No Tags Found!


ram2hr
53

Dear All,

Permanent PF a/c number by 2013

Permanent PF a/c number by 2013 - Rediff.com Business

Come March 2013, salaried employees will be able to switch jobs, without

worrying about withdrawing or transferring their savings with the Employees

Provident Fund Organisation (EPFO). As the EPFO migrates from a

decentralised to a centralised system, it intends to give permanent account

numbers to their holders. Currently, salaried employees need to open new EPF

accounts whenever they change jobs. The old PF numbers are either closed, or

the money in it withdrawn or transferred into new accounts. It turns more

complicated when the employee moves from one state to another for a job. To

put an end to this difficulty, the EPFO intends to shift to a permanent

account number, akin to a mobile number, to make this possible.

Source : Permanent PF a/c number by 2013 - Rediff.com Business

From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.