27 April, New Delhi
Employees Provident Fund Organisation (EPFO) plans to make Aadhaar as primary identifier for settling Aadhaar-seeded Provident Fund (PF) accounts without employers’ attestation.
This is part of EPFO’s special drive to consolidate multiple accounts of an employee. In a statement, EPFO said that in case of members having Aadhaar-seeded Universal Account Number (UAN), there will not be any requirement of attestation of claims by the employers.
EPFO has been advising members to link all their PF account numbers with the UAN so issued and to also seed KYC data against their UAN number.
KYC primarily means Aadhaar, PAN and Bank Account. Integration of members’ multiple PF accounts will enable continuance of lifelong PF membership and ease in claim settlement.