Permanent PF Account Numbers from October

Retirement fund body EPFO will start providing permanent account numbers on the pattern of core banking services to its over five crore subscribers from October this year. Permanent or universal account number(UAN) will help subscribers avoid filling PF account transfer claims on changing jobs. After getting a UAN, a subscriber would not be issued a new PF account number on joining the new employer.It is expected to provide great relief to those workers in the organised sector who frequently change jobs.

THE ECONOMIC TIMES ,NEW DELHI, 25 MARCH 2014,PAGE 13.