Besides settling claims, the EPFO makes payment to around 44 lakh pensioners every month. It is digitising its pension data for the purpose and will have a centralised data system.
The digitising of pension data work is expected to be completed in three to four months.
The official said that among other steps to make EPFO transactions paperless, the employers having account in banks other than State Bank of India would be able to pay PF dues online from September.
At present, employers having bank account in SBI, can pay PF dues online.
According to him, all this digitisation process is aimed at making EPFO services at par with core banking services provided by the banks.
EPFO is also contemplating providing permanent or universal account number to it all active members by October this year.
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