Employees’ Provident Fund Organisation (EPFO) has launched new forms i.e. Form-19 (UAN), Form-10-C (UAN), and Form-31 (UAN) to provide benefit to large number of employees who can now withdraw their EPF amount without employers’ attestation.
Earlier, after leaving employment, employees were supposed to get their forms for withdrawal of EPF amount attested through employer as only the employer could identify the worker and his/her details. After the launch of UAN (Universal Account Number), EPFO has started collecting the KYC details such as Aadhaar, PAN, Bank details etc. duly attested by the employer. The process of withdrawal of EPF amount for employees is made very simple as now the form is of only one page requiring only five to six types of information to be submitted. The employee is not required to verify the form by his employer. He can provide mobile number, UAN and cancelled cheque of his/her bank account and address as basic details and submit the same under his/her signature. Based on his KYC submitted by employer the money will be sent to his/her bank account provided by the employer.
These forms are applicable to those employees who have completed their Form-11 (New) details and the employer has seeded the Aadhaar and bank details as KYC and uploaded the same to the UAN portal duly attested through Digital Signature.
-Ministry of Labour and Employment
Source: Legal news India