Universal Account Number (UAN)

What is Universal Account Number or UAN?

• The UAN is a 12-digit number allotted to each Employee Provident Fund member by the Employee Provident Fund Organization(EPFO) which gives him control of his EPF account and minimises the role of employer.

• Member Id or Member Identification Numbers is the number given by EPFO to allow the employer to submit EPF money of employee.

• When the employee changes the job then the new employer will open a new account number for it’s employee in EPFO. So a new Member ID will be allotted to employee.

• Member ID is same as PF number earlier. So you would have as many Member ID’s as the number of employers contributing on your behalf to EPFO.

Ex: For someone who works in Bangalore the code can be BG/BNG/012345//789.

• If the employee does not have a UAN number, probably because it’s his first job or he was working before Jan 2014 when UAN number process started. Then employer will request the EPFO to generate the UAN number for its employee along with Member ID.

• For an employee who already has a UAN number the employer will submit the request to EPFO to generate new Member ID for the employee and link it to the UAN number of the employee by filling Form 11.

How does Member ID differ from UAN number?

How will UAN help you?

• No need for fund transfer: EPF account from one employer account to another was a tedious process. But the UAN will do away with the need to transfer your funds at all. All you have to do is furnish your UAN and KYC details to new employer. Once the new employer verifies these details, the money from the older account will get transferred to the new account

No employee involvement in withdrawals: At present any request for EPF withdrawal has to be signed by your previous employer and then sent to the EPFO. There would be no need for transfer requests as money lying at your previous account would automatically get transferred to your new account once your present employer verifies your KYC details.

Receiving monthly SMS alerts: Every month when you and your employer contribute to your EPF account, you will receive an SMS alert from the EPFO.

Better utility of employee pension scheme: With UAN, your EPF money along with that under EPS is automatically transferred. Transferring the money instead of withdrawing will result in better pension money when you require it most.

Check related data on:• Allotment of UAN, Registration of UAN and EPF balance online• How You Can Claim Your EPF Amount From The Inoperative

Account• How to get information about EPF balance

Thank You…