EPFO's UAN 2.0 in the Works: 10 Things You Should Know
Updated: November 4, 2016, 1:11 PM
The UAN program was initiated in 2014 to allot a single number to members, which would be used for employees' provident fund (EPF) purposes for all employments. (PTI)
The Employees' Provident Fund Organisation (EPFO) is in the process of implementing the next version of the Universal Account Number (UAN) or UAN 2.0. The UAN program was initiated in 2014 to allot a single number to members, which would be used for employees' provident fund (EPF) purposes for all employments.
According to the EPFO, the next version of UAN being worked on would involve the generation and linking of UAN of members in their various employments and its integration with the next version of the Electronic Challan-cum-Return (ECR) and Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) scheme.
Main Features of UAN 2.0
So what does this UAN 2.0 entail? For the benefit of the multitude of EPF members, we bring you the main features of the next version of UAN 2.0. These are:
- In the coming phase, UAN would be the key field in ECR.
- For first-time members joining the Employees' Provident Fund, UAN would be obtained by the employer or member prior to the filing of ECR by the employer for that member.
- The employer would furnish the member's details on the basis of KYC documents (i.e., Aadhar, PAN, Bank account, etc.).
- The generation/linking of UAN can be done through an online functionality on the UAN portal.
- The generation/linking would be mandatory for the employer to include new members in the ECR.
- The employer may start remitting dues through ECR for the linked UAN thereafter.
- The new system will help avoid discrepancies or issues relating to the member's name, name of father/spouse, date of birth, etc.
- The UAN would be allotted upfront on the portal and would be revalidated in the ECR file of the employer at the time of its submission.
- For a member who was earlier a member of EPF prior to joining the present employment, the linking of the existing UAN of the member should necessarily be done by the employer before filing of UAN-based ECR.
- The member's details as available in the provided UAN, i.e., name of member, date of birth, father's/husband's name, would be used in the ECR of the present employment.
Regards
Updated: November 4, 2016, 1:11 PM
The UAN program was initiated in 2014 to allot a single number to members, which would be used for employees' provident fund (EPF) purposes for all employments. (PTI)
The Employees' Provident Fund Organisation (EPFO) is in the process of implementing the next version of the Universal Account Number (UAN) or UAN 2.0. The UAN program was initiated in 2014 to allot a single number to members, which would be used for employees' provident fund (EPF) purposes for all employments.
According to the EPFO, the next version of UAN being worked on would involve the generation and linking of UAN of members in their various employments and its integration with the next version of the Electronic Challan-cum-Return (ECR) and Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) scheme.
Main Features of UAN 2.0
So what does this UAN 2.0 entail? For the benefit of the multitude of EPF members, we bring you the main features of the next version of UAN 2.0. These are:
- In the coming phase, UAN would be the key field in ECR.
- For first-time members joining the Employees' Provident Fund, UAN would be obtained by the employer or member prior to the filing of ECR by the employer for that member.
- The employer would furnish the member's details on the basis of KYC documents (i.e., Aadhar, PAN, Bank account, etc.).
- The generation/linking of UAN can be done through an online functionality on the UAN portal.
- The generation/linking would be mandatory for the employer to include new members in the ECR.
- The employer may start remitting dues through ECR for the linked UAN thereafter.
- The new system will help avoid discrepancies or issues relating to the member's name, name of father/spouse, date of birth, etc.
- The UAN would be allotted upfront on the portal and would be revalidated in the ECR file of the employer at the time of its submission.
- For a member who was earlier a member of EPF prior to joining the present employment, the linking of the existing UAN of the member should necessarily be done by the employer before filing of UAN-based ECR.
- The member's details as available in the provided UAN, i.e., name of member, date of birth, father's/husband's name, would be used in the ECR of the present employment.
Regards