As the largest social security provider in the nation, Employees' Provident Fund Organization (EPFO) primarily promotes retirement savings with one of its main schemes being Employees' Provident Fund (EPF).
Under the EPF scheme, an employee must make a certain contribution to the scheme, and the employer makes an equivalent commitment. At retirement, the individual receives the accumulated amount that includes both their own and the employer's contribution, with interest on both.
If you are a member of EPFO, you must be aware of the term ‘Annexure-K’.
What is Annexure -K?
An EPF document known as ‘Annexure K’ is issued to an EPF member each time they move their PF money from an exempted to an unexempted establishment (or the other way around).
Annexure K is a document that contains information about the Employees' Provident Fund (EPF) account holder, including their interest-bearing accumulations, service history, dates of joining and leaving, and employment details, including previous and present MID (Member ID).
To facilitate the transfer of PF accounts, Annexure -K will be made available online to private PF trusts. The field office/trust needs this documentation in order to transfer the PF.
How to download Annexure K online?
You can download your Annexure K in PDF format using your UAN.
Step 1: Go to https://unifiedportal-mem.epfindia.gov.in/memberinterface/ to access the UAN member portal.
Step 2: Next, enter your UAN and password to access the platform.
Step 3: Next, select "Online Services" from the menu bar.
Step 4: At this point, select "Download Annexure K" from the list of "Online Services."
Step 5: There will be a list of all the PF transfer claims that have already been settled.
Step 6: Simply click the ‘download’ icon to download the Annexure K in pdf format.
The goal of implementing the EPF scheme is to encourage employees to save in order to build a sizable retirement corpus. All businesses with 20 or more employees are eligible for EPF benefits. Companies must register with the EPF Act for their employees to contribute to the EPF.