Provident Fund Members: EPFO Directs Transfer of Funds from Exempted Trusts
The Employees’ Provident Fund Organisation (EPFO) has issued a crucial directive, aiming to ensure that past Provident Fund (PF) accumulations of non-UAN members from Exempted Trusts are credited to their new, Aadhaar-linked Universal Account Numbers (UANs) by June 30, 2025. This significant move leverages a new bulk UAN generation feature.
Who is Affected and When Will Funds Be Credited?
This directive primarily impacts individuals who were members of Exempted Trusts (organizations managing their own PF, rather than through EPFO directly) and do not yet have a UAN for their past accumulations.
Your past PF funds will be transferred in two main scenarios:
- If the cancellation or surrender of the Exempted Trust has already been approved by the EPFO’s Central Board of Trustees (CBT) or officially notified by the government.
- If the proposal for the cancellation or surrender of the Exempted Trust is currently under review or consideration.
Why the Change?
EPFO had previously eased the Aadhaar requirement for generating UANs and crediting past accumulations for these members. This was followed by the introduction of a bulk UAN generation software for EPFO field offices, making this large-scale transfer feasible.
Important Restriction: No Withdrawals Until Aadhaar Seeding
While your funds are being transferred, it’s vital to note that you will not be able to make any withdrawals or transfers from these new UANs until your Aadhaar number is successfully linked to your UAN. This measure is in place to ensure security and proper identification.
EPFO has instructed all its zonal offices to submit a report on the actions taken regarding this directive by June 30, 2025, emphasizing a swift and coordinated effort.