If you're a salaried employee and contributing to the Employees’ Provident Fund (EPF), then this update from the Employees’ Provident Fund Organisation (EPFO) is crucial for you. Neglecting it can lead to delays, financial loss, and administrative headaches in the future.
The Universal Account Number (UAN) is a unique identification number assigned to every EPF subscriber. This number remains the same throughout your career, even if you switch employers. Your employer uses the UAN to deposit your monthly PF contributions and to keep your EPF balance updated.
However, when you join a new organization, failing to share your UAN with the new employer can lead to serious complications.
If you do not provide your UAN to your new employer:
Your EPF account becomes inactive: Without the UAN, your employer cannot deposit your PF contributions to your existing EPF account.
Delayed contributions: Your PF contributions will not be credited, leading to a break in your retirement savings.
Problems with fund transfer: Your previous EPF balance won’t automatically carry over to your new account, requiring manual transfer.
Loss of interest: Any delay in contributions can lead to a loss of interest on the amount that wasn’t deposited in time.
Compliance issues: EPFO maintains a strict compliance record. Inconsistent UAN usage can raise red flags, triggering inquiries or audits from the regulatory body.
When you share your UAN with the new employer:
Your new EPF account links seamlessly with your old one.
Past contributions are automatically transferred.
You avoid delays and manual paperwork.
Your PF account continues to accrue interest without interruption.
Ignoring this step, on the other hand, could force you into a tedious manual transfer process that may take weeks to resolve.
EPFO has issued a clear reminder: make sure your UAN details are correct and active. Log in to the EPFO Member Portal and verify all your information is updated. If anything is incorrect—such as your name, date of birth, or Aadhaar number—get it rectified immediately.
When joining a new company, provide your UAN to the HR department at the time of onboarding. Also, ask them to verify and link your old PF account number to ensure contributions continue without disruption.
Your UAN is mandatory for a seamless EPF experience.
Always provide your UAN to your new employer.
Regularly check your EPF status through the member portal.
Keeping your records accurate and up to date can save you from unnecessary delays in salary settlement and PF withdrawal in the future.
Final Word
A simple step like linking your UAN at the right time ensures uninterrupted savings, smoother job transitions, and peace of mind. Don’t let a small oversight create a big financial mess later. Log in, verify, and inform—your PF future depends on it.
