EPFO to make Annexure-K online to private PF trusts

India Infoline News Service | Mumbai |

The retirement fund body EPFO provides the facility of online transfer of EPFO among unexempted establishments

Employees' Provident Fund Organisation (EPFO) has decided to make available online 'Annexure-K', a document which contains details of accounts to new employers.
According to a circular issued by EPFO, the 'Annexure -K' will be provided online to private PF trusts to expedite transfer of PF accounts.
The new facility will address the problems with regard to delay in transfer of PF accounts because of non-receipt and delay in receipt of Annexure K despite transfer of individual PF accumulations of new employees in time.
The EPFO has decided to provide the document online. At present, there are around 3,000 such trusts which would be able to access the 'Annexure-K' of their new employees' who have claimed transfer of their EPF from account maintained by their former employers with EPFO.
The retirement fund body EPFO provides the facility of online transfer of EPFO among unexempted establishments which manage their workers' PF account with the body and file PF returns.
 

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