epf passbook

Faulty Employees’ Pension Scheme (EPS) records may affect your pension benefits, denial of pension, or even complications in future EPF withdrawals or transfers.

Employees' Provident Fund (EPF) or Provident Fund (PF) is a mandatory contribution of an equal amount by employee and employer towards an account which can be availed at the time of retirement or change of job.

Retirement fund body EPFO (Employees Provident Fund Organisation) has enabled its online services to allow subscribers to check their account balance from the comfort of their homes amid the ongoing Covid-19 pandemic.

EPFO increased interest rate to 8.25% for FY 2023-24 from 8.15%. Members inquire about credit date. ET reports interest credit for FY 2022-23. Check balance via UMANG app, EPFO portal, or missed call.

In organised sector, every employee contributes 12 per cent of their basic salary and dearness allowance to EPF (employee provident fund). The employer also makes a matching contribution. Of the employer's contribution, 8.33 per cent goes to the EPS

Checking your EPF balance was made easier through the UMANG app. After downloading and registering, users could access their epf passbook by entering their UAN number and verifying with an OTP. Ensure your registered mobile number is correct to avoid errors.

Receive information about your EPF contribution and balance by sending an SMS to 7738299899. Ensure your UAN is linked to your bank account, Aadhaar, and PAN. Send 'UAN EPFOHO ENG' for English or 'EPFOHO UAN MAR' for Marathi.

New Delhi, Jun 25 () Retirement fund body EPFO may bring 500 private PF trusts within its fold whose EPF accumulations are around Rs 1 crore each, or have up to 20 members, for offering better services to those subscribers.