Saturday, April 20News That Matters

Day: 28 April 2015

[How to] check PF balance via short SMS code

How to Series, News, PF
EPFO has recently launched SMS services for its members who have Universal Account Number (UAN).  In 2014, EPFO launched the UAN facility where a portable Universal Account Number was allotted to all the members. Once you active your UAN, you can use different services such as PF balabce, PF passbook, monthly SMS of contributions etc. Read my article on How to activate your PF UAN. The newly launched EPFO Short Code SMS Service is available only to those members who have activated their UAN (Universal Account Number). To use this new SMS facility, the member should have the details like Aadhaar, PAN and bank account digitally approved and provided by the employer. How to use this new SMS facility for PF Please note that you can only use this facility, if you have PF UAN.It you dont have...

UAN may be made mandatory for PF subscribers

News, PF
EPFO is currently considering to make Universal Account Number (UAN) - portable PF mandatory for all members. The UAN facility was launched by Prime Minister Narendra Modi in October last year and provide many benefits. The main benefit is that the the UAN remains portable throughout the lifetime of an employee and they don't have to apply for PF transfer claims at changing jobs. It is even more beneficial for workers in the construction sector, who often change their contractor after short span of time and take up new jobs after finishing one contract. EPFO has directed its officers to proatively approach all establishments, particularly those with more than 50 UAN members for activation of UAN. The EPFO had issued over four crore UANs to employers across the country in July last ...