Hello Auditor

What if EPF account is credited less than expected?

Possible Reasons for Lower Credit.

  • The employer may have delayed or underpaid the monthly contribution.
  • Contributions might have been calculated on a reduced basic wage.
  • Interest may not have been updated yet for the financial year.
  • Employer’s share toward pension (EPS) is not shown in the EPF balance.
  • Errors in data entry or technical glitches could result in partial credit.

Steps to Verify the Issue.

  • Compare the monthly deductions shown in your salary slip with your EPF passbook.
  • Check if the latest contribution reflects both employee and employer shares.
  • Confirm whether interest for the year has been posted to your account.
  • Review previous months to ensure that no entries are missing.
  • Note the exact discrepancy amount and the period it relates to.

Employer’s Role in Correction.

  • Report the issue to your HR or payroll department for internal verification.
  • Ask the employer to confirm the monthly remittance and contribution report.
  • The employer can submit a revised ECR if a short payment has occurred.
  • Delayed contributions may reflect in the passbook after some time.
  • Ensure the UAN is correctly linked to your employment record.

When to Escalate the Matter.

  • If the discrepancy is not resolved within a reasonable time.
  • If your employer is unresponsive or denies short payment.
  • If regular deductions are shown in your salary but not credited in EPF.
  • You may escalate the issue to the concerned regional EPF office.
  • A formal complaint can be filed with complete details and supporting documents.

Important Points to Monitor.

  • Keep a monthly record of your salary slips and EPF credits.
  • Ensure your KYC details are updated to avoid processing errors.
  • Track the annual interest posting typically done after the financial year end.
  • Regularly access your EPF passbook to catch discrepancies early.

Follow up until the correction is reflected in your passbook balance.

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