EPFO Rule: Big relief for PF account holders, these new instructions have been issued, they will get benefits
If overlapping dates are found in any transfer claim, the concerned regional office should not reject the claim, only in such cases clarification will be sought.
EPFO PF Transfer Claims: There is important news for the account holders and employees of the Employees Provident Fund Organization. After approving the 8.25 percent interest rate on the Employees Provident Fund for the financial year 2024-25, now EPFO has given another big relief to the employees.
EPFO has made the process of PF transfer easier. Under this, now the claim to transfer or withdraw PF money will not be rejected if there is an overlap in the service period i.e. showing job in two companies on the same day, EPFO has also issued a circular in this regard.
PF transfer claim request will not be rejected if the service period overlaps
In the circular issued by EPFO on 20 May 2025, it has been said that now the transfer claim will not be rejected just because there is an overlap in the service dates of two companies. The transfer claim should not be rejected directly due to overlapping service because sometimes it can happen due to genuine i.e. right reasons.
If overlapping dates are found in any transfer claim, then the concerned regional office does not have to reject that claim, in such cases clarification will be sought only when it is actually required to do so. The transfer office has been given the responsibility to take the process forward without returning or rejecting the claim and seek clarification only in necessary cases.
EPFO reiterated the old instructions
Reiterating the old instructions in the circular, it has been said that it is the responsibility of the transferring (source) office to check all the details and ensure that there is no mistake in the transfer. The Pension Division has also given guidelines for those employees who have more than one PF account number, so that they can get the benefit of EPS (Pension Scheme). Let us tell you that when an employee changes the job, he can transfer the balance from his old employer’s EPF account to the new employer’s EPF account, this process is called transfer claim.
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