EPFO Rule Change: EPFO has released a big update for those whose money is being deposited in PF. Let us tell you that EPFO keeps making big changes for the PF beneficiary from time to time. So that the beneficiary can easily get simple and good facilities.
Now EPFO has changed the rules of death claim in PF account. Due to which EPFO account holders are going to benefit a lot. EPFO has now released an update regarding the rule of giving money to the nominee even without Aadhaar information in case of death claim.
There are many people who die due to some reason during their job. In such a situation, whatever amount is deposited in their PF account. Its payment will now be made to the nominee’s account as per the rules.
If the beneficiary’s PF account is not linked to Aadhaar or the information given in the Aadhaar card does not match the information given in the PF account, then also the nominee will be paid.
Because in the event of the death of the beneficiary, the error in the Aadhaar card cannot be corrected. EPFO has changed the rules related to death claim in view of the difficulties faced by the nominee in getting the money.
The rules updated by EPFO are going to prove to be very beneficial. Because in case of death of the EPFO beneficiary, the information given in his Aadhaar card cannot be corrected.
In such a situation, the nominee has to face difficulties related to payment. But now according to the rules, even if there is a mistake in the information of the Aadhaar card, the amount of EPFO will be given to the nominee through the process of physical verification.
For this, the entire process of manual verification will be mandatory. Complete investigation of the nominee and permission of the regional officer will be mandatory before payment. Who will benefit from this rule The new rules issued by EPFO are going to benefit especially those people.
Whose information given in the PF account is correct but the information given in the Aadhaar card is not correct. The information given in the Aadhaar card does not match. In such a situation, payment can be made through the process of physical verification.
