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Private PF Trusts Can now Get Annexure-K Online
Aiming at expediting transfer of PF accounts of employees joining firms having private PF trusts,retirement fund body EPFO has decided to make available online Annexure-K,a document which contains details of accounts,to new employers.According to a circular issued by the Employees Provident Fund Organisation (EPFO) to its field staff,Annexure-K will be provided online to private PF trusts to expedite transfer of PF accounts.The new facility will address the problems with regard to delay in transfer of PF accounts because of non-receipt and delay in receipt of Annexure K despite transfer of individual PF accumulations of new employees in time.In view of the hardship faced by these trusts and workers joining such firms, the EPFO has decided to provide the document online. At present, there are around 3,000 such trusts which would be able to access the Annuxure-K of their new employees who have claimed transfer of their EPF from the account maintained by their former employers with EPFO.
EPFO Circular on Annex K