Impact of PF Transfer Simplification on Organisations (EPFO Circular dated 15-01-2025)
The Employees' Provident Fund Organisation (EPFO) issued a circular on January 15, 2025, simplifying the Provident Fund (PF) transfer process when employees change jobs. The requirement to route online PF transfer claims through either the past or present employer has been removed in specific cases. This change is expected to make the process more efficient and reduce delays. Key Changes Introduced The simplification applies to the following transfer cases: 1. Transfers between Member IDs linked with the same UAN - The Universal Account Number (UAN) was allotted on or after 01-10-2017. - The UAN is linked with Aadhaar. 2. Transfers between Member IDs linked with different UAN's - The UANs were allotted on or after 01-10-2017. - The UAN's are linked with the same Aadhaar. 3. Transfers between Member IDs linked with the same UAN (before 01-10-2017) ...