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EPFO has introduced a new Form No 11 linked to new transfer process

In order to streamline the process of transfer as in the unified portal 2.0 as Member & employer both were facing the problem in regards to the same EPFO has introduced a new Form No 11 which is rename as Composite Declaration form No 11 ( F-11) and which is linked to the new transfer Process

Revised procedure for Transfer of Accounts

New Transfer Process also introduce which will be automatically link with the New Declaration form

Highlights:-

?In case the employee already has a UAN, the employer will be required to enter his details through registration of member functionalities on the employer’s portal. Since there have been cases of wrong linking of current employment of member with a UAN that does not pertain to him, it would be necessary that the employer shall provide the following data at this stage:-

a) UAN allotted to him in past
b) Aadhaar No. of the member
c) Name of the member
d) Date of Birth

?In case, the earlier UAN was Aadhaar seeded and verified, the declaration by the employer of transfer request made by the employee in Form-11 will trigger an auto transfer process which will transfer the accumulations against his previous PF ID to the new PF ID.

?Form No. 13 is not required to be submitted in such cases.

?An SMS informing the subscriber about the proposed auto-transfer will be sent on his registered mobile number. Auto transfer will be completed only after:-
a) The member does not request to stop the proposed auto-transfer (either online, or
through employer or at the nearest EPFO office) within 10 days of said SMS, and

b) The first contribution by the present employer is deposited and reconciled

?In case:-
a) the earlier UAN was not seeded with Aadhaar or
b) UAN was Aadhaar seeded but not verified or
c) EPF transfer from or to an exempted establishment
the member needs to apply for transfer in Form-13 as the existing procedure for physical transfer would be followed.

Failure to furnish Aadhaar will lead to difficulty in transferring of old accumulation into new account and therefore all employers are advised to ensure that the Aadhaar number of transferee is filled in the EPFO portal

 

Looking for PF registration and Monthly compliance ? visit http://www.epfprocess.com

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