UAN-BenefitsForMembers_May2016.pdfsa6d56s

UAN-BenefitsForMembers_May2016.pdfsa6d56s

1. EPF,INDIA-
MEMBER
SERVICES
UNIVERSAL ACCOUNT NUMBER
(UAN)

2. EPF BENEFITS
Employees’ProvidentFund-
AllemployeeswithwagesuptoRs15,000requiredtojointheFund.
Accumulationspayableonretirement,resignation,death.
Partialwithdrawalspermittedforfinancinglifeinsurancepolicies;Acquiringhouseor
site;Marriageofselfordependents;Educationofchildren;Treatmentofillnessetc.
Employees’PensionScheme-
Entitlementforpensionafter10yearsofservice&onattainingtheageof50years.
MinimumpensionofRs1,000/-
Pensionadmissibletodependents;widow,children,dependentparent,nominee.
Employees’DepositLinkedInsuranceScheme
MaximumadmissibleamountRs6lac.

3. WHAT IS UAN
•UAN stands for Universal Account Number.
•UAN will act as an umbrella for the multiple Member Ids allotted to
an individual by different establishments.
•UAN enables linking of multiple EPF Accounts (Member Id) allotted
to a single member
•Members can view details of his/her all EPF Accounts.

4. WHY UAN!
•Hugelabourturnoverrateduetoincreasingshort-termcontractual
employments.
•UANfacilitateslinkingofmultipleEPFaccountsofamember.
•Aadhaar,BankAccountandPANarethekeyKYCdocuments
identified.
•DigitallyauthenticatedKYCwouldfacilitateclubbingofallprevious
PFaccountnumbers.
•UANislifelongaccountnumber.
•AadhaarenabledUANwilleventuallyenablememberstoaccessEPF
servicesdirectly.

5. EPF MEMBERS ’ SERVICES
•Correct updated information about his/her EPF Account
•Electronic updates on credits/debits to EPF Account
•Portability of EPF Member Account
•Uniquely identifiable Member Account
•Digitally certified member accounts to preempt frauds/
mis-credits
•Claims settlement without employers’ intermediation

6. UAN ALLOTMENT & ACTIVATION
•EPFmembersinrespectofwhomatleastonecontributionis
receivedinorafterJan-2014UANisallottedbyEPFO
•EPFmembersnothavingUAN&nocontributionreceivedinor
afterJan-2014canrequestEPFOtoallotUAN.
•Anycitizen(whetherEPFmemberornot)canrequestforUAN
UANisallottedbyEPFO
•UANholdercanregisterhis/hermobilewithEPFOforUAN
activation
•UANholderhastheoptiontochangethemobilenumberlinked
withhis/herUAN.

7. CORRECT UPDATED INFORMATION ABOUT MEMBERS ’
EPF ACCOUNT
•Post Activation member receives SMS about credits/debits
to their EPF account.
•Members can give a missed call to get details about their
PF account.
•Members can download EPF mobile app to track their EPF
account.
•Members may list all existing EPF accounts –EPFO would
facilitate consolidation of all accounts.

8. UAN ENABLED MEMBER SERVICES
•IncaseofAadhaarenabledUAN,memberscan
submittheirclaimsdirectlywithEPFO.
•OnlineapplicationsforallEPFOservices.
•Noneedtogototheemployersforclaims
attestation.
•EspeciallyusefulforEPFmemberswhochange
theirjobsand/orlocationsfrequently.
•MemberscanthemselvesdownloadUANCard.

9. EPFO REQUESTS MEMBERS TO
•CollecttheirUANfromthecurrentemployer
•ActivatetheUAN;(VisitUANMemberse-sewaon
http://uanmembers.epfoservices.in)
•ProviderequisiteKYCdetails(Aadhaar,BankAccount
details&PAN)
•ListalltheirpreviousEPFAccountnumberswithEPFO
•Foranyassistance-contactUANHelpDesk(18001-
18005);www.epfindia.gov.in->OurServices->For
Employees->Services->UANHelpDesk

10. MEMBERS ALREADY HAVING A UAN
•Onjoininganynewestablishmentprovidethe
sametonewemployer.
•IFKYCnotprovidedtopreviousemployer,provide
thesametonewemployer.
•IfKYCprovidedtopreviousemployergivethe
sametonewemployer.
•Thiswillfacilitateauto-transferofpreviousEPF
account.

11. THANK YOU