New Delhi: Retirement fund body EPFO notified an order to make Universal Account Number (UAN) mandatory for all employers covered under the Employees Provident Funds and Miscellaneous Provisions Act 1952. “We have notified the draft order to make UAN compulsory for all organisations covered under the EPF & MP Act,” EPFO’s Central Provident Fund Commissioner K K Jalan told PTI.
The UAN facility was launched by Prime Minister Narendra Modi in October last year. The UAN remains portable throughout the lifetime of an employee and they don’t have to apply for PF transfer claims at changing jobs.
