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As per EPFO circular dated 15th November 2017, the EPFO in its Unified Portal/EPFO Application software has introduced the functionality to carry out Auto Transfer of accounts of a member on change of employment.

Members whose UAN and Aadhaar number are entered and matched by the present employer against the existing details available against the UAN would be marked for auto transfer. Members have to satisfy the following preconditions: the Aadhaar number is seeded and verified at the previous establishment; member's Date of joining, Date of exit, and Reason Of Exit should be available concerning previous employment; UAN is activated, and Mobile number is available.

Auto Transfer will be initiated once the first payment in respect of the new employee is received from the present employer against the UAN flagged for auto-transfer. SMS and e-mail (if registered) will be sent to the member once the transfer is auto-initiated. There is also a provision for the member to stop the auto transfer by using "Online Services" in the member portal.

You can download all amendments and notifications from www.simpliance.in for free.

From India, Bengaluru
Attached Files (Download Requires Membership)
File Type: pdf Revised Procedure For Auto Transfer Of Accounts On Change Of Employment.pdf (2.11 MB, 75 views)

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