Hi everyone, welcome to Rustic India. Today, we are going to learn about the new PF transfer rules. Actually, this rule was implemented in September 2017. But today, we are going to discuss what is this opieop transfer wrote. See, earlier, the new employee had two UN numbers and two PF accounts. Then, they had to submit PF transfer form 13, offering it to EP of regional office through the employee. However, later, the employer production organization implemented an online PF transfer process to transfer PF money from one PF account number to another PF account number or UN number to other UN number. But recently, the employee production organization made a change. They linked the UN number with PF account number. So, it is not possible to have multiple UN numbers. When an employee leaves their previous establishment and joins a new one, they don't need to submit PF transfer form 13 or apply for PF transfer in union member portal. What they have to do is, whenever they join a new company, they have to fill out the EPF composite declaration form 11. This form will be provided by their new employer. So, employees don't need to bother about that. Here, employee has to fill in their name, residential address, date of birth, gender, marital status, email address, and present employment details. They also have to mention the company in which they are currently employed. They have to provide their bank account number, IFSC code, and phone number, etc. In field number 9, they have to tick mark 'yes', in field number 10, they can click 'here' or 'no', and in field number 11, they have to mention the PF account details of their previous establishment, which includes previous PF number, previous UN number, and previous date of...
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