Working? Here is a manual to transfer your PF claims - key questions

When your job changes, the transfer of your employee provision fund (EPF) to the account of your new employer is essential. Keep in mind that the Provident Fund (PF) is not automatically transferred to your new employer. To ensure that your savings remain safe and consolidated, you must actively transfer your PF claim to your current employer. Here we answer key-focused questions related to PF transfer: Q-1 How can you transfer PF online? EPFO streamlined the online PF transfer process. Follow the steps below to complete the transfer-Step 1: Sign in to the Unified Portal (member interface) with details such as your UAN number and password. Step 2: Select “One Member -One EPF account (transfer request) ‘in the online services -Menu. Step 3: Verify the personal details of the current employer and information on the PF account. Step 4: Click ‘Get details’ to display the PF account details of your previous service below. Step 5: Choose either the previous or current employer to testify the claim form and provide the member or uan. Step 6: Click ‘Get OTP’ to receive an OTP on the UAN registered cellphone number. Enter the OTP and click ‘Submit’. Step 7: After clicking ‘submit’, you get the tracking -ID and PF account details. Press ‘Form 13,’ Sign it up and submit to your employer within ten days of receipt. V 2- What are the necessary conditions to submit the transfer claim online? The following are the requirements to submit the transfer claim online: (a) Both previous and current members (PF account number) must be accessible in the EPFO ​​database. (b) The employer must have registered the digital signature certificates of his authorized signatories with EPFO. V-3 Why is Uan important for online PF transfers? The Universal Account Number (UAN) serves as a single umbrella for the superior member’s assigned to an individual by various employers. This allows users to connect all their EPF accounts (Member’s) to one account. Q-4 How can I see if the PF amount of my previous member ID was transferred to my current member ID? You can verify it by viewing its passbook by viewing the Unified Portal. Navigate on the homepage to View> Passbook. You need to enter details such as UAN, Password and Captcha to sign up. Once signed up, you can see the passbook. If its PF is transferred, it will appear in the latest passbook as a credit entry. V-5 How can you detect the status of the online transfer claim? The E-Sewa Portal allows users to detect the status of their transfer claim by navigating to the ‘online services’ tab and selecting ‘track claim status’. After submission, the initial status displayed is “pending with the employer.” Once the employer approves the transfer request, the status is updated to “accepted by the employer.” Q-6 or the date of exit of the previous work is compulsory to apply for online transfer? The update of the date of exit of a previous job is compulsory for online transfer applications. The retirement date can only be updated after two months after leaving the job. In addition, the exit date may be any date within the month when the last contribution was made by the previous employer. Q-7 My PF was transferred to my current ID, but my pension did not. What should I do? Pension benefits depend on the length of the service and the average of the last wages earned. They do not rely on the actual amount in the pension fund account. Therefore, this amount is not transferred when the employment is changed, and merely the transfer of service records make the member eligible for pension benefits.