The Employees’ Provident Fund Organisation (EPFO) has launched two key reforms – ‘Passbook Lite’ and online access to Annexure K, making the process simpler for its members. The ‘Passbook Lite’ will help employees quickly check their balance, while Annexure K is an important transfer certificate for those changing jobs. These changes aim to reduce hassle and grievances, improve transparency, and make access to PF details easier.
EPFO Passbook Lite: Check your complete PF details in one click
Previously, employees were required to log in to a separate portal to access their passbook and check details of their withdrawals and contributions. The introduction of Passbook Lite has made it easier for members to access this information on the EPFO Member Portal, using just one click (one login).
Benefits of Passbook Lite
- With a single login, members no longer need to switch between portals to check their details.
- The portal now provides a quick snapshot, which displays contributions, withdrawals, and the balance, making it easy to view in one place.
- There will be fewer delays as the load will be low on the old portal, providing a faster access.
- If you still want to check a full breakdown, your detailed records will still be available on the old passbook website.
How it simplifies PF transfers
Your PF accounts are transferred through Form 13 online in case you switch jobs. The previous PF office generates a Transfer Certificate (Annexure K), which is shared with the new organisation. Previously, employees had to specifically request it. Now, Annexure K can be downloaded in PDF format directly from the Member Portal.
Benefits for members
- Members can check the status of PF transfer applications online.
- You can now confirm that the service period and PF balance are currently updated in the new account.
- A permanent digital record can now be maintained for future use, especially for EPS pension calculations.
- You can now be confident as the transfer process becomes transparent.
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