The Employees' Provident Fund Organisation (EPFO) has introduced reforms to simplify the claim settlement process for EPF members and employers.
Members will no longer be required to upload an image of the cheque leaf or attested bank passbook while filing online claims, simplifying the documentation process.
EPFO has removed the requirement of needing approval from the employer for bank account seeding with the Universal Account Number (UAN), benefiting nearly 15 lakh EPF members.
These reforms aim to introduce faster, simpler, and hassle-free claim settlements, reduce claim rejection rates, and increase the overall efficiency of the system.