INSUBCONTINENT EXCLUSIVE:
EPF is a government-run pension scheme.
Employees' Provident Fund Organization or EPFO, the nodal
agency that monitors Employees' Provident Fund contributions, allows the subscriber - or employees of an organisation of 20 or more
individuals - to transfer provident fund (PF) balance with the previous employer to a new employer
In online transfer of PF, an employee has the option to get the claim attested by the previous employer
EPF is a government-run pension scheme in which mandatory contribution is deducted from the salary of an employee and contributed towards
Here are the steps to transfer provident fund with the previous employer to new employer:The EPF member is required to log on
salary slip of an employee
( How To Check PF Balance)The subscriber is then required to go to 'Online Services' tab on the main menu of the home page and select
'Transfer Request' to generate an online transfer request.On clicking the 'Transfer Request', a page will open, where all the personal
OTP is then sent to the registered mobile number
and send it to the previous employer.The employer also gets an online notification about the EPF transfer request
After verification of the employment details, the employer can digitally forward the claim to the EPFO office.EPFO will, hence, process the
EPFO's online facility, members can also apply for PF final settlement, pension withdrawal benefit and PF partial withdrawal
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