PF account holders to get universal numbers

India Infoline News Service | Mumbai |

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

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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