UAN – Employees’ Provident Fund Organisation
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: UAN Registration: Employees need to activate their UAN through the EPFO’s onli...