switch through present, former employers
2 months, 1 week ago

Provident fund transfer: EPFO relaxes norms, no need to route PF switch through present, former employers

Live Mint  

The Employees Provident Fund Organisation has done away with the current requirement for employees to submit online transfer claims to previous and present employers, in a bid to simplify the process. Account transfers between member IDs linked with the same UAN, where the UAN was allotted on or after October 1, 2017, and linked with Aadhaar. Transfers between member IDs …

EPF withdrawal: Why you should link Aadhaar and UAN today
2 months, 1 week ago

EPF withdrawal: Why you should link Aadhaar and UAN today

India Today  

With the deadline for activating your Universal Account Number and linking it with your bank account now extended to January 15, 2025, employees across India have one last chance to ensure they’re ready for the Employment Linked Incentive Scheme benefits introduced in the Union Budget 2024. BENEFITS OF LINKING YOUR BANK ACCOUNT TO UAN EPFO wrote on X, “Bank Account …

EPFO's centralised pension payment system fully operational: Know how will CPPS help pensioners?
2 months, 3 weeks ago

EPFO's centralised pension payment system fully operational: Know how will CPPS help pensioners?

India TV News  

The Employees Provident Fund Organization has officially implemented the Centralised Pension Payment System under the Employees Pension Scheme. Minister’s statement: Empowering pensioners nationwide Union Minister Mansukh Mandaviya hailed the development, stating, “This transformative initiative empowers pensioners to access their pension seamlessly from any bank, any branch, anywhere in the country. Key components of CPPS Uniform system : The previous model, …

EPFO 3.0 launch date announced: Check ATM withdrawal feature, other details
2 months, 3 weeks ago

EPFO 3.0 launch date announced: Check ATM withdrawal feature, other details

India Today  

In a significant move for millions of Employees' Provident Fund members, the government is preparing to launch the highly anticipated EPFO 3.0 by June 2025. ENHANCED FEATURES AND ACCESSIBILITY Union Labour Minister Mansukh Mandaviya revealed that EPFO 3.0 will bring a host of features aimed at streamlining the EPF processes. A NEW ERA FOR EPF MEMBERS With these exciting changes …

EPFO members may soon withdraw PF from ATMs | Know who can draw money and how it works
2 months, 3 weeks ago

EPFO members may soon withdraw PF from ATMs | Know who can draw money and how it works

India TV News  

PF withdrawal from ATM: Good news for over 7 crore subscribers of the Employees' Provident Fund Organization! Soon, EPFO members will be able to withdraw their Provident Fund money directly from ATMs. EPFO ATM Card launch date According to Union Labor Minister Mansukh Mandaviya, EPFO ​​will introduce its state-of-the-art software system EPFO ​​3.0 by June this year. According to several …

EPFO withdrawal from ATM to become a reality soon. Here’s how it will work
2 months, 3 weeks ago

EPFO withdrawal from ATM to become a reality soon. Here’s how it will work

Live Mint  

Good news for over seven crore of the Employees’ Provident Fund Organisation subscribers. Members of the retirement fund body EPFO may soon be able to withdraw their provident fund money directly from ATMs after the settlement. EPFO ATM Card launch date EPFO will introduce its cutting-edge software system by June of this year, EPFO 3.0, according to Union Labour Minister …

EPFO begins centralised PF pension disbursal
2 months, 3 weeks ago

EPFO begins centralised PF pension disbursal

The Hindu  

The Employees’ Provident Fund Organisation has completed full-scale implementation of the new Centralised Pension Payments System to provide PF pensions under the Employees’ Pension Scheme. Pension worth ₹1,570 crore, for the month of December 2024, was disbursed to more than 68 lakh pensioners in 122 pension disbursing regional offices, the Union Labour Ministry said in a release on Friday. Paradigm …

EPFO rolls out centralised pension system in all regional offices; 68 lakh pensioners to benefit
2 months, 3 weeks ago

EPFO rolls out centralised pension system in all regional offices; 68 lakh pensioners to benefit

Live Mint  

New Delhi, Jan 3 Retirement fund body EPFO has completed the Centralized Pension Payments System rollout in all its regional offices across the country that will benefit over 68 lakh pensioners, the labour ministry said on Friday. The first pilot of CPPS was completed in October last year in Karnal, Jammu, and Srinagar regional offices with the pension disbursement of …

3 key EPFO rule changes in New Year 2025: What Provident Fund (PF) account holders need to know
2 months, 4 weeks ago

3 key EPFO rule changes in New Year 2025: What Provident Fund (PF) account holders need to know

Live Mint  

3 key EPFO rule changes coming in 2025: The Employees' Provident Fund Organization has made significant announcements regarding its rules and regulations affecting millions of subscribers. 1)EPFO and ESIC subscribers may soon use claim amounts via e-wallets Subscribers of EPFO and ESIC may soon be able to access their claim settlement amounts directly via e-wallets. 2) EPFO Extends Deadline for …

EPFO extends deadline for UAN and Aadhaar linking: All you need to know
3 months ago

EPFO extends deadline for UAN and Aadhaar linking: All you need to know

India Today  

The Employees' Provident Fund Organisation has extended the deadline for activating Universal Account Numbers and linking Aadhaar numbers to bank accounts under the Employment Linked Incentive scheme. ACTIVATING UAN: A STEP TOWARDS SEAMLESS EPFO SERVICES Activating your UAN is essential to access the EPFO’s wide range of online services. The UAN is a unique 12-digit number assigned to employees by …

Labour ministry, RBI hold discussions to ease PF withdrawal
3 months ago

Labour ministry, RBI hold discussions to ease PF withdrawal

Hindustan Times  

The Union labour ministry has begun discussions with the Reserve Bank of India and other banks on rolling out new services for subscribers of the Employees’ Provident Fund Organisation, such as direct access to savings deposits through ATMs and e-wallets linked to bank accounts, an official said, requesting anonymity. The labour ministry has also proposed e-wallets where EPFO members will …

EPFO fined ₹1.5 lakh for not revising pension amount
3 months ago

EPFO fined ₹1.5 lakh for not revising pension amount

Hindustan Times  

The State Consumer Disputes Redressal Commission has directed the Employees Provident Fund Organisation, Chandigarh, to pay compensation of ₹50,000 each to three subscribers for not revising their pension without any valid reasons. As per the order, EPFO has been directed to pay for causing mental agony, harassment and unfair trade practice. Krishan Murari and two other employees of Punjab State …

EPFO 3.0 launching March 2025 to allow withdrawals via ATM-like cards
Trending News
3 months, 1 week ago

EPFO 3.0 launching March 2025 to allow withdrawals via ATM-like cards

India Today  

The Employees’ Provident Fund Organisation is set to unveil its upgraded system, EPFO 3.0, by March 2025, with the goal of simplifying fund access and enhancing grievance redressal mechanisms for its members. According to Labour and Employment Minister Mansukh Mandaviya, the revamped digital platform will allow members to withdraw funds, check account balances, and resolve discrepancies with greater ease. One …

EPFO members may soon approve their own PF withdrawals: Report
3 months, 1 week ago

EPFO members may soon approve their own PF withdrawals: Report

India Today  

The Employees’ Provident Fund Organisation is planning to introduce a “self-approval” mechanism for subscribers to withdraw their provident fund money through an automated process. As part of this upgrade, subscribers will soon be able to intimate the EPFO directly about their withdrawal amount, instead of going through the existing manual checks by EPF officers. Sources also revealed that a digital …

The EPFO’s ATM plan is good but it must resolve its pension muddle first
3 months, 1 week ago

The EPFO’s ATM plan is good but it must resolve its pension muddle first

Live Mint  

The country’s principal manager of retirement savings for private-sector employees, the Employees’ Provident Fund Organisation, is working on a facility to let subscribers withdraw funds from their corpus through ATM cards, subject to a limit. While this would be welcome, the EPFO also finds itself being held responsible for a pension crisis that has put about 1.75 million retirees in …

EPFO to offer ATM withdrawals for savings, new features from Jan 2025: official
3 months, 2 weeks ago

EPFO to offer ATM withdrawals for savings, new features from Jan 2025: official

Hindustan Times  

New Delhi: The Employees’ Provident Fund Organisation subscribers will soon have easier access to their savings with new ATM withdrawal facilities. From January 2025, they will be able to withdraw funds up to a specified limit using an EPFO account-linked ATM card, along with other features to improve access, said an official on Saturday. EPFO subscribers will be able to …

EPFO key amendments: Now faster claims and more interest benefits for members
3 months, 2 weeks ago

EPFO key amendments: Now faster claims and more interest benefits for members

India Today  

The Employees Provident Fund Organisation has introduced major changes to provide financial relief and faster claim settlement for Employees Provident Fund members. KEY UPDATE ON INTEREST PAYMENTS EPFO announced that the Central Board of Trustees has approved an important amendment to paragraph 60 of the EPF Scheme, 1952. BENEFITS FOR EPF MEMBERS Speaking to The Economic Times, Puneet Gupta, Tax …

How PF withdrawal from ATMs could benefit you, starting in 2025
3 months, 2 weeks ago

How PF withdrawal from ATMs could benefit you, starting in 2025

India Today  

All servicemen and women with ensured PF accounts will likely be able to withdraw PF directly from ATMs without undergoing lengthy bank procedures. Dawra noted that more than 7 crore workers joined PF coverage since 2017, strengthening India's social security system. The Employees Provident Fund Organisation plans to link PF accounts to an ATM-compatible system, allowing subscribers to access their …

You can withdraw PF from an ATM starting 2025, announces labour ministry
3 months, 2 weeks ago

You can withdraw PF from an ATM starting 2025, announces labour ministry

Hindustan Times  

Starting next year, 2025, EPFO subscribers will be able to withdraw their Provident Fund through ATMs, Labour Ministry Secretary Sumita Dawra announced on Wednesday. The Employees' Provident Fund Organisation currently has over 70 million active contributors. Efforts to extend social security benefits to gig workers are in advanced stages, with a scheme being finalised to include benefits like medical coverage, …

EPFO Provident Fund withdrawals through ATMs: How does it work and what should you expect?
3 months, 2 weeks ago

EPFO Provident Fund withdrawals through ATMs: How does it work and what should you expect?

India TV News  

From 2025, Employees Provident Fund Organization customers will be able to withdraw their Provident Fund directly from ATMs, eliminating lengthy deposit procedures. This move is part of a larger effort to modernise India’s social security services: Enhanced convenience: Subscribers will no longer need to navigate tedious claim-filing procedures or wait for fund disbursal. Expanded social security coverage: Over 7 crore …

PF withdrawals via ATMs likely from 2025. How will it work?
3 months, 2 weeks ago

PF withdrawals via ATMs likely from 2025. How will it work?

India Today  

Starting January 2025, Employees’ Provident Fund Organisation subscribers may be able to withdraw their provident fund savings directly from ATMs. Labour Secretary Sumita Dawra told news agency ANI that the Labour and Employment Ministry is upgrading its IT systems to streamline PF withdrawals and improve service delivery. The government also reaffirmed its commitment to improving social security, including extending benefits …

Withdraw your PF directly from ATMs starting next year: Labour secretary
Trending News
3 months, 2 weeks ago

Withdraw your PF directly from ATMs starting next year: Labour secretary

Live Mint  

By Shailesh Yadav New Delhi, December 11 : The Labour Ministry is upgrading its IT systems to provide enhanced services to the country's massive workforce. Starting next year, EPFO subscribers will be able to withdraw their provident funds directly from ATMs, according to Labour Secretary Sumita Dawra. A claimant, beneficiary, or insured person will be able to access their claims …

Assigned two UANs? Here's how you can rectify it
3 months, 2 weeks ago

Assigned two UANs? Here's how you can rectify it

India Today  

When employees switch jobs, they often apply for a new Universal Account Number to access their Employees' Provident Fund services online. As per Employees Provident Fund Organisation guidelines, a member is not allowed to hold more than one UAN. — EPFO November 27, 2024 Further, to resolve the issue of multiple UANs, employees should consolidate their previous employment details with …

EPFO extends deadline for UAN activation and linking bank a/c to Aadhaar for ELI scheme benefits to Dec 15
3 months, 3 weeks ago

EPFO extends deadline for UAN activation and linking bank a/c to Aadhaar for ELI scheme benefits to Dec 15

Live Mint  

EPFO has extended the deadline for UAN activation and seeding bank accounts with Aadhaar for availing the benefits under ELI scheme till Dec 15. In the latest circular dated December 4, Employees Provident Fund Organisation has issued directions to all employers that the earlier circular stands modified. Extension of timeline "The competent authority has granted an extension of timeline from …

EPFO 3.0: ATM Access To PF And Removal Of 12% Contribution Cap On The Cards: Report
3 months, 3 weeks ago

EPFO 3.0: ATM Access To PF And Removal Of 12% Contribution Cap On The Cards: Report

ABP News  

The Employees' Provident Fund Organisation is set to introduce a series of transformative features under its proposed upgrade, EPFO 3.0. These changes, aimed at enhancing accessibility and flexibility for members, include ATM-enabled withdrawals, removal of the current contribution cap, and pension conversion options, according to a report by ET Now. Key Highlights of EPFO 3.0 PF Withdrawals via ATMs: The …

EPFO 3.0 may allow ATM withdrawal of PF, scrap 12% contribution limit: Report
3 months, 3 weeks ago

EPFO 3.0 may allow ATM withdrawal of PF, scrap 12% contribution limit: Report

Hindustan Times  

The Employee Provident Fund Organisation is planning to upgrade to a new version called EPFO 3.0. This will include features like withdrawing provident fund money from ATMs, contributing more than the current 12% limit, and converting PF savings into a pension, ET Now reported. However, discussions regarding all of the new features and policy changes for EPFO 3.0 are currently …

These EPFO subscribers exempted from Aadhaar seeding for claim settlement | Details
3 months, 3 weeks ago

These EPFO subscribers exempted from Aadhaar seeding for claim settlement | Details

Hindustan Times  

Certain employees do not need to seed Aadhaar to settle their physical claims, the Employees' Provident Fund Organisation has announced. FILE Photo: Employees provident fund organisation head office, EPFO office. For the settlement of claims, EPFO subscribers are required to seed their UAN to Aadhaar. In the absence of Aadhaar, alternative documents such as passports should be used to verify …

EPFO clarifies Aadhaar requirements: Exemptions for certain employees in claim settlements. Details here
Trending News
3 months, 4 weeks ago

EPFO clarifies Aadhaar requirements: Exemptions for certain employees in claim settlements. Details here

Live Mint  

The Employees provident Fund Organisation has announced that certain classes of employees do not need to seed Aadhaar for the settlement of their physical claims. Typically, EPFO subscribers should seed their UAN to Aadhaar for settling claims; some exceptions have recently been incorporated via a circular dated November 29, 2024. These categories of workers include the following: 1. International workers …

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