EPFO receives close to 1 crore applications manually for various settlements
Nearly four crore members of retirement fund body Employees’ Provident Fund Organisation (EPFO) will soon be able to settle their claims like EPF withdrawal through mobile application UMANG.
“The EPFO is developing online claims settlement process by receiving application online,” Labour Minister Bandaru Dattatreya said in a written reply to the Lok Sabha.
The minister also said, “The application will be integrated with Unified Mobile App for new-age governance, (UMANG) App, to receive the claims online. However, the timeframe to roll out the same has not been finalised.”
The EPFO receives close to 1 crore applications manually for settlement of EPF withdrawals, pension fixation or getting group insurance benefit by the deceased.
A senior official said over 110 regional offices of the EPFO out of 123 field formations have already been connected with the central server. The official explained that it is a technical requirement for connecting all regional offices with the central server for rolling out the facility.
Earlier in February this year, EPFO Central Provident Fund Commissioner had said, “The process of connecting all field offices with a central server is going on. We may introduce the facility for online submission of all types of applications and claims like EPF withdrawal and pension settlement by May this year.”
The EPFO has an ambitious plan to settle the claims within a few hours after filing of the application. For instance, it has plans to settle the EPF withdrawal claim within three hours of the filing. (readmore…)