EPFO: The government has changed the rules related to Provident Fund. With the introduction of new rules, it will become easier to view passbook, claim online, track and withdraw money. However, for this, employees will have to do one thing first
EPFO: The government has changed the rules related to Provident Fund. With the introduction of new rules, it will become easier to view passbook, claim online, track and withdraw money. However, for this, 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 EPFO to run a special campaign to reach the benefit of Employment Linked Incentive (ELI) scheme announced in the Union Budget 2024-25 to maximum employers and employees.
UAN activation deadline
In the first step, employers have to activate the Universal Account Number (UAN) of their employees through an Aadhaar-based OTP process by November 30, 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
- Submitting claims online
- Updating personal information
- Tracking real-time status of claims
- This process provides 24/7 service to employees at their home, eliminating the need for physical visits to EPFO offices.
How to activate UAN
- Go to the EPFO member portal.
- Click on the 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 the OTP.
- Enter the OTP and complete the process.
- On successful activation, the password will be sent to the registered mobile number.
In the second phase, face recognition technology and biometric authentication service will be added to UAN activation. This initiative will prove to be a big step in connecting employees to digital services and directly providing the benefits of schemes.
