The nominee can take advantage of the Provident Fund, Pension (EPS-Pension) and EDLI insurance scheme by filling the e-nomination sitting at home on the death of the employee.
There is news of big work for Employees Provident Fund Organization ie EPFO employees. It is necessary for the account holders to make e-nomination in the PF account. Soon fill the e-nomination form and take advantage of insurance, pension and PF up to 7 lakhs. If an EPFO member dies, the nominee can claim the life insurance amount. This insurance, which is available to the same PF account holders, can be claimed only during the job, it will not benefit after retirement.
EPFO has informed by giving a message through Twitter that now account holders can apply online for e-nomination themselves. EPFO wrote on its Twitter handle, members fill e-nomination today for the social security of their family with these easy steps. The special thing is that account holders filling PF under EPFO can link their UAN number and Aadhaar card through UMANG mobile app. Many government services are available at one place on UMANG or Unified Mobile Application.
Actually, EPFO subscribers get a free life insurance cover of Rs 7 lakh. This facility of cover is available under the Employee Deposit Linked Insurance Scheme (EDLI). In this scheme, a maximum insurance cover of Rs 7 lakh is paid to the nominee. Government employees as well as employees of private companies also get this free benefit of up to Rs 7 lakh. Provident fund, pension (EPS-Pension) and EDLI insurance by filling e-nomination sitting at home on the death of the nominee employee. can take advantage of the scheme.
If the EPF member has died prematurely, then his/her nominee or heir can claim for the insurance cover. If the age of the claimant is less than 18 years, then his guardian can make the claim on his behalf. For this, the insurance company will have to provide the death certificate of the employee, succession certificate, certificate of the guardian applying on behalf of the minor nominee and bank details. At present, 12 percent of the basic salary of the employee is deposited in EPF. The employer also deposits 12 per cent but it is deposited in two parts. The company deposits 3.67 percent amount in EPF and 8.33 percent in EPS.
Under the 0.5 percent contribution deposited by the company in EDLI, the nominee of PPF subscribers gets an insurance cover of up to Rs 7 lakh. The special thing is that no employee has to make any contribution for this. , rather it is necessary to fill an e-nomination form. Recently EPFO also tweeted that from July 2021 to September 2021, 9,21,231 EPF members have filled the nomination forms. To ensure social security for their family and nominee. File your EPF and EPS nomination today.
How to do e-nomination in EPF / EPS
- First of all go to the official website of EPFO https://www.epfindia.gov.in/. Click on ‘Services’ option and under that click on ‘For Employees’ option.
- You will be redirected to a new page, then click on ‘Member UAN/Online Service’ option. Select E-Nomination under Manage Tab, by doing this the Provide Details tab will appear on the screen, then click on Save.
- Now click on Yes for family declaration, then click on Add family details. Here for total amount share click on Nomination Details, then click on Save EPF Nomination.
- Next click on E-sign to generate OTP, now enter OTP on registered mobile number linked in Aadhaar. By doing this, your e-nomination gets registered with EPFO.
This is how you can link Aadhaar with UN from Play Store
- Download the UMANG app from Google Play Store or Apple iOS and click on the EPFO link.
- Go to eKYC Services, select the Aadhar Seeding option and enter your UAN Number.
- OTP will come on the registered number and after that Aadhaar will be linked with UAN number.
Link Aadhaar-PF account with EPFO website
- Go to the online service section of the EPFO website www.epfindia.gov.in.
- Now by visiting the eKYC portal link, OTP will come on the mobile number registered on the linked UAN basis.
- After OTP verification, another OTP will come after your Aadhaar number.
- After this, after verification i.e. if your UAN details match with Aadhaar, then the process of UAN-Aadhaar linking will be completed.
Link Aadhaar to UAN
- Go to the office and fill the ‘Aadhaar Seeding Application’ form and enter UAN, Aadhaar related details along with other details.
- Attach self-attested copies of PAN, Aadhaar and UAN. Submit the filled form at any field office of EPFO or Common Service Center (CSC).
- On completion of verification, Aadhaar will be linked with PF account. With the linking of Aadhaar and UAN, a confirmation message will be sent to your registered mobile number.
Members should file e-Nomination today to provide #SocialSecurity to their families. Follow these easy steps to file EPF/EPS nomination #digitally. #SocialSecurity #EPF #PF #EDLI #Pension #ईपीएफओ #ईपीएफ pic.twitter.com/4GcFlmLmGE
— EPFO (@socialepfo) October 25, 2021
