Ensure ✅ UAN Activation and Aadhaar Seeding to Avail Employment Linked Incentive (ELI) Scheme Benefits

The Ministry of Labour & Employment has issued a mandate to ensure that all eligible employees benefit from the Employment Linked Incentive (ELI) Scheme. Announced in the Union Budget 2024-25. 🔔 To comply with this directive, employers must prioritize UAN activation and Aadhaar seeding in bank accounts for their employees.

🚀 Why UAN Activation and Aadhaar Seeding Are Crucial?

🧾 Universal Account Number (UAN) Activation

Under the EPFO framework, every employee must activate their Aadhaar-linked Universal Account Number (UAN) to unlock the following benefits:

• 🕵️‍♀️ View and download PF passbooks.
• 📝 Submit online claims for withdrawals, advances, and transfers.
• 🔄 Update personal details with ease.
• 🕒 Track claim statuses in real-time.

With activating their UAN, employees gain access to EPFO’s digital services through a single window, making management of their retirement benefits simpler than ever.

💳 Direct Benefit Transfer (DBT) Compliance –

Moreover, Aadhaar-seeding with bank accounts is vital for availing benefits under DBT schemes, such as the ELI. These schemes directly transfer monetary benefits into the beneficiary’s account, ensuring faster and more efficient transactions.

🛠️ How to Activate UAN in Simple Steps ?

Employees can follow this straightforward guide to activate their UAN:

1. Visit the EPFO Member Portal.
2. Click on the “Activate UAN” link under the “Important Links” section.
3. Fill in your UAN, Aadhaar number, name, date of birth, and Aadhaar-linked mobile number.
4. Ensure your mobile number is linked to Aadhaar for uninterrupted access to digital services.
5. Agree to Aadhaar OTP verification.
6. Click “Get Authorization PIN” to receive an OTP.
7. Enter the OTP to complete the activation.
8. A password will be sent to your registered mobile number upon successful activation. 🔐

🗓️ Deadline for Compliance –

💡 Employers must ensure UAN activation and Aadhaar seeding for all employees who joined during the current financial year by 30th November 2024. To avoid disruptions, prioritize compliance starting with the latest joiners.

🔗 Contact EPFO for Assistance –

If you need guidance during this process, don’t hesitate to contact your local EPFO office. Their team is committed to helping employers and employees navigate this process efficiently.

🌟 Why Timely Action Matters?

Taking prompt action not only ensures compliance with government mandates but also guarantees that employees can enjoy the full range of benefits under the ELI Scheme. Delaying this process could hinder access to critical financial incentives.

🏆 Key Takeaways !

✅ Activate UAN to access EPFO services seamlessly.
✅ Seed Aadhaar with your bank account for uninterrupted DBT benefits.
✅ Meet the 30th November 2024 deadline to comply with the ELI Scheme requirements.

Therefore,

By adhering to these steps, employers and employees can work together to enhance financial security and access essential benefits without delays.

So, Start today, stay compliant, and unlock the benefits you deserve!