1 day ago

How Employees Can Check Monthly PF Deposits and Missing Contributions

Is your employer depositing PF every month? How to check, what to do if they are not? · livemint.com

Your employer may take PF money from your salary, but that does not automatically prove it has been deposited.

Employers are supposed to send the money to the Employees’ Provident Fund Organisation within 15 days after each month ends.

You can check this by logging into the EPFO member portal with your Universal Account Number.

The EPF passbook shows your contribution, your employer’s contribution and, where applicable, the pension contribution.

Compare these entries with your salary slips every few months.

Deposits may take some time to appear, so check after the normal processing period.

If money is still missing, first speak with your employer’s payroll or human resources department.

You can also file a grievance with EPFO or submit a written complaint to PF authorities.

Delayed deposits can lead to interest and penalties for the employer, while members are entitled to the applicable interest on their contributions.

Key facts

Deposit deadline: Within 15 days of the close of each month.
Checking method: Log in to the EPFO Member Passbook service using an activated UAN.
Passbook details: Employee contribution, employer contribution and applicable EPS contribution.
Other access option: EPFO services, including Passbook Lite, are available through the UMANG app.
If deposits are missing: Contact payroll or HR, then consider filing an EPFIGMS grievance or written complaint with PF authorities.
Employer consequences: Delayed deposits can attract penal interest under Section 7Q and penal damages under Section 14B.
EPF interest rate: The article states the current rate is 8.25% per annum for the current financial year, with interest credited annually.

livemint.com · 1 day ago