New Delhi: If your PF is getting deducted, then this news is very useful for you, because EPFO has made such a rule, if not followed, the account holders may have to suffer some loss.
EPFO has made it necessary for all PF account holders to make a nominee. Failure to do so may result in huge loss to the PF account holders. This exercise of EPFO is to provide security to the dependents of PF account holders.
If something untoward happens to the PF account holders, then keeping the dependents as the nominee will give them benefits like insurance and pension. Keeping this in mind, EPFO has made it necessary to make a nominee.
According to EPFO, the deadline has been fixed as December 31, 2021. EPFO has also given the facility that the account holder can change the nominee as many times as he wants.
Make your nominee like this
- First of all open the official website of EPFO.
- Now you have to login with the help of UAN and Password.
- Go to the manage section and click on the link e-nomination.
- Now submit the name of the nominee, photo and other details.
- To add more than one nominee, click on the Add New button.
- The process gets completed as soon as you click on Save Family Details.
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