EPFO Launches E-PRAAPTI Portal to Help Members Track Old Inactive EPF Accounts
New digital platform uses Aadhaar-based authentication to streamline linking of pre-UAN era accounts
Auf einen Blick
- EPFO is launching E-PRAAPTI, a digital portal enabling members to find, track, link and activate old or inactive EPF accounts using Aadhaar-based authentication.
- The portal targets employees who worked before the Universal Account Number system and may have multiple employer accounts without UAN linkage.
- Labour and Employment Minister Mansukh Mandaviya announced the initiative, which will initially benefit members who can recall their member IDs.
KI-generierte Zusammenfassung
Warum es wichtig ist
EPFO manages over 50 crore (500 million) subscriber accounts. Many employees who worked before the UAN system (pre-2014) have multiple EPF accounts with different employers that were never linked to a Universal Account Number, making it difficult to track complete employment history and claim benefits.
The Employees' Provident Fund Organisation (EPFO) is preparing to introduce E-PRAAPTI, a dedicated digital portal to assist members in identifying, tracking, linking and activating old or inactive EPF accounts, Labour and Employment Minister Mansukh Mandaviya announced on Wednesday.
“The E-PRAAPTI portal (EPF Aadhaar-based Access Portal for Tracking Inoperative Accounts) will provide a streamlined Aadhaar-based authentication mechanism that will enable members to securely access their old EPF account which may not have an UAN linked with it and initiate the process for updating their member profile, followed by seamless UAN linking and activation,” Mandaviya said.
In the first phase, the portal will be useful for employees who can recall their member IDs, ensuring a secure and fast rollout and providing immediate benefits to a wide segment of members who have their member IDs.
The facility will benefit a huge number of persons who began working before the UAN era and are unable to present a complete chain of employment history when filing claims with the retirement fund body since they might have worked for many employers during that time.
A UAN (Universal Account Number) is a 12-digit unique ID allotted by EPFO to its members. The Universal Account Number is allotted to an EPFO member by linking the number to the member's currently active PF account number from July 31, 2014, to November 30, 2016. From December 2016, any new member has to be allotted a UAN linked to the establishment's code number.
An EPF account is classified as an inoperative account in which contribution has not been received for 3 years after retirement or permanent migration abroad or in case of the death of an EPFO member. At present, all accounts will earn interest up to 58 years of the age of a member.
If an EPF account becomes inoperative and the member is still working in an establishment covered under the EPF & MP Act, 1952, they should get the amount transferred into their new EPF account either by online or offline mode. If the member has retired, they may withdraw the EPF corpus amount.
Offene Fragen
- Exact launch date of the portal
- Technical specifications of Aadhaar authentication
- Process for members who don't remember their member IDs
- Handling of claims from merged accounts
