Universal Account Number (UAN) is a unique identification number assigned to every employee contributing to the Employee Provident Fund (EPF) in India. The EPF is a social security and retirement benefit scheme managed by the Employees' Provident Fund Organization (EPFO) under the Ministry of Labour and Employment, Government of India. Here is a detailed explanation of the Universal Account Number and its key features:
The UAN plays a crucial role in simplifying and digitizing EPF-related services for employees. It ensures portability, convenience, and transparency in managing EPF accounts and accessing retirement benefits. Employees should keep their UAN safe and maintain regular updates to enjoy the benefits and services provided under the EPF scheme.
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