EPFO Update: The government is bringing new updates for PF employees, which will also benefit on a large scale. Do you know that claim settlement is going to be very easy in the new changes of the government. Anyway, EPFO is constantly working to emphasize on simplifying the rules to provide continuous assistance to its employees.
Meanwhile, Union Labor and Employment Minister Mansukh Mandaviya has said a big thing in one of his social media posts, mentioning two such big changes. During this, he has written a big thing by posting on Twitter. What has been written by tweeting, you can know all this in detail below where you can read the article in detail.
Big information given by tweeting
Minister Mansukh Mandaviya has said a big thing while writing a post on Twitter (now X). He wrote in the post that under the leadership of PM Narendra Modi, EPFO is constantly working to take corrective steps. He further wrote that due to these reforms, the claim settlement process for EPFO members will now become easier. It has been made faster and hassle-free.
For this, he has also emphasized on two important reforms. The first of these is the need to upload photos of check or verified bank passbook. According to the Union Minister, this reform has been applied to some members as a pilot project first.
The work of implementing it for all has been done by 28 May 2024. This change is going to prove to be a change that will eliminate the problem of claim rejection due to uploading poor quality documents.
Know what work will be easy
EPFO is going to make many improvements. The next reform will be to eliminate the need for employee approval in linking bank information with UAN. Along with this, earlier EPF members had to link their account for PF withdrawal. Employer approval was required for their verification.
At the same time, these changes made by EPFO have not only proved to be faster in claim settlement. It has also become easier for members to update their account details. EPFO has also been changing the rules from time to time.