UAN - Decoding the Full Form of This Payroll Acronym
By Claude
August 16, 2023
In the world of payroll and HR, you may often come across the acronym UAN mentioned in documents and reports. But what exactly does UAN represent?
UAN stands for "Universal Account Number". It is a unique 12-digit number allotted to each employee who is a member of the Employees' Provident Fund Organisation (EPFO).
Here's a closer look at what this payroll term means:
Universal Account Number - This is the full form of the acronym UAN. As the name signifies, it is a unified number that remains constant for an employee.
Allotted by EPFO - The UAN is randomly generated and assigned to EPFO members upon joining an establishment.
Links all Member IDs - The UAN links the separate PF Member IDs allotted to an employee upon changing jobs.
Portable throughout career - Being unified and portable, the UAN stays with the employee throughout their career across multiple jobs.
Enables easy PF transfer - Portability of the UAN has enabled seamless PF transfer between companies upon job changes.
Mandated since 2014 - UAN was made mandatory for all EPFO members by the body in 2014 for easier tracking and portability.
So in essence, UAN refers to the Universal Account Number - a unique life-long identification allotted to each PF member for seamless payroll processing.
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