InvestorQ : I am planning to change jobs. How can I transfer my PF account from my current organization to the one I join next?
leah Diaz made post

I am planning to change jobs. How can I transfer my PF account from my current organization to the one I join next?

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Ayushi Kampani answered.
1 year ago
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Congrats on your job switch! Hope you climb new ladders of success in your new job.

While employees had to previously transfer their PF accounts manually by taking the help of their organisation’s HR and accounts teams, now the main PF body – EPFO – is testing the automation of EPF transfer.

While the process is still being tested on a pilot basis, it is expected that the process will be rolled out some time next year.

So, as soon as your employer files for your monthly EPF return, the PF balance from your previous employer will be automatically transferred using the UAN.

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image
Ayushi Kampani answered.
1 year ago
Follow

Congrats on your job switch! Hope you climb new ladders of success in your new job.

While employees had to previously transfer their PF accounts manually by taking the help of their organisation’s HR and accounts teams, now the main PF body – EPFO – is testing the automation of EPF transfer.

While the process is still being tested on a pilot basis, it is expected that the process will be rolled out some time next year.

So, as soon as your employer files for your monthly EPF return, the PF balance from your previous employer will be automatically transferred using the UAN.

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