UAN – Employees’ Provident Fund Organisation

The Employees’ Provident Fund Organisation (EPFO) is an Indian government agency responsible for managing the Employees’ Provident Fund (EPF), which is a retirement savings scheme for employees in India. The EPF is a mandatory, long-term savings plan where both employees and employers contribute a portion of the employee’s salary to the fund. This contribution accumulates interest and is intended to provide financial security to employees after they retire.

The Universal Account Number (UAN) is a unique 12-digit number assigned to each EPF member. The UAN simplifies the process of managing EPF accounts by linking multiple EPF accounts under a single number, making it easier for employees to transfer their EPF balance when changing jobs and to access their EPF details online.

Here are some key features of the EPFO and UAN system:

1. UAN Registration: Employees need to activate their UAN through the EPFO’s online portal or through their employer. This process typically involves verifying your mobile number and other personal details.
2. EPF Contributions: Both employees and employers contribute to the EPF. The contribution rate is a percentage of the employee’s basic salary and dearness allowance.
3. Account Management: UAN allows employees to check their EPF balance, download EPF statements, and track the status of claims online.
4. Transfer and Withdrawal: When changing jobs, employees can transfer their EPF balance from the old account to the new one linked to the same UAN. They can also withdraw their EPF balance under certain conditions, such as retirement, resignation, or if they are facing financial difficulties.
5. Benefits: The EPF provides financial security for employees after retirement and also offers benefits in case of disability, death, or unemployment.

If you need more detailed information about EPFO services or UAN-related issues, the EPFO website and customer service can be good resources.