EPFO to go online in next one and half year: Vishwanathan

Nearly four crore subscribers of Employees Provident Fund Organisation would be able to access their accounts at a click of a mouse as the EPFO plans to go online soon.

New Delhi, Sept 24: Nearly four crore subscribers of
Employees Provident Fund Organisation would be able to access
their accounts at a click of a mouse as the EPFO plans to go
online soon.

"We propose to computerise all our offices and connect
to central data base in another one and half years," Central
Provident Fund Commissioner A Vishwanathan told reporters.

Full-computerisation employees provident fund (EPF)
offices would be carried out in phased manner. The first pilot
project of business process re-engineering would be launched
in Kota, Rajasthan on October 2, he said.

This would be followed by five other offices - Bangalore,
Indore, Hyderabad, Patna and Karnal, he said.

With computerisation of a provident fund member could
submit his claim for withdrawal, settlement, transfer and many
other services to any of the offices of the EPF and the claim
would be processed online and settled quickly.

Normally, each claim has to undergo 48 steps and changes
20 hands and takes 30 days for complete processing, he said
adding with full computerisation this would be substantially
curtailed.

Every account would be updated on a monthly basis and a
account holder could check his account online, he said.

Computerisation of EPF is being carried under
'Re-Inventing EPF India' project. So far, over 29.04 lakh
records have been processed and more than 28 lakh national
social security number has been issued.

Bureau Report

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