EPFO has made many big changes for its subscribers. This has made the process of withdrawing money from PF and transferring it easier and faster. Pensioners have also got a big relief.
New PF Account System: The Employees Provident Fund Organization (EPFO) has made many big changes this year for its subscribers. The changes made by EPFO will provide many facilities to more than 7 crore active members. Not only this, many big changes are also being prepared in the coming days. Let us know about the five most important changes of EPFO 2025.
1. Profile updating has become very easy
EPFO has now made the process of updating the profile very simple. If your Universal Account Number (UAN) is linked to Aadhaar, then now you can update information like your name, date of birth, gender, nationality, parents’ name, marital status, spouse’s name and date of starting the job online without any document.
2. PF transfer has now become easy
Earlier, transferring PF while changing jobs was a long and sometimes troublesome process. Work could not be done without the approval of the company. But now this process has been made very easy. Now in most cases, PF transfer does not require the approval of the old or new employer. This makes the PF money transferred to the new account quick and easy.
3. Joint declaration made easy
EPFO has digitalized the joint declaration process. If your UAN is linked to Aadhaar or Aadhaar is already verified, then you can submit the joint declaration online.
4. CPPS system started
EPFO has started the Centralized Pension Payment System (CPPS). Under this, now the pension will be sent directly to any bank account through the NPCI platform. Earlier, for pension payment, PPO (Pension Payment Order) had to be transferred from one regional office to another, which caused delay.
5. Pension process on salary made clear
For employees who want to take pension on their higher salary, EPFO has now clarified the whole process. Now a uniform method will be adopted for everyone. If an employee’s salary is more than the prescribed limit and he wants pension on it, then he can get this facility by paying additional contribution.
DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at informalnewz@gmail.com
