What does UAN stand for in the context of EPF?

UAN stands for Universal Account Number in the context of the Employees' Provident Fund (EPF). This number is a unique 12-digit identifier assigned to each member of the EPF, serving as a crucial component in the tracking and management of contributions made by both the employee and the employer towards the provident fund. The UAN enables members to consolidate multiple EPF accounts they may have held throughout their employment journeys, thus simplifying account management and facilitating convenient access to their EPF balances and related services.

By having a Universal Account Number, EPF members can easily transfer their accounts, check their balances, and access various online services related to their provident fund. This aligns with the government initiative to digitize and streamline processes for employees, ensuring transparency and efficiency in managing retirement savings.