Every Thing Abt PF

EPF
The Employees Provident Funds Act, 1952
As per Preamble to the Act, the EPF Act is enacted to provide for the institution of
provident funds, pension fund and deposit lined insurance fund for employees in factories and
other establishments.
The Employees Provident Funds & Miscellaneous Provisions Act is a social security
legislation to provide for provident fund, family pension and insurance to employees.
Employee has to pay contribution towards the fund. Employer also pays eual contribution.
The employee gets a lump sum amount when he retires, which will be useful to him after
retirement.
The Act covers three schemes i.e.
PF ! Provident Fund "cheme #
FPF ! Family Pension Fund "cheme #
E$%& ! Employees $eposit %in'ed &nsurance "cheme #
The EPF Act contains basic provisions in respect of applicability, eligibility, damages,
appeals, recovery etc. The three schemes formed by (entral )overnment under the Act
ma'e provisions in respect of those schemes.
Applicability of the Act:-
The Act applies to
Every establishment, which is a factory, engaged in industry specified in "chedule & to
the Act and in which *+ or more persons are employed.
Any other establishment or class of establishment employing *+ or more persons,
which may be specified by (entral )overnment by notification in official ga,ette.
(entral )overnment can also apply provisions of the Act to any establishment
employs less then *+ persons -"ection .!/#0.
Even if the provisions of PF Act are not applicable in a particular establishment, if
employer and ma1ority of employees agree, the (entral Provident Fund
(ommissioner can apply the provisions to that establishment by issuing a notification
in official )a,ette -"ection .!2#0.
3nce the provisions of Act become applicable, it continues to be applicable even if
number of employees fall below *+ -"ection .!4#0.
Coverage of Act:-
The Act has been e5tended to
Factories, Mines other than coalmines, 6otels and restaurants, Plantation of tea,
(offee, 7ubber -Tea factories in Assam have been e5cluded vide Para .!/# !a# of
EPF "cheme0.
Sanjeev Kumar (A.S.O. Executive)
aso@cjos.in
sanjeevcjos@gmail.com
1
EPF
Trading and commercial establishments, Engaged in purchase, "ale or storage of
goods, Establishments of e5porters, &mporters, Advertisers, "toc' e5changers,
(anteens, Establishments of Attorneys, (A, &(8As, Engineers and contractors,
Architects and Medical practitioners, 6ospitals, Travel agencies, 9an's doing
business only in one state, )eneral insurance, E5pert services, Establishments other
then ban's, 9uilding and construction industry, Poultry farming, :niversity, (ollege or
"chools.
The Act has be e5tended w.e.f. ..2.*++. vide on Airline owned or controlled by
)overnment, Establishment engaged in rendering cleaning and sweeping services.
3nce an establishment is covered under PF, all its departments and branches
wherever they are situated are also covered.
Other non - factory establishments covered:-
9esides factories, other establishments employing *+ or more persons can covered
under the Act. ;arious notifications have been issued e5tending the provisions of PF
Act to non<factory establishments.
"ome ma1or among them are = Plantation, Mines, (offee, 6otels and restaurants,
(inema and theatres, trading and commercial establishments, %aundry, canteens,
establishments of attorneys>(A>&(8A>Engineers>Architects>Medical practitioners,
6ospitals, Financial establishments !3ther then &F(&, :T&, &$9&, "F(#, 9uilding and
construction industry, Poultry, :niversity, (ollege, "chools, "cientific institutions etc.
Transitory provisions when Act is extended:-
&t is possible that when PF Act is e5tended to certain establishment, some PF
scheme may be already in e5istence. "uch scheme will continue and the balance
amount in such scheme to credit of the employee will be transferred to the Provident
Fund under statutory scheme of PF Act -"ection .4.
Establishment to include all departments and branches:-
8here an establishment consists of different departments or has branches, whether
situate in the same place of in different places, all such departments or branches
shall be treated as parts of the same establishment -"ection *A0.
Thus if factory is covered the head office and branches will also be covered under the
Act.
Act not applicable to certain establishments:-
As per section .?!.#, the PF Act does not apply to
Any establishment registered under (ooperative "ocieties Act or "tate %aw relating
to (ooperative societies, employing less than 4+ persons and wor'ing without paid of
power.
To any establishment belonging to or under (ontrol of (entral )overnment or "tate
)overnment and whose employees are entitled to benefit of contributory provident
fund or old age pension.
To any establishment set up under any (entral or "tate Act and whose employees
are entitled to benefit of contributory provident fund or old age pension.
Where ! Act is not applicable:-
The Pf Act is not applicable to certain establishments
Factories or establishments employing less than *+ employees. 6owever, once Act
becomes applicable, it continues to apply even if subseuently, the number is lower
than *+.
aso@cjos.in
2
EPF
9an's doing business in more than one state, (oal mines, units established under
(ooperative "ocieties Act employing less than 4+ wor'ers and wor'ing without aid of
power
3ther establishments belonging to or under control of (entral )overnment of "tate
)overnments and whose employees are entitled to benefits of contributory provident
fund or pension, Tea factories in Assam, E5emption granted by (entral )overnment
by a special notification.
Administration of the !und:-
9oth employer and employee have to pay contribution at prescribed rates. These
amounts are credited to a fund. The fund vests in and is administered by (entral
9oard.
Employees covered under the scheme:-
As per section *!f#, @employeeA means any person who is employed for wages in any
'ind of wor', manual or otherwise, in or in connection with the wor' of an
establishment, and who gets his wages directly or indirectly from the employer.
&t includes any person
Employed by or through a contractor in or in connection with the wor' of the
establishment.
Engaged as an apprentice, not being an apprentice engaged under the Apprentices
Act, .B?. or under the standing orders of the establishment.
Thus persons employed through contractor in connection with wor' of establishment
are covered.
Apprentices employed under Apprentice Act or under standing orders of
establishment are e5cluded, i.e. they are not employees. -The model standing orders
merely state that an CapprenticeD is a learner who is paid an allowance during the
period of his training0.
"on-Eligible employees under !:-
Employee whose CpayD is more than 7s. ?,4++ per month are not eligible. !&t may be
noted that limit of pay was 7s. 4,+++ up to /.
st
May *++. and 7s. /,4++ up to /+
th
"eptember B2#.
Apprentices as per certified standing orders or under Apprentices Act casual
employees.
6owever employees employed through contractors have also to be covered under
PF.
Employee to become member of !und immediately on #oining:-
Every employee employed in or in connection with wor' of a factory or establishment
to which the act applies is entitled and reuired to become member of Provident
Fund, unless he is an e5cluded employee -Para *?!.# of EPF "cheme0.
An employee who is drawing CpayD above prescribed limit !presently 7s ?,4++# can
become member with permission of Assistant PF (ommissioner, if he and his
employer agree. -Para *?!?# of EPF "cheme0.
aso@cjos.in
3
EPF
Contribution by employer and employee:-
As per section *!c# @(ontributionA means a contribution payable in respect of a
member under a scheme or the contribution payable in respect of any employee to
whom the &nsurance "cheme applies.
As per section ?, contribution shall be paid by employer E .+F of basic wages plus
dearness allowance plus retaining allowance. This amount is defined as CpayD as per
e5planation to Para *!f#!ii# of EPF "cheme.
Eual contribution is payable by employee also. This contribution can be increased
to .*F by (entral )overnment and in fact, has been increased to .*F in most of the
cases.
A person who is already a member continues to be a CmemberD even if his CpayD
e5ceeds 7s. ?,4++. 6owever, the contribution is limited to 7s. ?,4++ only -Para *?A
!*# of EPF "cheme0.
$!C is liable under Consumer rotection Act:-
The 7egional Provident Fund (ommissioner is providing service under the Act and
hence he is liable under (onsumer Protection Act.
Employees rovident !und %cheme:-
This is the scheme under the Act. 9oth employer and employee have to pay
contribution to Provident Fund. The employee has to deduct contribution of
employee from the salary of employee and has to pay both employees contribution as
well as employerDs contribution by a challan in prescribed form. The amount has to
pay in approved ban'.
Employee can pay higher contribution:-
Employee has to contribute .*>.+F of his CpayD as contribution. The employee can
voluntarily pay higher contribution above the statutory rate. 6owever, employer does
not have to match the voluntary contribution, over and above the statutory rate -Para
*?!*# of EPF "cheme0.
Contribution payable under ! %cheme:-
The Principal Employer is liable to pay contribution of his own employees as well as
employees employed through contractor.
Principal Employer can recover from contractor the amount paid by him on behalf of
contractor.
The contribution is .*F of CpayD i.e. basic wages, plus dearness allowance, cash
value of food concession and retaining allowance. (ontribution of both employer and
employee is same i.e. .*F each -Para /* of EPF "cheme0.
Employer has to pay his contribution to E!:-
6e cannot deduct his contribution from wages of the employee -Para /. of EPF
"cheme0.
6owever, he has to deduct employeeDs share from his salary and pay the same in
EPF scheme.
This deduction can be only from the wages pertaining to period for which contribution
is paid. 6owever, if there is accidental omission, the amount can be recovered later.
Amount deducted from salary of employees is held in trust by the employer or
contractor -Para /* of EPF "cheme0.
3ut of employerDs contribution of .*>.+F, the employerDs contribution of G.//F will be
diverted to Employees Pension "cheme. The balance will be retained in the EPF
"cheme.
aso@cjos.in
EPF
Thus, on retirement, the employee will get his full share plus the balance of
employerDs share retained to his credit in EPF account.
-This diversion is only w.e.f. .?
th
Hovember B4. Earlier EmployerDs contribution to their
credit will continue to remain to their credit0.
&ower contribution in certain cases:-
The employer and employeeDs contribution is .*F each. This is applicable to many
of industries and establishments. 6owever, this contribution is not applicable to
Any establishment employing less than .+ persons
'
Any establishment registered with 9oard for &ndustrial and Financial 7econstruction
!9&F7# as a sic' company.
' As per latest amendment the "o( of persons should be )*(
The lower rate of contribution continues till its net worth is positive any other
establishment, which has accumulated loss eual to, or more than its net worth is
positive.
Any other establishment, which has accumulated loss eual to or more than its
assets and has also suffered cash loss in last two years.
Iute &ndustry, 9eedi &ndustry, 9ric'e &ndustry, (oir &ndustry other than the spinning
sector, )uar gum factories. &n theses cases, the contribution is .+F.
+nterest on account:-
PF (ommissioner shall maintain account of each member of EPF scheme -Para 4B of
"cheme0.
&nterest is credited to the account of employee. The interest is calculated on monthly
running balance basis.
Amount standing to credit at end of the month is considered for calculation of interest
for the following month.
The interest rate is declared every year by (entral )overnment in consultation with
(entral 9oard of Trustees of Provident Fund -Para ?+ of EPF "cheme0.
Employees, ension %cheme
This scheme has bee<introduced w.e.f. .?
th
Hovember, B4. The "cheme is applicable
to all subscribers of EmployeesD Provident Fund. &t is also compulsory to persons, who were
subscribers as on .?
th
Hovember, B4.
Contribution:-
The employerDs contribution of G.//F will be diverted to the fund pension scheme.
Employee does not have to ma'e any contribution.
EmployerDs contribution is .*>.+F.
&n such cases, G.//F is diverted to Pension "cheme and balance ..?J>/.?JF as the
case may be, will be in credit of employeeDs name in Provident Fund account.
The G.//F is on ma5imum salary of 7s. ?,4++.
&f some employers are paying contribution on salary in e5cess of 7s. ?,4++, the
e5cess contribution will be credited to Provident Fund account and not to Pension
"cheme.
Ho separate administration charges or inspection charges are payable, as these are
already paid along with Provident Fund contribution.
aso@cjos.in
!
EPF
-enefits under the %cheme:-
Members will get pension on superannuation or retirement from service and upon
disablement during employment.
Family pension will be available to widow>widower for life to till he>she remarries.
&n addition, children will be entitled to pension, up to *4 years or their age.
&n case of orphans, pension at enhanced rate is available up on death of
widow>widower or ceasing payment of widow pension.
9enefit of pension to children or orphan is only restricted for two children>orphans.
&f the person is unmarried or has no family, pension is available to nominee for a
specified period.
Commutation of pension:-
The member can commute //.//F of the pension, so as to receive hundred times
the monthly pension so commuted as commuted value of pension. 9alance will be
paid on monthly basis.
Employees .eposit &in/ed +nsurance %cheme
The purpose of the scheme is to provide life insurance benefits to employees who are
already covered under PF>FPF. The employer has pay contribution eual to +.4+F of the
total wages of employees in addition, administrative charges of +.+.F of total wages.
-Hotification no. A3 4+/!E# dated *G
th
Iuly .BJ? issued u>s ?( !*# of PF Act0.
The employee does not contribute any amount to the scheme. The salary limit for
coverage of employees is same as that of Provident Fund.
E5emption from the scheme can be obtained from 7PF( if %&( )roup )ratuity scheme
is adopted by employer. &f e5emption is granted, only inspection charges E +.++4F are
payable to PF authorities.
-enefit to nominee of employee:-
&f an employee dies employment, his nominee of family member gets an amount
eual to average balance in the Provident Fund Account of the deceased employee
during last .* months.
&f such balance is more than 7s. /4,+++ the insurance amount payable is 7s. /4,+++
plus *4F of the amount in e5cess of 7s. /4,+++, sub1ect to overall limit of 7s. ?+,+++.
&f the employees are covered under another life insurance scheme whose benefits
are better than this scheme, an e5emption from this scheme can be obtained.
-&ncreased by 7s. /4,+++ to 7s. ?+,+++ w.e.f. ./
th
Iune *+++0.
Contribution $ate
The percentages of contributions made to PF & EPF authorities are as under.
-y all Employees .*F of 9asic wages
-y the Employer .*F of 9asic wages and ..?.F as administrative charges.
Thus company will bear an additional burden of )0(1)2 to comply with PF>EPF monthly on
the basic wages for the welfare of our employees.
Chec/ ! of %ub-Contractors:-
&s there any firm and logic way to loo' to it that sub<contractor complies with the PF
formalities.
aso@cjos.in
"
EPF
(onsider the case of a company who hires say machines engaging Bnos of employees
on contract basis. The monthly EFP challan provided by sub<contractor is of full Manpower
with him. 6ow can we ensure that the said B Employees are covered under the PF challan.
3ne way is to as' for copy of Form?A !Annual 7eturn# and monthly return on Form 4 & .+.
9ut what if the contract is given after the currency period say from April. Form /A is generally
filled up during the close of period because only good companies update them monthly but
small contractors even donDt send CHilD returns.
Apart from the annual returns in Form ?A, the employer is reuired to submit Form .*
within *4 days from the close of the month showing the aggregate of recoveries
made. Form .* contains the name of the subscriber !employee# and the PF account
number.
Form /A is again an annual statement and will not suffice your purpose.
"o you can insist on Form .* along with the PF challan to trac' PF compliance by
your sub<contractor.
+f you engage contractors3 first of all3 pleasure ensure the following
The contractor should have registered under factories act or shop & establishments
act and should carry a registration number.
6e should have e5tended E"& coverage for all his employees !whoever comes under
the purview of the act#. Kou need to get his E"& registration number.
"imilarly, PF registration number.
)et a list of companies for whom he is providing this service and try to get opinion
about this contractor from them.
Please understand that it is the responsibility of the Principal employer to ta'e care of
contract wor'ers. %aw will penali,e you on any non<compliance & you may later on
enter into your contractorDs shoes, but that is cumbersome.
&f you have finali,ed on that contractor, every month before paying his bill, get a copy
of E"& & PF remitted challan for those employees who are wor'ing in your company
and after due diligence, ma'e your payment. 3f course, this is an activity of finance.
Ket, if you enter into with a contractor who does not have registration in the above
areas, you end up in problem.
4onth wise %tatutory .eposits 5 $eturns
6anuary
9efore .4
th
P.F., P.F. (hallan
9efore *4
th
P.F Form 4, .+ & .*A!P.F#
Monthly statutory register daily>end of the month
!Monthly statutory register should be maintained#
!ebruary
"ame as Ianuary month
4arch
9efore .4
th
P.F., P.F. (hallan
9efore *4
th
P.F Form 4, .+ & .*A!P.F#
(!3 (!( Annual $eturns form 1A . 5 0A
Monthly statutory register daily>end of the month
!Monthly statutory register should be maintained#
April to .ecember
"ame as Ianuary month
aso@cjos.in
#
EPF
The following process needs to be complied with PF remittance.
Ensure remittance of PF contributions of employees and employers on or
before .4
th
of the following month for the month of salary disbursed.
Fill in 7eturn copy of Form .* and submit it to PF office along with challan
copies !mar'ed for PF office# together with the following
Form * !declaration forms in respect of newly 1oined employees#
Form 4 and Form .+
Please ensure that you submit these forms to PF office under cover letter and
have an ac'nowledged copy for you records.
%tatutory !orms
rovident !und:-
Form 4L Employees ualifying for PF for first time !Month 8ise#
Form .+ L Employees leaving the service !Month 8ise#
Form .*AL "tatement of contribution !Monthly#
Form /AL (ontribution card for specific currency period
!Employee wise#
Form ?AL Annual "tatement of contribution !(ompany 8ise#
$eclarationL 9y the employee
Form *L Homination and $eclaration
Form .BL To be used by a ma1or member of employees
Form .+(L (laiming withdrawal 9enefit>"cheme certificate
The example that showing the information of the ! Challan
The PF is total based on the 9asic, $A of the "alary of the employee the salary
structure is shown below. 9ut the salary structure must be different from one company to
another company.
&.e. The allocation of the salary slap must be different in different companies. 6ere we ta'e
one of the e5ample
articulars -asis %alary 7p to $s(
8***9-
%alary Above $s(
8**)- ):***
%alary Above ):**)
-asic ;a< 8*2 =*2 =*2
.A ;b< >*2 )82 )82
?$A ;c< )82 >*2 >*2
4edical ;d< 82 )82 -----
Conveyance ;e< 82 @2 )*2
Educational Allow( ;f< 82 >2 82
others ;g< -------- ------- )*2
!9E! Calculation for the month of 6anuary *A
"r.
no
A>( Ho. Hame "alary 9asic M
$A
EmployeeDs
"hare
Employers
"hare
Total 7ema
r's
. M6>P:H>>++. Mr. 7a1esh
Muradi
)>3***
!44F#
?,4++ JG+ JG+ .4?+
* M6>P:H>>++* Mr. A1ay pawar @3***
!44F#
2,2++ 4*G 4*G .+4?
aso@cjos.in
$
EPF
/ M6>P:H>>++/ Mr. Eugenio
$Dsou,a
):38**
!44F#
?,4++ JG+ JG+ .4?+
2 M6>P:H>>++2 Mr. ;i1ay
$eshpande
83***
!J+F#
/4++ 2*+ 2*+ G2+
4 M6>P:H>>++4 Ms. Poo1a
'apoor
A3***
!44F#
/G4+ 2?* 2?* B*2
? M6>P:H>>++? Mrs. 7ani 1oshi :38**
!44F#
4**4 ?*J ?*J .*42
J M6>P:H>>++J Mr. 7a'esh
Handen
=3***
!J+F#
*G++ //? //? ?J*
G M6>P:H>>++G Mr. $enanath
"onar
)>38**
!44F#
?,4++ JG+ JG+ .4?+
B M6>P:H>>++B Mr. Hayan
Parmar
838**
!44F#
/+*4 /?/ /?/ J*?
.+ M6>P:H>>+.+ Mr. "an1ay
Nadam
038**
!J+F#
*24+ *B2 *B2 4GG
.. M6>P:H>>+.. Mr. Mahesh
Nul'arni
13***
!44F#
//++ /B? /B? JB*
.* M6>P:H>>+.* Mr. (handra
Patil
A38**
!44F#
2.*4 2B4 2B4 BB+
./ M6>P:H>>+./ Mr. A1ay Po'ale :3***
!44F#
2B4+ 4B2 4B2 ..GG
.2 M6>P:H>>+.2 Mr. Amit Nale )*3***
!44F#
44++ ??+ ??+ ./*+
.4 M6>P:H>>+.4 Ms. $eepali
Patil
@3***
!44F#
22++ 4*G 4*G .+4?
.? M6>P:H>>+.? Mr. )a1anan
"omawar
)*3***
!44F#
44++ ??+ ??+ ./*+
.J M6>P:H>>+.J Mr. Nrishna
Panchal
13@**
!44F#
/J2+ 22B 22B GBG
.G M6>P:H>>+.G Mr. Numar Patil 83***
!J+F#
/4++ 2*+ 2*+ G2+
.B M6>P:H>>+.B Ms. Amruta
Nore
138**
!44F#
/4J4 2*B 2*B G4G
*+ M6>P:H>>+*+ Mr. ;i'as
"awant
13***
!44F#
//++ /B? /B? JB*
*. M6>P:H>>+*. Mr. Iayram
Patil
@3***
!44F#
22++ 4*G 4*G .+4?
** M6>P:H>>+** Mr. Iohn
;erges
>*3***
!44F#
?4++ JG+ JG+ .4?+
)rand Total .,GB,/++ BJ,42+ ..,J+4 ..,J+4 */2.
+
"ote: -
M6>P:H>specific codes allotted by the PF 3ffice>inter company number
according to the 1oining of the employee.
&f basic crosses ?4++ deducting PF is not mandatory it optional for the
employer. Employer can pay up to 7s. JG+>< or .*F if they prefer to.
aso@cjos.in
%
EPF
&'e em(lo)ee to*ar+s Provi+ent Fun+ (a)s 12, o- mont'l) .asic.
Employer: -
Em(lo)ee Provi+ent Fun+ 3."#, o- mont'l) .asic
EPF A/c A+ministrative c'arges 1.10, o- mont'l) .asic
Pension Fun+ $.33, o- mont'l) .asic
Em(lo)ee 1e(osit 2in3 4nsurance 0.!, o- mont'l) .asic
A+ministrative c'arges on E124 0.01, o- mont'l) .asic
Note: -
4n t'e EPF +e(osit c'allan t'e amounts are to .e mentione+ in res(ect as un+er.
A/5 6o.1 EPF 73."#, o- em(lo)er s'are 8 12, o- em(lo)ee contri.ution9
A/5 6o.2 A+ministrative c'arges 71.1, o- salar) on *'ic' EPF +e+ucte+9
A/5 6o.10 FPF 7$.33, o- em(lo)er s'are o- contri.ution9
A/5 6o.21 E124 70.!, o- salar) on *'ic' EPF +e+uctions *ere ma+e9
aso@cjos.in
1
EPF
A/5 6o.22 A+ministrative c'arges on E124 70.01, o- salar) on *'ic' EPF
+e+uctions *ere ma+e9.
&otal amount is to .e +e(osite+ t'roug' single c'allan in :ua+ru(licate in State
;an3 o- 4n+ia or State ;an3 o- Patiala or ;an3 aut'ori<e+ in t'is .e'al- o- EPF
aut'orities.
;an3 *ill 3ee( t*o co(es an+ return to co(ies as recei(t. One o- t'e a.ove .an3
recei(ts is to .e attac'e+ *it' EPF mont'l) return on Form 12A an+ to .e su.mitte+
*it' o--ice o- =egional Provi+ent Fun+ commissioner o- )our area.
>ont'l) returns are to .e su.mitte+ on Form 12A an+ !/10. Annual returns are
on Form 3A an+ "A.
&'e em(lo)ee to*ar+s Provi+ent Fun+ (a)s 12, o- mont'l) .asic.
Employer: -
Em(lo)ee Provi+ent Fun+ 3."#, o- mont'l) .asic
EPF A/c A+ministrative c'arges 1.1, o- mont'l) .asic
Pension Fun+ $.33, o- mont'l) .asic
Em(lo)ee 1e(osit 2in3 4nsurance 0.!, o- mont'l) .asic
A+ministrative c'arges on E124 0.01, o- mont'l) .asic
aso@cjos.in
1
EPF
Form 12A Statement of contribution (Monthly)
aso@cjos.in
1
EPF
Form 5 Employees ualifyin! for "F for first time (Monthly)
aso@cjos.in
1
EPF
Form 1# Employees lea$in! the ser$ice (Month %ise)
aso@cjos.in
1
EPF
Form &A 'ontribution car( for specific currency perio(
(Employee )ise)
aso@cjos.in
1
EPF
Form 2: Nomination an( *eclaration
aso@cjos.in
1
EPF
Form 1& Applications for +ransfer of E"F Account
aso@cjos.in
1
EPF
aso@cjos.in
1
EPF
For trans-erring PF? )ou 'ave to su.mit Form 13 to t'e concerne+ regional PF o--ice
an+ get t'e ac3no*le+gement. Once )ou su.mit Form 13 t'e) *ill ta3e action *it'in
"0 to %0 +a)s. 4F )ou *ant? )ou can go an+ c'ec3 *it' )ou grou( Section Su(ervisor
a.out t'e trans-er.
Employees "ro$i(ent Fun( Form No,1# ' - Form 1.
4nstructions -or a mem.er *'ile sen+ing a((lication to Em(lo)ees Provi+ent
Fun+ Organi<ation.
/eneral: -
@se t'e a((ro(riate -orm -or claming Provi+ent Fun+ Pension? Ait'+ra*al
.ene-it/sc'eme certi-icate? an+ Em(lo)ees 1e(osit 2in3e+ 4nsurance .ene-it. As
given .elo*B C
Form 1%B &o claim -inal settlement o- Provi+ent Fun+ .) a mem.er.
Form 20B &o claim Provi+ent Fun+ .) nominee/legal 'eir on +eat' o- t'e
+ecease+ mem.er.
Form 10C1B &o claim (ension. (4n +u(licateB i- *it'in state? in tri(licateB i-
ot'er state)
Form 10C5B &o claim *it'+ra*al .ene-it/sc'eme certi-icate un+er Em(lo)ees
Provi+ent Fun+ Sc'eme %!.
Form !4FB &o claim assurance .ene-it un+er Em(lo)ees 1e(osit 2in3e+
4nsurance nominee/legal 'eir o- a mem.er.
Form 31B &o claim tem(orar) *it'+ra*al/a+vance un+er Em(lo)ees
Provi+ent Fun+ sc'eme !2.
Form 13B &o e--ect trans-er o- Provi+ent Fun+/Pension -rom one A/c to
anot'er.
Form No,1# ' - Form 1.
Ensure t'at all columns o- t'e a((lication are -ille+ com(letel).
4n-ormation in t'e a((lication -orm relating to name? a/c no. S'oul+ agree *it'
t'e +etails availa.le *it' Em(lo)eeDs Provi+ent Fun+ organi<ationE *'ic'
*ere -urnis'e+ .) t'e em(lo)er at t'e time o- enrolling to Provi+ent Fun+.
A((lication s'oul+ .e signe+ .) t'e mem.er/claimant.
&'e -ormer em(lo)er s'oul+ attest it. 4n case attestation .) t'e -ormer
em(lo)er is not (ossi.le? an) ot'er aut'ori<e+ o--icial s(eci-ie+ *it'
a((lication -orm s'oul+ .e atteste+ it.
A((lication -or -inal settlement can .e sent .) a mem.er on com(letion o- 2
mont's -rom t'e +ate o- leaving service? i- t'e reason -or leaving service is
ot'er t'an su(erannuation? me+ical groun+? retrenc'ment an+ F.=.S./Female
mem.er getting marrie+ etc.
1esire+ mo+e o- (a)ment can .e given legi.l)? i- t'e amount involve+ is more
t'an =s. 2000/C t'e amount *ill sent .) +e(osit in (a)eeDs .an3 a/c. &o
-acilitate t'is? ;an3 a/c no.? name an+ a++ress o- t'e .an3 s'oul+ .e -urnis'e+.
An a+vance stam(e+ recei(t s'oul+ also accom(an) t'is a((lication.
aso@cjos.in
1
EPF
A((lication ma) .e su((orte+ .) return Form 10? s'o*ing t'e +etails o-
leaving service an+ +etails o- contri.ution -or t'e )ear in Form 3A? i- not sent
earlier .) t'e em(lo)er. (&'is *ill .e ta3en care .) t'e concerne+ em(lo)er)
4n Form 105? in t'e -irst serial? t'ere are t*o o(tions t'e 1
st
one is 6ame o- t'e
mem.er an+ t'e 2
n+
one is name o- t'e claimant7s9? so *e 'ave to -ill onl) t'e
name o- t'e mem.er column an+ *rite 6.A. in (lace o- t'e name o- t'e
claimant7s9 column (4- t'e a((lication is ma+e .) t'e em(lo)ees 'imsel-)?
(lease clari-) *'et'er 4Dm rig't.
4n Form 105? in t'e nint' serial (Particulars o- Famil))? t'ere are t*o o(tions
t'e 1
st
one is -amil) mem.ers an+ t'e 2
n+
one is nominee? so *'at +o *e nee+
to -ill u( at t'ose columns.
aso@cjos.in
2
EPF
*ata in the Form must be complete(:-
Ensure t'at all columns o- t'e a((lication are -ille+ com(letel).
4n-ormation in t'e a((lication -orm relating to name? a/c no. s'oul+ agree *it'
t'e Em(lo)ees Provi+ent Fun+ Organi<ation? *'ic' *ere -urnis'e+ .) t'e
em(lo)ee enrolling to Provi+ent Fun+.
A((lication s'oul+ .e signe+ .) t'e mem.er/claimant.
&'e -ormer em(lo)er s'oul+ attest it. 4n case attestation .) t'e -ormer
em(lo)er (ossi.le? it s'oul+ .e got atteste+ .) an) ot'er aut'ori<e+ o--icial
s(eci-ie+.
A mem.er on com(letion o- 2 mont's leaving service can sen+ a((lication -or
-inal settlement. 4- t'e reason -or leaving service is ot'er t'an su(erannuation?
mem.er retrenc'ment an+ F.=.S/ Female mem.ers getting marrie+ etc.
1esire+ mo+e o- (a)ment can .e given legi.l)? i- t'e amount involve+ is more
t'an t'e amount *ill sent .) +e(osit in (a)eeDs .an3 a/c. &o -acilitate t'is?
;an3 a/c no t'e .an3 s'oul+ .e -urnis'e+. An a+vance stam(e+ recei(t s'oul+
also accom(lis'.
A((lication ma) .e su((orte+ .) t'e return Form 10? s'o*ing t'e +etails o-
leaving? +etails o- contri.ution -or t'e )ear in Form 3A? i- not sent earlier .)
t'e em(lo)er.
Specific a((itional re0uirements
*eath 'ases:-
6ominee/legal 'eir s'oul+ a((l) in Form 20/Form 10C1/Form !4F.
4- t'e mem.er 'as not execute+ an) nomination? a((lication s'oul+ .e su((ort
-amil) mem.ers issue+ .) em(lo)er/revenue o--icial/s*orn in an a--i+avit .)
t'e certi-icate -rom a court o- la*.
1eat' certi-icate o- t'e mem.er.
5erti-icate o- t'e em(lo)er stating *'et'er t'e +eat' *as *'ile in service o-
t'e mem.er.
"ension 'ases:-
Goint ('otogra(' o- mem.er/s(ouse or t'e claimant s'oul+ accom(an) t'e
a((lication.
O(tion -or return o- ca(ital/commutation s'oul+ .e s(eci-ie+ clearl).
1etails o- nonCcontri.utor) (erio+ +uring t'e service. Aages/salar) -or last 12
mont's accom(an)? i- not alrea+) sent.
1etails o- t'e .ranc' o- t'e s(eci-ie+ .an3 ma) .e given legi.l).
1ate o- .irt' certi-icates o- c'il+ren.
4n case o- +eat' a*a) -rom service? an un+erta3ing .) t'e claimant to t'e
e--ect not *or3ing/ 'a+ not *or3e+ in an) ot'er covere+ esta.lis'ment a-ter
exit -rom t'e .asis o- *'ic' (ension is .eing claime+.
aso@cjos.in
2
EPF
Some 1mportant points re!ar(in! the )ith(ra)al of the "F Amount
=egar+ing *it'+ra*al o- PF? )ou 'ave to *it'+ra* t'e -orms -rom an) PF
O--ice an+ -ill t'ese u( an+ sen+ to t'e res(ective em(lo)ers.
&'e Em(lo)ee 8 Em(lo)erDs contri.ution columns *ill leave .lan3. &'e
same *ill .e -ille+ u( .) t'e em(lo)ers an+ signe+ .) t'eir aut'ori<e+
signator) an+ +e(osite+ to t'e res(ective PF o--ice.
Aell? in t'e sai+ -orms? t'ere is one column? as3ing t'e mo+e o- (a)ment. 4t
*oul+ .e (re-era.le i- )ou c'oose t'e o(tion o- trans-erring )our PF amount
+irectl) to )our .an3 account. &'e transaction is sa-e an+ -ast.
A-ter =esignation em(lo)ee can -inall) 'ave mone) a-ter 3 mont's -rom t'e
+ate o- resignation an+ -or t'e same PF -orm nee+ to .e su.mitte+ to PF o--ice
onl) a-ter 2 mont's -rom t'e +ate o- resignation.
For obtainin! the Employer2s co(e you are re0uire( to submit the follo)in!
information )ith respecti$e office of 3"F':
(3e!ional "ro$i(ent Fun( 'ommissioner of your area)
5overage (ro-orma.
2ist o- em(lo)eeDs along *it' t'eir salaries.
=egistration un+er S'o( 8 5ommercial Esta.lis'ment Act.
>emoran+um 8 article o- Association.
5erti-icate o- 4ncor(oration un+er 5om(anies Act.
2ist o- 1irectors.
;an3 account +etails o- )our com(an) (55 account num.er)
Pan 6um.er issue+ to )our com(an) .) 4ncome tax Aut'orities.
"F 4etter format
0%/01/0#
&o?
&'e P.F. 5ommissioner?
Provi+ent Fun+ O--ice?
Holi.ar >ai+an?
Pune.
aso@cjos.in
2
EPF
=e-B C Est. 6o. >I/P@6/JJJ.
Su.B C Su.missions o- +ocuments
=es(ecte+ Sir?
Please -in+ enclose+ 'ere*it' t'e -ollo*ing returns
1. Form 6o.! -or 1ecem.er 200"
2. Form 6o.10 -or 1ecem.er 200"
3. Form 6o.2
Please ac3no*le+ge t'e recei(t
&'an3ing )ou.
For A;5 2t+.?
=.=. >ura+i
O--icerCI=
1ateB 0$/03/200#
&o?
&'e P.F. 5ommissioner?
Provi+ent Fun+ O--ice?
Holi.ar >ai+an?
Pune.
=e-B C Est. 6o. >I/P@6/JJ.
Su.B C Su.mission o- revise+ =eturn -or t'e (erio+ o- 200C200! 8 200!C200".
aso@cjos.in
2
EPF
=es(ecte+ Sir?
Please -in+ enclose+ 'ere*it' t'e revise+ "CA along *it' reconciliation -or t'e (erio+
o- 200C200! 8 200!C200" 8 also su.mitting t'e so-t co() -or t'e same. &'ere-ore
re:ueste+ to )ou 3in+l) ma3e t'e necessar) corrections at )ou en+ 8 issue account
sli( at earliest o- our em(lo)ees.
&'an3ing )our coo(eration?
For A;5 2t+.?
=.=. >ura+i
O--icerCI=
Enclose+B C As a.ove
+he 'he0ue
1ateB 1/11/0#
"ay Employees "ro$i(ent Fun( Account No,1
3upess55555555555555555
%E6 S1+ES 7F "F
***.e(-in+ia.com
***.e(-in+ia.gov.in
***.e(-in+ia.org
aso@cjos.in
2

Every Thing Abt PF

Hochgeladen von

Dokumentinformationen

Originalbeschreibung:

Copyright

Verfügbare Formate

Dieses Dokument teilen

Dokument teilen oder einbetten

Freigabeoptionen

Stufen Sie dieses Dokument als nützlich ein?

Sind diese Inhalte unangemessen?

Copyright:

Verfügbare Formate

Every Thing Abt PF

Hochgeladen von

Copyright:

Verfügbare Formate

EPF

The Employees Provident Funds Act, 1952

Das könnte Ihnen auch gefallen