EPFO opens new facility for over 4.5 crore members

Posted on:07 Dec 2017 16:13:40
EPFO opens new facility for over 4.5 crore members
07 December 2017 Current Affairs: Retirement fund body Employees' Provident Fund Organisation, EPFO opened a new facility for its over 4.5 crore members that will allow consolidation or merger of their multiple PF accounts with the current Universal Account Number, UAN. 

Under this facility, subscribers of the EPFO can merge as many as 10 previous accounts with their UAN at one go.

The EPFO has made it easy with this facility with an objective of having one employee, one EPF account.
Retirement fund body Employees' Provident Fund Organisation, EPFO opened a new facility for its over 4.5 crore members that will allow consolidation or merger of their multiple PF accounts with the current Universal Account Number, UAN. 

Under this facility, subscribers of the EPFO can merge as many as 10 previous accounts with their UAN at one go.

The EPFO has made it easy with this facility with an objective of having one employee, one EPF account.

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