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Thursday, January 20, 2022

After leaving the job, now do this job yourself, otherwise your PF money will be stuck

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If you did not register a date of exit in the EPFO ​​system after changing the job, then your PF money may get stuck. Let’s know about it.

Now employees can also update the date of leaving their jobs

If you work in a private limited company, then a part of your salary is deducted as Provident Fund (PF). This money is deposited in the employee’s PF account. Provident fund money means a lot to the jobber. The money deposited in it comes after retirement. PF account is transferred on changing job. But, the money of PF cannot be transferred or withdrawn till the date of Exit is updated in the account. If you did not register a date of exit in the EPFO ​​system after changing the job, then your PF money may get stuck. Let’s know about it.

The Employees’ Provident Fund Organization (EPFO) has given great convenience to its subscribers to solve this problem. Now the employees can themselves enter the date of leaving the job themselves in the EPFO ​​system. Earlier, the employee had to depend on the company for this. Only the company had the right to enter the date for the employee to join and leave the company. But now the employee has got the right to file a date of exit in the EPFO ​​system.

If you also want to enter a date of exit in your PF account, then its process is very easy. Please tell that if you have recently left the job, then you will have to wait for 2 months to file a date of exit.

This is the whole process

>> First go to https://unifiedportal-mem.epfindia.gov.in/memberinterface/.

>> Log in by entering UAN, password and captcha code.

>> Go to Manage and click on Mark Exit.

>> Select PF Account Number from Select Employment under the drop down.

>> Enter Date of Exit and Reason of Exit.

>> Click on Request OTP and enter the OTP received on the mobile number linked to Aadhaar.

>> Select the check-box.

>> Click on Update.

>> Click on OK.

According to EPFO, if your exit date is not updated, you cannot withdraw money from your PF account nor transfer accounts to a new company.

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Bhagyashree Soni
Bhagyashree Soni is a software engineer with soft writing skills. She is a degree holder from the International School of Entrepreneurial Leadership. She has been a state-level badminton champion and chess player. A woman with a forthright attitude enjoys her writing passion as her chosen career. Writing in the context of feminism, social-cause and entreprenurship is her forte.
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