As per EPFO circular dated 15th November 2017, the EPFO in its Unified Portal/EPFO Application software has introduced the functionality to carry out Auto Transfer of accounts of a member on change of employment. Members whose UAN and Aadhaar number is entered and matched by the present employer against the existing details as available against the UAN would be marked for auto transfer, members have to satisfy the following preconditions that the aadhaar number is seeded and verified at the previous establishment; member's Date of joining, Date of exit and Reason Of Exit should be available in respect of previous employment; UAN is activated and Mobile number is available. Auto Transfer will be initiated once first payment in respect of the new employee is received from the present employer against the UAN flagged for auto-transfer. SMS and e-mail (if registered) will be sent to the member once the transfer is auto initiated. There is also a provision for member to stop the auto transfer by using "Online Services" in the member portal.
You can download all amendments and notifications from www.simpliance.in, for free. 19th November 2017 From India, Bengaluru
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