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The Employees' Provident Fund has given happy news to the employees. Henceforth, EPFO ​​members need not worry about claim settlement or any other issues. Because the Union Ministry of Labor and Employment is coming up with a new system to solve such problems.
Union Labor Minister Mansukh Mandavya said that a new IT system will be introduced in the Employees Provident Fund within the next 3 months. As a result, claim settlement and balance checks can be done easily.
What are the benefits of the new system? : There is no need to change the identity card if the member joins a new job. No need to open a new account. Making the website better for users than ever before.
All types of PF-related work from claim settlement, to balance checks can be done through the EPFO ​​portal.
Why the new system? : Many employees have complained that they are facing various problems while accessing the EPFO ​​portal. In July last year, the officials of the Employees' Provident Fund wrote a letter to the central government and complained.
All the complaints were about old software, unable to log in, and problems with request resolution.
Why is this a problem? : Currently, the IT system in which EPFO ​​operates is very weak. EPFO membership is increasing day by day. As a result, older software can't take much pressure. So a new IT system is brought in. The problem will be resolved within the next three months.
It has been revealed that the claim settlement in the new system will be auto processing mode. All pensioners get a pension on a certain date. Availability can also be checked easily. MID change is not required during a job change. Account transfer issues will also be resolved.