EPFO Rule: Important news for seven crore PF account holders of the country. Actually, let us tell you that EPFO has made big changes for more than 7 crore private employees, and many more reforms are coming in 2025…. To know the complete information related to this update released by EPFO, read this news completely-
EPFO New Rules 2025 EPFO has made major changes for over 7 crore private employees, and many more reforms are coming in 2025. These are aimed at simplifying processes, increasing transparency and empowering members. These changes focus on improving digital services and making provident fund management more efficient.
You will be able to update your profile online yourself-
EPFO has made it very easy to update your profile. If your UAN is linked to Aadhaar, you can change details such as name, date of birth, gender, nationality, parents’ name, marital status, spouse’s name and date of starting the job online without any document. However, members whose UAN is made before 1 October 2017 may need their company’s approval for some updates.
PF transfer also became easy when changing jobs-
Earlier when changing jobs, transferring PF was a very long and difficult task. Company approval was also required for this. But now from 15 January 2025 it has been made very easy. Now in most cases there is no need to take approval from the old or new company for PF transfer. Therefore, PF money goes to the new account quickly and easily.
You can submit joint declaration from home-
From January 16, 2025, EPFO has completely digitalized the process of UAN and joint declaration. If your UAN is linked to Aadhaar or Aadhaar is already verified, then you can submit joint declaration online. But if your UAN is not made, Aadhaar is not linked or the member has passed away, then you will have to fill the physical form.
Transfer PF money to any bank account-
EPFO has started a new Centralized Pension Payment System (CPPS) from January 1, 2025. Now pension will be sent directly to any bank account through NPCI platform. Earlier, PPO had to be sent from one regional office to another for pension transfer, which caused delay. Now this process has been stopped. It is now mandatory to link the new PPO with UAN, so that pensioners can easily submit digital life certificate.
Situation clear on partial pension-
Good news for employees! EPFO has now clarified the process of getting pension on higher salary. Now the same rules will apply to everyone. If your salary is more than the prescribed limit and you want pension on it, then you will have to contribute a little more to the Provident Fund (PF).
Companies that do not come under EPFO and run their own trust scheme will also have to follow these rules. Payment and recovery of outstanding amount will now be done in a new, easier and more transparent way.
EPFO is no longer just a way to deposit money. It has now become a modern and digital facility. Due to the new changes, many tasks related to EPFO have become easier and faster than before. This has brought great relief to employees and pensioners.
