EPFO members should file e-nomination for EPS to provide Social Security to their families. The scheme is provided by the Employees’ Provident Fund Organisation (EPFO) and ensures that employees receive a pension once they attain the age of 58 years old.
EPFO in a tweet has said that the account holders will be able to add nominees through the e-nomination facility even after 31 December as well. (There is no due date as earlier it was 31.12.2021)
According to EFPO, one should file e-Nomination because it helps in getting Provident Fund (PF), Pension (EPS) and Insurance (EDLI) benefits easily member’s death and also facilitate nominee to file online claims.
Please follow these quick Steps:
- Step 1 Visit EPFO website >>Click on Services >> For Employees
Click ‘Member UAN/Online Service (OCS/OTCP).
- Step 2 Login with UAN and Password. If password forget, please reset password.
- Step 3 Select E—Nomination under ‘Manage Tab.
- Step 4 Provide details Tab will appear on the screen. Click ‘Save ‘.
- Step 5 Click ‘Yes’ to update Family Declaration.
- Step 6: Click Add Family Details. (More Than one nominee can be added)
- Step 7 Click ‘Nomination Details to declare the total amount of share. Click ‘Save EPF Nomination’.
- Step 8 Check ‘E-sign’ to generate OTP. Submit ‘OTP’ send on 8 mobile numbers linked with Aadhaar e-nomination is now registered with EPFO. After e-nomination, no need to send any document to the employer or ex-employer.
- An EPFO subscriber can submit EPF, EPS nomination digitally by logging in at the EPFO website — www.epfindia.gov.in
- Employees who are enrolled in the EPF scheme will automatically be enrolled in the EPS scheme.
- The EPS balance can be checked on the EPFO portal with the help of the Universal Account Number (UAN).
- Benefit of the EPS is paid to the employee and in his or her absence, to the family of the employee.
- An employee is entitled to receive pension only after completion of minimum 10 years of eligible service.
Disclaimer: Every effort has been made to avoid errors or omissions in this material. In spite of this, errors may creep in. Any mistake, error or discrepancy noted may be brought to our notice which shall be taken care of in the next edition. In no event the author shall be liable for any direct, indirect, special or incidental damage resulting from or arising out of or in connection with the use of this information.