DO YOU WANT TO UPDATE/CORRECT YOUR DOB IN EPFO PORTAL?
INTRODUCTION:
The Employees’ Provident Fund (EPF) is a scheme governed by the Employees’ Provident Fund Organization. EPF basically aims to provide social security and offers retirement benefits.
Employee's Provident Fund comprises of the following:
1.EPF Scheme: This is an "Employees' Provident Fund Scheme" 1952, which is a retirement benefit scheme.
2. Pension Scheme(EPS): This is an "Employee's Pension Scheme" 1995, which aims to generate pension income after the specific age of an individual.
3. Insuranc Scheme (EDLI):This is an ‘Employee Deposit Linked Insurance Scheme’ 1976, which deals with coverage of life insurance.
What is the Eligibility criteria to register for Employee Provident Fund?
1. An organization having 20 or more workers/ employees are mandatorily required to register for EPF Scheme and give EPF benefit to the employees.
2.An organization with less than 20 workers/ employees can voluntarily obtain EPF registration.
3. A salaried employee earning less than INR 15,000 is also mandatorily required to obtain EPF registration.
Contribution of EPF and their Distribution of units-
A total contribution made by the employer will be distributed in the following way:
1. 33% towards Employees’ Pension Scheme (EPS); and
2. 67% toward EPF
Following additional contribution and administration cost is to be incurred by the employer, other than above 12%/ 10% contribution-
What is the procedure of registering in EPFO Portal?
If an employer needs to register his/ her employee,the employer is required to follow the below steps.
STEP 1 – Visit site https://www.epfindia.gov.in/site_en/index.php,
STEP 2 – Click the ‘Establishment Registration’ icon available on the homepage,
STEP 3 – Shram Suvidha login page will appear. Click ‘Sign Up’ if the User id and Password is not available or if available provide the same.
STEP 4 – Navigate the path Registration > Registration Under EPF-ESI,
STEP 5 – Fill up the details accurately and submit the application form.
Updation and Correction of DOB in EPFO Portal:
Employee having valid UAN, need to make sure that his or her date of birth (DOB) details are true and correct in Employees’ Provident Fund (EPF) records and also similar as mentioned in the Aadhaar database. In case of mismatch, the UAN holder may face delay in EPF withdrawal claims.
Following documents is accepted as a valid proof of the date of birth.
Procedure to Update/Correct your DOB:
Go to Members Unified Portal https://unifiedportal-mem.epfindia.gov.in/memberinterface/.
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