Efforts on to make PF accounts portable

Updated - September 06, 2016 12:13 pm IST

Published - March 15, 2016 12:05 am IST - New Delhi:

In an attempt to make provident fund accounts portable in view of the growing mobility of labour, the government has directed factory inspectors to link the Aadhaar or PAN number of workers with the Universal Account Numbers (UAN) assigned to their PF account.

Central Provident Fund Commissioner V.P. Joy has written to all the regional commissioners in this regard.

“We have told all the compliance inspectors that whenever they go for inspection of an establishment, they should ask for Aadhaar or PAN card details of workers in advance. They may take the services of PF officials in seeding the Aadhaar or PAN card details of workers along with doing their round of inspection”, another senior EPFO official said.

The UAN facility allows workers to transfer their provident fund deposits easily while switching jobs anywhere in India. However, in order to do so, linking UAN with bank accounts and either Aadhaar or PAN details is mandatory.

So far, only 17 per cent of the total 6.36 crore UAN accounts have become portable.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in


Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.