New Delhi, Aug 6 (KNN) The Employees Provident Fund Organisation (EPFO) has settled more than 11 lakh claims during July 2014. This has taken the cumulative total during this financial year to 43 lakh claims, according to their statement.

Of the 43 lakh claims, more than 68 per cent were settled in less than 10 days.

Besides, the EPFO also updated 92 per cent of the annual accounts due for the year 2013-14.

"This achievement is unprecedented and has happened for the first time in the last 30 years," EPFO said.

EPFO has recently issued Universal PF Account Numbers for 4.17 crore contributing members.

They have been made available to the employers who in turn have to seed the numbers with KYC details such as bank account, PAN and Aadhaar.

As per latest progress review, more than 30 lakh (KYC) data has been seeded so far. EPFO has set September 15 as deadline for completing this task. These 4.17 crore UANs are expected to be operational by October-15.

It was also stated that social security agreements have been notified with respect to two more countries -- Finland and Sweden. The agreements are operationalised from August-1.

Under the agreement, employees who are deputed for short term assignments are exempted from making social security contributions in the country in which they are deputed provided they carry Certificate of Coverage (CoC).

Facilities also exist for totalization and portability of social security benefits. (KNN/SD)