EPFO: Big news for employees! Government made new rules for provident fund, check details

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EPFO: The government has changed the rules related to Provident Fund. With the introduction of new rules, viewing passbook, making online claims, tracking and withdrawing money will become easier than before.

However, for this the employees will have to do one thing first. The central government has issued instructions to implement Aadhaar payment bridge and 100% biometric Aadhaar authentication to deliver the benefits of the schemes to the beneficiaries in a direct and transparent manner. In this direction, the Ministry of Labor and Employment has directed the EPFO ​​to run a special campaign to reach the benefits of the Employment Linked Incentive (ELI) scheme announced in the Union Budget 2024-25 to maximum employers and employees.

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UAN activation time limit

In the first step, employers will have to activate the Universal Account Number (UAN) of their employees through Aadhaar based OTP process by 30 November 2024. This process will be applicable to all existing employees starting from new employees.

Benefits of UAN activation

After UAN activation, employees can easily avail all the online services of EPFO. These services are mentioned below.

  • Management of Provident Fund (PF) Account
  • Viewing and downloading PF passbook
  • Submit a claim online
  • Update your personal information
  • Real-time claim status tracking
  • This process provides 24/7 service to employees at their homes, eliminating the need for physical visits to EPFO ​​offices.

How to activate UAN

  • Visit the EPFO ​​member portal.
  • Click on Activate UAN link.
  • Enter UAN, Aadhaar number, name, date of birth, and Aadhaar linked mobile number.
  • Agree to Aadhaar OTP verification.
  • Click on Get Authorization PIN and get OTP.
  • Complete the process by entering OTP.
  • On successful activation password will be sent to the registered mobile number.

In the second phase, the service of face recognition technology biometric authentication will be added to UAN activation. This initiative will prove to be a big step in connecting employees to digital services and providing them the benefits of schemes directly.

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