Monday, October 9, 2017

EPF Auto Transfer: Composite Declaration Form (Form - 11) w.e.f Sep 2017

While changing your job, are you worried about transferring your balance from your old EPF account to your new account? Now, there is no need to take trouble to transfer the balance. With the new composite declaration form, Form-11, EPF will be automatically transferred to your new account on job change.

As a part of old process, you need to submit old Form-11(Declaration Form) and Form-13 (for PF transfer from old EPF account to you new EPF account) for offline EPF transfer on job change. Now you just need to submit new Form-11 for EPF transfer. However, there is also online facility available for EPF transfer available, in case you have not initiated EPF transfer EPF during job change.































Eligibility Criteria for Auto Transfer

To initiate auto transfer you need to satisfy below conditions - 
  • You need to be have UAN no with Aadhar seeded against it.
      
  • Aadhaar no should not only be seeded but also verified.
      
  • EPF transfer from or to non exempted establishment. 
In case you are not eligible than you need to apply for transfer as the existing procedure. You can also try using online facility, for which Aadhaar is not mandatory.

New Composite Form -11

Below is the new one page Form-11 which need to filled by the employee and hand over to your new employer. You can also download this form, from the Reference [1] at the bottom of this post.

As you see in the form (above image) you need to fill your details and provide self attested copies of supporting documents.

If you are joining from a exempted establishment like Tata Consultancy Service than you need to fill Section -12 of the form and can only transfer EPS and not EPF using Form- 11. To transfer EPF you need to submit Form-13 separately.

Process of Auto Transfer


1. When you submit the new Form-11 with supporting documents than your employer will feed these details in to the EPFO system. Since there have been cases of wrong linking of current employment of member with a UAN that does not pertain to him, it is necessary that the employer shall provide the following data -

  • UAN allotted to you (member) in the past.
  • Aadhaar no of the member.
  • Name of the member
  • Date of Birth of the member
2. The data thus submitted by the employer is validated with the information available against the UAN and in case of any discrepancy, the employer would verify/update the information provided.

3. In case, the earlier UAN was Aadhaar seeded and verified, the declaration by the employer of transfer request made by the employee in Form-11 will trigger an  auto transfer process which will transfer the accumulations against your previous PF ID to the  new PF ID. Form No. 13 is not required to be submitted in such  cases. An SMS informing the subscriber about the proposed auto-transfer will be sent on his registered mobile  number. Auto transfer will be completed only after:- 
  •  The member does not request to stop the proposed auto-transfer (either online, or  through employer or at the nearest EPFO office) within 10 days of  said SMS.  
  • The first contribution by the present employer is deposited and reconciled. 

Here is the declaration to be submitted your present employer.

4. On actual transfer of the account, communication would be sent to the member by SMS on his mobile number seeded against the UAN and by e-mail, if registered.

Related Links
How to transfer your EPF online using UAN portal
Understanding Employee Pension Scheme, EPS
How much Pension will you get on your Retirement from EPS


References
[1] Introduction of Composite Declaration Form (F-11)
[2] Revised procedure for Transfer of Accounts

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