Kumari Palany & Co

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EPFO allows PF withdrawal claims directly

Posted on: 16/Dec/2015 12:23:25 PM
EPFO has allowed its subscribers to file their applications directly to the body without employers attestation.
 
At present, subscribers submit their claims regarding provident fund withdrawals manually through their present or former employers. The attestation of the forms was mandatory for the purpose.
 
This new facility will be available to all those subscribers whose Universal (or portable PF) Account Number (UAN) is activated and seeded with the KYC details like bank account and Aadhaar number.
 
Employees whose details like Aadhaar Number and Bank Account Number have been seeded in their UAN and whose UAN have been activated, may submit claims in Form-19, Form-lOC and Form 31 directly to the Commissioner without attestation of their employers for fast settlement of claims.
 
These new forms are of half a page size compared to two to three pages applications used at present for withdrawal of PF. According to EPFO 2.13 crore subscribers have activated their UANs.

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