Now get your pension anywhere in the country! EPFO’s new rules end the hassle of rejection of PF claim.

EPFO System New Centralized IT Portal Will Reduce PF Claim Rejections: A very good news has emerged for crores of members of the Employees Provident Fund Organization. Labor and Employment Minister Mansukh Mandaviya said that EPFO ​​has created a new centralized IT system. With its implementation, all records of members of all regional and field offices are now in a single national database. Now any member can easily apply by visiting any EPFO ​​office in the country and get the service immediately.

With the advent of this new technical system, the chances of rejection of PF claim will be much less than before. For the first time, the work of auto-processing of EPF annual interest is being done very fast through this new system. EPF interest at the rate of 8.25 percent for the financial year 2025-26 will be sent to about 34 crore accounts by July 15. Earlier this entire process used to take a long time till October or November, but now this process has become completely automated.

Claims will be settled immediately

According to the new rules, under auto settlement of claims up to Rs 5 lakh, the money will now be transferred to the bank account on the same day. In case of final PF settlement, interest will now be calculated completely till the date of payment authorization which will directly benefit. Earlier this calculation was done only till the last day of the previous month due to which the employees had to suffer some financial loss due to interest. With this new and modern system, a total interest of more than Rs 1.44 lakh crore will reach all the accounts by July 15.

Elderly pensioners got great facilities

This big change has also brought huge relief to EPS pensioners, because now they will be able to avail services from any PF office. they their life certificate You can deposit in any office and withdraw pension in your bank account anywhere in the country.

Earlier they used to get pension only from that particular branch office where their pension payment order was officially linked completely. With this new and better system, elderly pensioners will be freed from the huge hassle of visiting their old office again and again.

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There will be automatic transfer of PF accounts

All those with UAN linked to Aadhaar on changing job pf accounts Now the transfer will be completely automatic without any hassle. Along with this, the service history of the employee will also be automatically transferred, due to which his service period will remain continuous for pension eligibility.

Earlier, changing jobs required a lot of approval from the EPFO ​​office with the previous and new employer, which was a very lengthy process. To transfer service history, members had to make a separate claim, but now all this has become very easy on the portal.