Link Aadhaar number with EPFO’s UAN, says provident fund official
TIRUNELVELI, SEPTEMBER 21, 2018 00:00 IST
‘Only 1.55 lakh out of 3 lakh subscribers have complied’
The Employees Provident Fund Organisation’s Tirunelveli Region has set a target of linking the Universal Account Number (UAN) of nearly three lakh subscribers of the region with their Aadhaar number before October 2.
The move was aimed at making their PF transactions/settlements easier, M. Mathialagan, Additional Central Provident Fund Commissioner, Coimbatore Zone, told reporters here on Thursday,
The EPFO, which was moving towards its ‘paperless office’ goal, would be able to settle the claims and deal with other transactions effectively if the employers and employees cooperated with the organisation.
The employees, having their Universal Account Number activated and Know Your Customer seeded with it, could claim their benefits through www.epfoindia.gov.in or Unified Mobile Application for New-age Governance (UMANG) app of the Government of India since online filing of return and remittance by the employer was already in place.
For availing the benefits instantly, the employer must have digital signature or e-signature, and the employees should get their KYC i.e. Aadhaar number, bank account details and mobile phone number linked with their UAN.
However, only 1.55 lakh out of the three lakh-odd subscribers in the region had linked their Aadhaar number with UAN although both the employers and the employees had been sensitised to its necessity on various occasions.
If the Aadhaar number and other required details were seeded with the UAN, it would immensely expedite the settlement of claims and other PF transactions.
Hence, the employers and the employees should cooperate with PF officials by linking their KYC with UAN, Mr. Mathialagan said.
On the housing assistance scheme launched by EPFO’s Tirunelveli Regional Office last year, wherein the subscribers could withdraw 90% of their accumulation in the PF account for constructing or buying a house, Mr. Mathialagan said the initiative set in motion by the regional office had reached the final stages as construction of houses for employees of a Thoothukudi-based shipping company would take off soon.
Unused funds
The amount in inoperative PF accounts would not be diverted for any other purpose, he said when asked about the Finance Ministry’s proposal for using the unused funds for the welfare of senior citizens.
“Since EPFO is the custodian of the funds once paid by the subscribers, it has the responsibility of returning it back to the subscriber or to their legal heirs,” said K. Muthuselvan, Regional PF Commissioner – I, Coimbatore Zone.
Later Mr. Mathialagan handed over pension orders to beneficiaries in the presence of Sanat Kumar, Regional PF Commissioner– I, Tirunelveli.
Both the employers and employees should cooperate with PF officials for easy settlement of claims, transactions
M. Mathialagan,Additional Central Provident Fund Commissioner, Coimbatore Zone
TIRUNELVELI, SEPTEMBER 21, 2018 00:00 IST
‘Only 1.55 lakh out of 3 lakh subscribers have complied’
The Employees Provident Fund Organisation’s Tirunelveli Region has set a target of linking the Universal Account Number (UAN) of nearly three lakh subscribers of the region with their Aadhaar number before October 2.
The move was aimed at making their PF transactions/settlements easier, M. Mathialagan, Additional Central Provident Fund Commissioner, Coimbatore Zone, told reporters here on Thursday,
The EPFO, which was moving towards its ‘paperless office’ goal, would be able to settle the claims and deal with other transactions effectively if the employers and employees cooperated with the organisation.
The employees, having their Universal Account Number activated and Know Your Customer seeded with it, could claim their benefits through www.epfoindia.gov.in or Unified Mobile Application for New-age Governance (UMANG) app of the Government of India since online filing of return and remittance by the employer was already in place.
For availing the benefits instantly, the employer must have digital signature or e-signature, and the employees should get their KYC i.e. Aadhaar number, bank account details and mobile phone number linked with their UAN.
However, only 1.55 lakh out of the three lakh-odd subscribers in the region had linked their Aadhaar number with UAN although both the employers and the employees had been sensitised to its necessity on various occasions.
If the Aadhaar number and other required details were seeded with the UAN, it would immensely expedite the settlement of claims and other PF transactions.
Hence, the employers and the employees should cooperate with PF officials by linking their KYC with UAN, Mr. Mathialagan said.
On the housing assistance scheme launched by EPFO’s Tirunelveli Regional Office last year, wherein the subscribers could withdraw 90% of their accumulation in the PF account for constructing or buying a house, Mr. Mathialagan said the initiative set in motion by the regional office had reached the final stages as construction of houses for employees of a Thoothukudi-based shipping company would take off soon.
Unused funds
The amount in inoperative PF accounts would not be diverted for any other purpose, he said when asked about the Finance Ministry’s proposal for using the unused funds for the welfare of senior citizens.
“Since EPFO is the custodian of the funds once paid by the subscribers, it has the responsibility of returning it back to the subscriber or to their legal heirs,” said K. Muthuselvan, Regional PF Commissioner – I, Coimbatore Zone.
Later Mr. Mathialagan handed over pension orders to beneficiaries in the presence of Sanat Kumar, Regional PF Commissioner– I, Tirunelveli.
Both the employers and employees should cooperate with PF officials for easy settlement of claims, transactions
M. Mathialagan,Additional Central Provident Fund Commissioner, Coimbatore Zone
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