EPFO TO PROVIDE UAN TO CONTRIBUTING MEMBERS

al
Phone
22751975 :
22758570
MEDIA CLIPPING BUREAU
25, Street No. 12, Pratap Nagar, Mayur Vihar Phase-I,
(Behind Mona Lisa Public School) Delhi-110091
Name of Paper : DAILY POST
Published at
:
NEW DELHI
ated
2 3 JUL 2014
EPFO TO PROVIDE UAN TO
CONTRIBUTING MEMBERS
Retirement fund body
EPFO has decided to work in
mission mode to provide portable Universal Account Number
(UAN) to contributing members
initially and seed it with KYCs
like Aadhaar and PAN to make
it more secure. "The Employees'
Provident Fund Organization
(EPFO) has decided to allot a
UAN to all members of the fund.
To start with, UAN will be provided to the members who are
presently contributing to the
fund," said an office order.
According to available information, 3.1 crore members contributed towards social security
schemes run by EPFO in June
this year. However total members of EPFO were 11.78 crore as
on March 31, 2014. The EPFO
has. planned to provide UAN
to its subscribers by October
15 this year. The allotment of
UAN would link all employments of the EPF members thus
facilitating portability. "...field
offices have very less time to
get the work completed...It is,
therefore, necessary for you to
work in a mission mode. A lot
NEW DELHI:
3.1 crore members
contributed towards
social security
schemes run by
EPFO in June this
year
of passion is required at your
end to accomplish this task,"
it added.
The UAN will be portable
throughout the working career of members and can be
used anywhere in India. Thus,
the workers in organised sector would not need to apply for
transfer of PF account claim on
changing jobs. Finance Minister
Arun Jaitley in his budget speech
had announced about allotting
UAN to EPFO subscribers. According to the office order, the
Labour Ministry has committed
that the seeding of KYCs to the
UAN number would be completed by 15th October, 2014.
EPFO has constituted a special
team to oversee the progress of
UAN project. The team will also
visit regional offices to deal with
problems faced by field staff in
implementation of the UAN programme. EPFO field offices are
also asked to apprise employers about the their role in the
entire project. The head office
told field staff to impress upon
the,employers that Aadhaar/
NPR must be seeded wherever
available as it would be useful.
In places where Aadhaar/NPR
is not available, the local UIDAI
office should be contacted so
that it can send a team for registration of the employees for
Aadhaar, it said.
According to the order, KYC
(know-your-customer) selected
for the purpose are Aadhaar/
NPR, PAN and bank account
number. Though, the portal
provides for seeding of other
KYCs such as election card,
ration card, passport, driving license etc; which are not
mandatory in a way but seed
ing of the same would definitely give more security to the
UAN of a particular member,
it added.
PTI
I
Phone :
22751975
'22758570
MEDIA CLIPPING BUREAU
25, Street No. 12, Pratap Nagar, Mayur V har Phase-I,
(Behind Mona Lisa Public School) Delhi-110091
;
Name of Paper
Published at
:
PUNJAB KESARI
: NEW DELHI
Dated
2 3 JUL 2014
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Phone :22751975
22758570
MEDIA CLIPPING B UREAU
25, Street No. 12, Pratap Nagar, Mayur Vihar Phase-I,
(Behind Mona Lisa Public School) Delhi-110091
Name of Paper : BUSINESS STANDARD
Published at
: NEW DELHI
ted
23 JUL 2014
PF account holders
t6 soon receive
universal numbers
OM E H HA
N wD h uY
F
tom October 15, employees will not have to apply
for transfer of their provI .■
idea F accounts
while
Conditions for UAN service
• Employee has to obtain Universal
Account Number (UAN) from
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Phone
:
22751975
22758570
MEDIA CLIPPING BUREAU
25, Street No. 12, Pratap Nagar, Mayur Vihar Phase-I,
(Behind Mona Lisa Public School) Delhi-1 10091
Name of Paper
Published at
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Phone : 22751975
22758570
MEDIA CLIPPING BUREAU
25, Street No. 12, Pratap Nagar, Mayur Vihar Phase-I;
(Behind Mona Lisa Public School) Delhi-110091
Name of Paper
617-11-1
Published at
Dated
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Phone : 22751975
22758570
MEDIA CLIPPING BUREAU
25, Street No. 12, Pratap Nagar, Mayur Vihar Phase-I,
(Behind Mona Lisa Public School) Delhi-110091
Name of Paper
ublished at
Dated
:
:
BUSINESS STANDARD
NEW DELHI
2 6 JUL 2014f
EPFO allocates universal a/c number to 41.7 mn members
SOMESH JHA
seminated to respective employers non-active accounts.
through the online transfer claim portal
With this facility, employees will
(OTCP) of the EPFO.
merely need to update their employee
The Employees Provident Fund
Employees will be able to operate the identity numbers provided by the new
Organisation (EPFO) has rolled out uni- UAN once these are made operational employer in their UANs when
versal account number (UAN) for 41.7 mil- from October 15. The EPFO has request- switching jobs and their accounts will be
lion subscribers - a move aimed at easing ed employers covered under it to seed the automatically shifted, reducing time in
transfer of provident fund (PF) accounts on know-your-customer (KYC) documents transfer of PF.
switching jobs, besides claim settlements. such as Aadhar, National Population
On allotment of UAN, an employee
"UAN stands allocated to all 4.17 crore Register (NPR) number and bank account need not go through his or her employer
(41.7 million) members who have made jietails of their employees with UANs by to provide details to EPFO, unlike now.
contribution to EPFO in any one of the September 15. The EPFO has allocated Their claims would also be settled
last six months;' EPFO said in a circular to the UAN to active members at present faster once savings bank accounts are
its field officers.The UAN has been dis- and will soon roll out the facility for the seeded with UANs.
New Deihl, 25July
1
•
Phone
:
22751975
22758570
MEDIA CLIPPING BUREAU
25, Street No. 12, Pratap Nagar, Mayur Vihar Phase-I,
(Behind Mona Lisa Public School) Delhi-110091
Name of Paper
:
Published at
:.
Dated
:
THE FINANCIAL EXPRESS
NEW DELHI
26
JUL 2014
EPFO issues
4.17 cr UANs
for seeding
with workers
KYC does
New Delhi, July 25: Initia
ing the process of providing
portable Universal Account
Numbers (UAN) to mem
bers, retirement fund bod:
EPFO on Friday issued 4.1'
crore UANs to firms for seed
ing them with workers' KYC:
like Aadhaar and bank ac
count number.
An EPFO official said
however that UANs would be
operational in October as the
process of seeding with the
Know- your-customer (KYC)
documents like Aadhaar
would be completed by September 15.
UAN will improve the
quality of service provided
to workers in the organised
sector as they would not
have to apply for transfer of
PF account claims on changing jobs. It will also help
workers in the construction
sector who often work at different locations with different contractors.
"UAN stands allocated to
all 4.17 crores members who
have made contribution to EPFO in any one of the last 6
months. All these UANs have
been disseminated to respectiveemployers through OTCP
(Online Transfer Claim) Por•••••
twa,
al," an E PFO offi
ce order for
thefield staff stated.
"
It said employers are supposed to log on to OTCP portal to collect the UAN allotted
to their employees and disseminate that to the individual workers.
Besides, the employers,
who maintain computerised
database of workers' relating to KYC like
Aadhaar/NPR, PAN card or
bank account number, can
seed those through the UAN
Portal by sending a text file
in pre-defined format. The
KYC data will automatically
be seeded against the UAN of
the members upon receipt of
this information.
The EPFO wants that the
firms must provide Aadhaar/NPR number of workers wherever available and
bank A/c number as part of
the KYC detail because it will
enable EPFO in future to provide services directly to the
beneficiaries without intermediation of the employers.
In case where employers
does not maintain database
of workers' KYC details, the
EPFO has created a facility
for individual members to
upload the details on UAN
portal through a personal log
in on the member portal.
The individual subscribers are also expected to
upload a scanned copy of the
documents relied upon for
quoting KYC on the Portal.
The KYC furnished by individual members will be automatically captured by UAN
database for seeding.
Asking field formations to
expedite the work on UAN,
the order said: "We have set
an ambitious target for seeding of KYC which has to be
concluded at the earliest by
September 15.
PTI
UAN TO BE LAUN CHED BYOC
N E WDELH I
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Phone : 22751975
- 22758570
MEDIA CLIPPING BUREAU
25, Street No. 12, Pratap Nagar, Mayur Vihar Phase-I,
(Behind Mona Lisa Public School) Delhi-110091
Name of Paper
Published at
Dated
:
:
NAV BHARAT TIMES
NEW DELHI
27 JUL 2014
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