Tag Archives: EPFO

EPFO advance

https://pib.gov.in/PressReleasePage.aspx?PRID=1723083

To support its subscribers during the second wave of COVID-19 pandemic, EPFO has now allowed its members to avail second non-refundable COVID-19 advance. The provision for special withdrawal to meet the financial need of members during pandemic was introduced in March 2020, under Pradhan Mantri Garib Kalyan Yojana (PMGKY). An amendment to this effect was made by Ministry of Labour & Employment in Employees’ Provident Funds Scheme, 1952 by inserting therein sub-para (3) under paragraph 68L, through notification in the Official Gazette.

Under this provision, non-refundable withdrawal to the extent of the basic wages and dearness allowances for three months or up to 75% of the amount standing to member’s credit in the EPF account, whichever is less, is provided. Members can apply for lesser amount also.

The COVID-19 advance has been a great help to the EPF members during the pandemic, especially for those having monthly wages of less than Rs. 15,000. As on date, EPFO has settled more than 76.31 lakh COVID-19 advance claims thereby disbursing a total of Rs. 18,698.15 crore.

During the second wave of Covid-19 pandemic, ‘mucormycosis’ or black fungus has been declared an epidemic recently. In such trying times, EPFO endeavours to lend a helping hand to its members by meeting their financial needs. Members who have already availed the first COVID-19 advance can now opt for a second advance also. The provision and process for withdrawal of second COVID-19 advance is same as in the case of first advance.

Considering urgent need of members for financial support in these trying times, it has been decided to accord top priority to COVID-19 claims. EPFO is committed to settle these claims within three days of their receipt. For this, EPFO has deployed a system driven auto-claim settlement process in respect of all such members whose KYC requirements is complete in all respects. Auto-mode of settlement enables EPFO to reduce the claim settlement cycle to just 3 days as against the statutory requirement to settle the claims within 20 days.

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aadhar based e-nomination

https://pib.gov.in/PressReleasePage.aspx?PRID=1714456

In order to facilitate EPF subscribers, EPFO has launched one more e-initiative i.e., Aadhaar based e – nomination. The physical filing of nomination is done through submission of ‘Form 2(Revised)’, now with the launch of e-nomination facility, members themselves can file their nomination online, using this e-Nomination facility available in member portal.

The URL is https://unifiedportal-mem.epfindia.gov.in/memberinterface/

This facility can be availed by EPF Members if their mobile number is linked with UAN and the Aadhaar verification is also complete. The registration process is quite user friendly and all members are advised to file their e-nomination at the earliest. A readily available e-nomination in the system enables members/ beneficiaries to easily file online Pension Claim and in the event of the demise to the member his/her nominee will be able to file an online claim based on the OTP on his/her Aadhaar Linked Mobile. One doesn’t need to apply with any physical document to the employer or ex-employer after the online nomination is done.

All EPF Members are advised to file their e-NOMINATION at Member Interface of Unified Portal immediately. Further all EPF members are also advised to get basic KYC like Aadhaar and Bank account seeded to their UAN, so that they can avail online services from EPFO. Avoid physically filing a claim before Employer or to the EPF office during this COVID pandemic. Avoid physically coming to EPF office, instead make use of various online services provided by the Department.

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employment boosting scheme

https://pib.gov.in/PressReleasePage.aspx?PRID=1679337

The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi, has given its approval for Atmanirbhar Bharat RojgarYojana (ABRY) to boost employment in formal sector and incentivize creation of new employment opportunities during the Covid recovery phase under Atmanirbhar Bharat Package 3.0.

Cabinet has approved an expenditure of Rs. 1,584 crore for the current financial yearand Rs.22,810 crore for the entire Scheme period i.e. 2020-2023.

The salient features of the Scheme are as under:

  1. Government of India will provide subsidy for two years in respect of new employees engaged on or after 1st October, 2020 and upto 30th June, 2021
  1. Government of India will pay both 12% employees’ contribution and 12% employers’ contribution i.e.  24% of wages towards EPF in respect of new employees in establishments employing upto 1000 employees for two years,
  1. Government of India will pay only employees’ share of EPF contribution i.e. 12% of wages in respect of new employees in establishments employing more than 1000 employee for two years.
  1. An employee drawing monthly wage of less than Rs. 15000/- who was not working in any establishment registered with the Employees’ Provident Fund Organisation (EPFO) before 1st October, 2020 and did not have a Universal Account Number or EPF Member account number prior to 1stOctober 2020 will be eligible for the benefit,
  1. Any EPF member possessing Universal Account Number (UAN) drawing monthly wage of less than Rs. 15000/- who made exit from employment during Covid pandemic from 01.03.2020 to 30.09.2020 and did not join employment in any EPF covered establishment up to 30.09.2020 will also be eligible to avail benefit,
  1. EPFO will credit the contribution in Aadhaar seeded account of members in electronic manner,

vii. EPFO shall develop a software for the scheme and also develop a procedure which is transparent and accountable at their end.

  1. EPFO shall work out modality to ensure that there is no overlapping of benefits provided under ABRY with any other scheme implemented by EPFO.

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life certificate under EPFO

https://pib.gov.in/PressReleasePage.aspx?PRID=1676719

In view of the ongoing COVID-19 pandemic and the vulnerability of elderly population to Corona Virus, EPFO has extended the time limit up to 28th February 2021 for submission of Life Certificate (Jeevan Pramaan Patra-JPP) in respect of the Pensioners drawing pension under EPS 1995 and whose Life certificate is due in any month till February 28, 2021. Presently a Pensioner can submit JPP anytime during the year upto 30th November,  which is valid for a period of one year from the date of issue.

All such pensioners can submit Life Certificate till February 28, 2021. Multiple modes for submission of JPPs including 3.65 lakh Common Service Centres (CSCs), Branches of Pension Disbursing Banks 1.36 lakh post offices, Postal Network of 1.90 lakh Postmen and Grameen Dak Sevaks under the Department of Post can be availed by pensioners.

Pensioners can use link for locating the nearest CSCs (https://locator.csccloud.in/) and link for placing online request to Post Offices for submission of JPPs from comfort of their Home or elsewhere (http://ccc.cept.gov.in/covid/request.aspx).

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bulk transfer for exempted estbs of EPFO

Sh. Apurva Chandra, IAS, Secretary (Labour & Employment) launched a new facility of bulk transfer of funds and data from exempted trusts to EPFO through a single payment, during his first visit to EPFO headquarters, on 7th October, 2020. This will enhance ease of doing business by increasing the speed of funds transfer for exempted establishments.

EPFO has now released the functionality for bulk transfer of funds from exempted establishments to EPFO through a single payment. Exempted establishments are those establishments which have been granted exemption under Section 17 of EPF & MP Act, 1952 and manage the provident fund of members themselves under over all supervision of EPFO. On change of employment for a member from exempted to unexempted establishment, his past accumulations are transferred to EPFO.

Till now exempted establishments had to approve and transfer the funds one-by-one for each member. Larger establishments requiring to transfer the funds of many employees each day, found the process very cumbersome and time taking. Under the new facility, exempted establishments can bulk upload data and transfer the funds for large number of members, through a single payment. This initiative is expected to benefit around 1500 exempted establishments of EPFO.

All transaction between EPFO and exempted establishments have already been made electronic, thereby eliminating issues regarding delay and reconciliation of funds transferred. In case of member shifting job from unexempted to exempted establishment, EPFO electronically transfer the funds in the bank account of the exempted establishment and the details of the transaction is made available in the login of the establishment. This has enabled faster crediting of funds in the account of the member maintained by exempted establishment.

Further, exempted establishments have already been provided the facility to file their monthly returns and Electronic Challan-cum-Return (ECRs) for remittance of Pension Fund contribution electronically, thereby facilitating compliance in a hassle free manner.

Another initiative launched by Secretary (Labour & Employment) during his visit to EPFO headquater, will enabled its members to apply for obtaining Scheme Certificate under Employees’ Pension Scheme, 1995 through Umang App. Scheme Certificate is issued to members who withdraw their EPF contributions but wish to retain their membership with EPFO, to avail pension benefits on attainment of retirement age.

The ease of applying for Scheme Certificate through UMANG App will now help members to avoid unnecessary hardship of physically applying for it, especially during COVID-19 pandemic times.  The facility shall benefit over 5.89 crore subscribers.

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EPF withdrawals

Employees Provident Fund Organisation has issued a notification dated 27th March, 2020 allowing a non refundable advance not exceeding three months basic wages & dearness allowance or upto 75% of the amount standing to the credit of the member, in view of the corona pandemic. Employees working in factories & establishments across India and member of EPF 1952 Scheme are eligible for the above benefits. The copy of the circular can be found here

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Pensioners’ portal

PIB press release dated 29th March, 2018

EPFO has launched the pensioner’s portal  https://mis.epfindia.gov.in/PensionPaymentEnquiry. The pensioner’s portal is recently launched service, available at EPFO website by which all EPFO pensioners may get the details of pension related information like Pension payment order number, Pensioner’s Payment Order details, Pensioner’s passbook information & other related information such as date of credit of pension, submission of pensioner’s life certificate etc.

It is helpful to know the status of their life certificate, in case of non-submission/rejection of life certificate of the pensioners. It also provides the details and the reason of stoppage of pension.

Track e KYC:

The enhanced “Track eKYC” facility for the convenience of members have been launched to check the status of Aadhaar seeded against their UAN and to figure out the specific mismatch details.

The facility has been made available at EPFO’s website http://www.epfindia.gov.in >> Online Services >> e-KYC Portal>> TRACK eKYC.

Using the facility, EPFO members can online track the status of Aadhaar seeded against his/ her UAN. While using the facility, the member will have to provide his/her UAN. After entering his/ her UAN the member can click the “Track eKYC” button and the exact status in respect of his/her UAN will be displayed on the screen.

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