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Here's how to do EPF account transfer from EPFO to employer’s EPF trust

Here's how to do EPF account transfer from EPFO to employer’s EPF trust

Zee News
Monday, March 07, 2022 06:04:15 PM UTC

Transferring EPF accounts online is possible if both employers (old and new) are able to begin transfers through a common interface.

New Delhi: Changing jobs entails not only changing offices and workloads but also transferring one's Employees' Provident Fund (EPF) account from the prior company to the new employer. But what if the new employer, unlike the prior employer, operates a private trust for the EPF earnings, rather than depositing the EPF money with the Employees' Provident Fund Organisation (EPFO)?

In such a case, what should the employee do? In this instance, would they be able to transfer money from the old EPF account to the new EPF account, from a private EPF trust and the EPFO?

The quick answer is yes! According to EPFO guidelines, an individual can easily transfer their EPF account from their prior workplace to their new employer, regardless of whether the previous or new account was/is held with trust or EPFO.

Transferring EPF accounts online is possible if both employers (old and new) are able to begin transfers through a common interface. Transfer of HoEPF account from EPFO to employer's EPF trust.

However, if the details of a certain company or trust are not available on the Member Sewa site, the employee must fill out Form 13 manually and submit it to his/her HR department.

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