While the Provident Fund (PF) remains one of the most beneficial financial tools for salaried employees in India, a significant percentage of the workforce still lacks proper understanding of how to manage or track their PF accounts. Many employees, especially in smaller organizations, are either unaware of their UAN (Universal Account Number) or do not check their PF statements regularly. With recent reforms in digital access and e-nomination mandates, the Employees’ Provident Fund Organisation (EPFO) is striving to bridge this gap. Delayed employer contributions, unclaimed funds, and difficulties during withdrawals continue to be common issues. Financial literacy programs and better employer-employee communication are being seen as crucial steps to maximize the benefits of this long-term savings instrument.
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