Deployment of Online System for Surrender of Exemption and Transfer of Past Accumulations – EPFO

Deployment of Online System for Surrender of Exemption and Transfer of Past Accumulations – EPFO Order dated 19.08.2024

Employees Provident Fund Organisation
(MINISTRY OF LABOUR & EMPLOYMENT, GOVERNMENT OF INDIA)
Head Office
Plate A, Ground Floor, Block Il, East Kidwai Nagar, New Delhi- 110023

File No. E.III/10(74) /2024/CDAC

Dated: 19 AUG 2024

To,

All Addl. Central Provident Fund Commissioners (Zones)
All Regional Provident Fund Commissioners/Officers-in-charge (Regions)

Subject: Deployment of Online System for Surrender of Exemption and Transfer of Past Accumulations – regarding

Madam /Sir,

The EPFO Headquarters is pleased to inform about the launch of a new online system concerning the surrender of exemption and the transfer of members’ previous accumulations. This system can be accessed through the Employer’s Login of the Unified Portal. It is designed for employers from exempted establishments to file their applications and necessary documents online, which will then be processed by the Regional Offices. The system adheres to the Standard Operating Procedure (SOP) for the Surrender of Exemption, issued on 30/10/2023 (attached copy).

Key Features of the New Online System:

• Online Submission: Employers can now submit their applications for surrender of exemption and related documents online, which replaces the previous system of physical submission.
• Automated Validation: The system conducts an initial check to validate applications, ensuring that only those which are complete are processed further.
• Real-time Status Tracking: Regional Offices can verify and update the status of applications online, allowing establishments to track progress using a tracking ID.
• Past Accumulation Upload: Employers can upload member-wise past accumulation data through their login, facilitating the smooth transfer of funds from the Trust account to the statutory fund account.
• Streamlined Fund Transfer: The system supports the transfer of funds, including governments securities, and ensures that the members’ balances are credited to their EPF accounts in the statutory fund.

Please note that this system applies only to new surrender proposals submitted after its deployment. ACC (HQ), ACC (Zones) and RC-I (OICs) are requested to ensure wide publicity of this new system among the exempted establishments within their jurisdiction.

This communication is issued with the approval of the Competent Authority.

Enclosure: As stated above.

Yours faithfully,

Sd/-
(P. Veerabhadra Swamy)
ACC (Exemption)

Source: EPFO