EPF Account Transfer Latest News: To transfer the PF account online, the old and new employers should both be able to initiate the transfer process through the unified Member e-Sewa portal. aaa
Employees' Provident Fund Organization (EPFO) allows employers to generate Universal Account Number (UAN Number) of their employees through its portal.
Under the Employees' Deposit Linked Insurance Scheme, 1976 (EDLI) to all EPF subscribers, the entire EPF account benefit of Rs 7 lakh is given as free insurance. If the member dies without any nomination, it becomes difficult to process the claim.