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Next Issue of HR Connect Newsletter :02 is due in July 2016. All Members are requested to forward their submissions on or before 20th of June 2016

Sunday, 17 July 2016

EPFO relaxes UAN rule for PF settlement



Retirement fund body EPFO has relaxed the provision that requires furnishing of Universal Account Number (UAN) for settlement of claims like PF withdrawal for all those who left membership before January 1, 2014. The Employees Provident Fund Organisation (EPFO) had made it mandatory to provide UAN on claim application forms in December last year. “The decision to relax this condition of providing UAN for claim settlement was taken after considering difficulties being faced by those members who were not allotted a UAN,” an official said. “UANs were initially allotted to all those members who were subscribers during January to June 2014. This decision was taken to facilitate all those members who ceased to be in employment before January 1, 2014.”

News Source: http://www.thehindu.com/todays-paper/tp-business/epfo-relaxes-uan-rule-for-pf-settlement/article8851604.ece

Shared by, Vishakh OT, Kottakkal Arya Vaidya Sala, Asst. Manager (HRM)

Circular for above relaxationhttp://hrconnectnewsletter.blogspot.in/2016/07/epfo-circular-on-uan-relaxation.html