EPFO: Now your worry is about to end. The Employees Provident Fund Organization (EPFO) has made the PF transfer process easier than ever. Now your PF transfer application will not be rejected just because there is a slight overlap in the service period of your previous and new job. This is a big relief that will benefit millions of employees.
PF transfer is now even simpler
For millions of employees doing private jobs, PF is a kind of support for old age or an amount used in an emergency. When you used to join a new job, PF transfer often had to face a lot of difficulty. But now EPFO has given a big relief to the employees and has made the process of PF transfer even easier than before.
Earlier, whenever you changed jobs, you could transfer the balance from your old employer’s EPF account to the new employer’s EPF account. This is called a transfer claim. But in this, it used to happen many times that the service dates of the old and new employer overlapped, due to which the transfer claim was rejected. Thousands of employees were affected by this problem.
Now the claim will not be rejected even if there is an overlap
In this regard, EPFO has now clarified that the transfer claim will not be rejected just because there is an overlap in the service dates of two companies. According to the newly issued circular, if overlapping dates are found in a transfer claim, it means that the regional office should not reject that claim.
In such a case, you have to give clarification only when it is required to do so. For this, the transfer office has been given the responsibility to take the process forward without returning or rejecting the claim and respond only in important cases.
It is written that answers should be sought only in cases where it is necessary to understand the overlap situation and the claim should be proceeded after receiving the required information. This is an important move by EPFO which will make the PF transfer process much smoother for the employees.