The Employees’ Provident Fund Organisation (EPFO) has made several major changes for its members in the year 2025, aimed at making the processes easy, digital and transparent. These changes are not only convenient for the employees. But can also affect their savings and pension related matters. Let us understand these five major changes.
Updating your profile made easy
Now updating your profile in EPFO has become very simple. If your Universal Account Number (UAN) is linked to Aadhaar, then you can update information like your name, date of birth, gender, nationality, parents’ name, marital status, spouse’s name and date of joining the job online without any document. However, those whose UAN was made before 1 October 2017 may have to take approval from the company in some cases. This change will help employees save time and effort.
PF transfer process becomes faster
Transferring PF on changing jobs was earlier a complex and time-consuming process, which required the approval of the company. But from January 15, 2025, EPFO has made it easier. Now in most cases, approval of the old or new company will not be required. If your UAN is linked to Aadhaar and the details (name, date of birth, gender) match, then PF transfer will be done faster. This will maintain the management and continuity of your savings.
Centralised Pension Payment System(CPPS)
From January 1, 2025, EPFO has started the centralized pension payment system. Now the pension will be sent directly to any bank account through the NPCI platform. Earlier, for pension payment, the Pension Payment Order (PPO) had to be transferred from one regional office to another, which caused delay. Now this process is over. Also, it will be mandatory to link the new PPO with UAN, so that pensioners can easily submit digital life certificate.
Clear rules for pension on higher salary
EPFO has clarified the pension rules for those employees who want to take pension based on their higher salary. Now a uniform process will be followed for everyone. If the employee’s salary is more than the prescribed limit and they make additional contributions, they can take pension on higher salary. Companies running private trusts will also have to follow the rules of EPFO. This rule will help in increasing the pension amount.
Joint declaration process simplified
On January 16, 2025, EPFO issued new guidelines to simplify the process of Joint Declaration (JD). Now it will be easier to correct incorrect or incomplete information, which will make the claims process faster and transparent. These changes will further improve EPFO services for employees and pensioners.
