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New EPFO feature allows employees to exit fund

Earlier, only employers were permitted to enter an employee's last date.

By Moneycontrol News Jan 22, 2020 3:49:29 PM IST (Published)


The Employees Provident Fund Organisation (EPFO) has introduced a new tool to enable easy transfer and withdrawal of provident fund (PF) contribution.
EPFO subscribers can now enter their date of exit from their previous employer. Earlier, only employers were permitted to enter an employee's last date.
Individuals can enter the detail only two months after the exit date, since it can be done only two months after the employer's last contribution to the PF fund.