How PF is automatically transferred after job change? What I need to do?
EPFO allows members to automatically transfer EPF accounts upon job change. The transfer of EPF accounts has become hassle-free and simple with the digitisation process adopted by the EPFO. An EPF member/employee just has to furnish a few basic details along with the UAN to the new employer and the new employer will have to update the details provided on the EPFO portal. This will initiate the automatic transfer of the PF money from the old EPF account to the new one.
The process of automatic EPF transfer is as follows:
After joining a new company, the employer will ask the employee to submit F-11 which is the ‘Composite Declaration Form’. The form has to be filled with personal details and the Universal Account Number (UAN).
If the UAN is linked with the employee’s Aadhaar and also verified by the previous employer, then the employee will receive a message about the PF auto-transfer to his or her registered mobile number.
If an employee wants to stop auto-transfer, then he or she has to make the request as soon as possible, or else the transfer will occur within 10 days of the employee receiving the auto-transfer message.
The auto-transfer process will be initiated only after the new employer makes the first contribution deposit to the new EPF account.
If an employee’s UAN is not verified by the previous company, then he or she has to apply for EPF transfer through the offline channel.
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