Over four crore subscribers of the retirement fund body EPFO would be able to access their provident fund accounts online on real time basis using a dedicated members’ web portal from October 16.

The Universal Account Number (UAN) member’s portal will help Employees’ Provident Fund Organisation’s (EPFO) to monitor whether their employers are depositing their PF contributions.he UAN members’ portal is likely to be launched by Prime Minister Narendra Modi on October 16, a senior official said adding that in the first phase the members’ accounts would be accessible and become portable for lifetime.

As the UAN will be a portable account, the formal sector workers would not have to apply for transfer of PF accounts on changing jobs.(Courtesy : Economic times)