THIS IS A BLOG CONTAINING INFORMATION ABOUT E.P.F.O AND ITS WORKING.EPFO IS CONTINUOUSLY WORKING FOR THE WELFARE OF THE MEMBERS AND GIVING THEM BEST FACILITIES.BUT MANY MEMBERS DO NOT KNOW ABOUT THE ONLINE FACILITIES AND THE TYPE OF FORMS USED TO GET E.P.F.O FACILITIES ,WE HAVE CREATED THIS BLOG TO GIVE THE READERS ALL THE INFORMATION ABOUT THE FACILITIES GIVEN BY E.P.F.O.

Showing posts with label Rules in EPF. Show all posts
Showing posts with label Rules in EPF. Show all posts

Wednesday, 30 September 2020

DECLARATION (Form no 11) , Rules in EPF (E.P..F Act 1952)

 Declaration by persons already employed at the time of institution of the Fund 

 

Every person who is required or entitled to become a member of the Fund shall be asked forthwith by his employer to furnish and shall, on such demand, furnish to him, for communication to the Commissioner, particulars concerning himself and his nominee required for the declaration form in Form 2. Such employer shall enter the particulars in the declaration form and obtain the signature or thumb impression of the person concerned.

 

 

 Declaration by persons taking up employment after the Fund has been established

 

 The employer in relation to a [factory or other establishment] shall, before taking any person into employment, ask him to state in writing whether or not he is a member of the Fund and if he is, ask for the Account Number and/or the name and particulars of the last employer. If he is unable to furnish the Account Number, he shall, require such person to furnish and such person shall,on demand, furnish to him for communication to the Commissioner, particulars regarding himself and his nominee required for the Declaration Form. Such employer shall enter the particulars in the Declaration Form and obtain the signature or thumb impression of the person concerned .

 Provided that in the case of any such employee who has become a member of the Family Pension Fund under the Employees' Family Pension Scheme, 1971, the aforesaid Declaration Form shall also contain such particulars as are necessary to comply with the requirements of that Scheme.

 

Reference :- EPF Scheme (Act 1952) Paragraph 33&34  

Nitin Sharma 

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Nomination Form (Form no 2 ) Rules in EPF (EPF Act 1952 )

                                                              Nomination

 (1) Each P.F.  member shall make in his declaration in Form 2, a nomination conferring the right to receive the amount that may stand to his credit in the Fund in the event of his death before the amount standing to his credit has become payable, or where the amount has become payable , before payment has been made. 

 

(2) A member may in his nomination distribute the amount that may stand to his credit in the Fund amongst his nominees at his own discretion.

 

 (3)If a member has a family at the time of making a nomination, the nomination shall be in favour of one or more persons belonging to his family. Any nomination made by such member in favour of a person not belonging to his family shall be in valid.Provided that a fresh nomination shall be made by the member on his marriage and any nomination made before such marriage shall be deemed to be invalid. 

(4)If at the time of making a nomination the member has no family, the nomination may be in favour of any person or persons but if the member subsequently acquires a family, such nomination shall forthwith be deemed to be invalid and the member shall make a fresh nomination in favour of one or more persons belonging to his family.

 (4A) Where the nomination is wholly or partly in favour of a minor, the member may, for the purposes of this Scheme, appoint a major person of his family, as defined in clause (g) of paragraph 2, to be the guardian of the minor nominee in the event of the member predeceasing the nominee and the guardian so appointed:Provided that where there is no major person in the family, the member may, at his discretion, appoint any other person to be a guardian of the minor nominee.

 

 (5) A nomination made under sub-paragraph (1) may at any time be modified by a member after giving a written notice of his intention of doing in Form[2] annexed here to. If a nominee predeceases the member, the interest of the nominee shall revert to the member who may make a fresh nomination in respect of such interest. 

 

(6) A nomination or its modification shall take effect to the extent that it is valid on the date on which it is received by the Commissioner. 

 

Reference :- EPF Scheme (EPF Act 1952 ) Chapter VIII Paragraph 61.

Nitin Sharma 

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