The Employees’ Provident Fund (EPF) is a government-backed savings scheme aimed at providing financial security to employees working in India. The EPF scheme mandates that both employees and employers contribute a portion of the employee’s salary to the EPF account, which accrues interest over time. The Universal Account Number (UAN) is a 12-digit unique number assigned to each EPF member to simplify account management and provide a single platform to access multiple EPF accounts. Despite these measures, employees still encounter various issues with their EPF and UAN accounts.
a. Reasons for incorrect date of birth: Incorrect date of birth in the UAN can occur due to clerical errors, mistakes made by the employer during data entry, or miscommunication between the employee and employer.
b. Steps to rectify the incorrect date of birth:
a. Reasons for the incorrect date of exit: The incorrect date of exit can occur due to errors made by the employer during data entry or delays in updating the exit date after an employee leaves the organization.
b. Steps to rectify the incorrect date of exit:
Contact your employer and inform them about the incorrect date of exit in your UAN.
The employer can correct the date of exit through the Employer’s EPF portal.
c. Documents required for the correction: No specific documents are needed for this correction, but employees should keep their resignation or relieving letters for reference.
a. How to activate UAN:
b. Common KYC issues and their solutions: Some common KYC issues include incorrect details, missing documents, or unapproved KYC status. To rectify these issues, update the required details and upload the necessary documents on the UAN portal. The employer will need to approve the changes.
c. Updating KYC details in the UAN portal:
a. How to transfer EPF account from the previous employer to the current employer:
b. Common EPF withdrawal issues and solutions: EPF withdrawal issues may arise due to incomplete KYC, incorrect personal details, or not meeting the required criteria for withdrawal. Ensure your KYC details are updated and accurate, and check the withdrawal criteria before submitting a request.
If you’re unable to resolve EPF or UAN issues through the standard procedures, you can raise a grievance through the EPF Grievance Redressal System.
a. How to file a grievance:
b. Tracking the status of your grievance:
It's essential to keep your EPF and UAN details up-to-date and accurate. Familiarize yourself with the processes to rectify common issues and utilize the grievance redressal system when necessary. By doing so, you can ensure a smooth experience with your EPF account and secure your financial future.