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PF account holders to get universal numbers

Employees now are allotted another PF account numbers when they switch companies

July 23, 2014 4:30 IST | India Infoline News Service
The Employees' Provident Fund Organisation (EPFO) is speeding up work on universal account numbers (UANs) for subscribers, according to a media report.
Employees now are allotted another PF (provident fund) account numbers when they switch companies. Earlier, it used to take a while to get accounts transferred to new employers.
Since EPFO switched over to online transfers in October 2013, this takes 30 days. This will become even faster with the UANs.


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