Central Government Departments

Enrolment of Employees’ Provident Fund Organisation

Filed under:

Eligibility to Membership:

a) Employees’ Provident Fund Scheme:

1. Every employee (including part-time workers and those employed by or through contractors) shall be entitled to become a member of the Scheme from the date of joining the factory or the other establishment. (Para 26)

2. Every excluded employee shall be entitled to become a member from the date he ceased to be such employee.

3. Every member of an exempted Provident Fund on joining establishment to which the Scheme applies.

4. Any employee who is not otherwise eligible to become member of the Scheme, on request by him and his employer.

5. Every newspaper employee other than an excluded employee shall be entitled to become member of the Fund after completion of 3 months continuous service or if he has actually worked for 60 days during 3 months or less (There is no wage ceiling in the case of newspaper employee). (Para 80)

6. Every Cine Worker other than an excluded employee shall be entitled to become a member of the Fund if he has worked in not less than three feature films with one or more producers provided his pay at the time of joining the Fund does not exceed Rs. 1600/-P.M or Rs.15,000/- per year. (Para 81)

Note: w.e.f 1-11-90 , an employee is eligible for membership from the very first date of joining a covered establishment.

b) Employees’ Pension Scheme:

1. Every employee who became member of the Employees’ Provident Fund Scheme on or after 16-11-95. (Employee who is above the age of 58 on the date of joining the Employees’ Provident Fund Scheme shall not be enrolled).

2. Every employee who is a member of Employees’ Provident Fund Scheme 1952 and who has not opted for erstwhile Employees’ family pension scheme, may also become a member if he opts for Employees’ Pension Scheme.

3. Every employee who was a member of Employees’ Provident Fund Scheme and has left service between 1-4-93 and 15-11-95 can also join the Employees’ Pension Scheme by submission of option.

Note: The Employees’ Pension Scheme membership will cease from the date the member attains 58 years of age . However, he will continue to be a member of Employees’ Provident Fund till he leaves the service and withdraws the Provident Fund accumulations.

c) Employees’ Deposit Linked Insurance Scheme:

Every employee who become member of the Employees’ Provident fund Scheme/exempted Provident Fund Scheme.

Administrative Charges

a) Employees’ Provident Fund Scheme:
1.10% of total wages on which Provident Fund is recovered subject to a minimum of Rs. 5/- shall be payable by the employer every month . Prior to 1.8.98, w.e.f. 1.8.98 .65% of total wages

b) Employees’ Pension Scheme Scheme:
No administrative charges are payable by the employer .The entire cost of administration is met by Central Government .

c) Employees’ Deposit Linked Insurance Scheme:
0.01% of the total on which the Employees’ Deposit Linked Insurance contributions recovered subject to a minimum of Rs. 2/- per month .

Inspection Charges

a) Employees’ Provident Fund Scheme:
0.18% of the total wages on which Provident Fund is recovered .

b) Employees’ Pension Scheme Scheme:
Nil .

c) Employees’ Deposit Linked Insurance Scheme:
0.005% of the total wages of the employees who are entitled to become members of the Employees’ Deposit Linked Insurance Scheme subject to a minimum of Re. 1/-

Duties of Employer

a) Employees’ Provident Fund Scheme (Para 36)and (Para 36A):

1. Enrol the eligible employees as Employees’ Provident Fund subscriber from the right date.

2. Send initial returns in Form 5A , F9(Revised) , accompanied by F2(Revised), monthly returns in F5, accompanied by F2, F10, F12A accompanied by challans and annual return in F3A accompanied by F6A.

3. To maintain the inspection note book for an inspector to record his observation.

4. Maintain such accounts in relation to the amounts contributed to the fund andby his employees.

5. To comply with all the directives issued by the Central Board for proper implementation of the scheme.

Pay to the Fund within 15 days of the close of the month both the shares of contribution and administrative charges or inspection charges .

b) Employees’ Pension Scheme Scheme (Para 20 EPS ‘95):
There is no need to furnish a separate return by the employers.
Pay to the Fund within 15 days of the month Pension Fund contributions.

c) Employees’ Deposit Linked Insurance Scheme (Para 10):
There is no need to furnish a separate return by the employers .
Pay to the Fund within 15 days of the close of the month both the contributions and Administrative charges or Inspection charges .

DO’S FOR A MEMBER:

1. While joining an establishment, furnish details of previous employment if any, with previous Provident Fund a/c number and scheme certificate.

2. In case of existing Provident Fund/ Pension a/c, apply for transfer of previous a/c number to the present a/c number.

3. Ensure that employee furnishes form with details of previous Provident Fund a/c no. to Employees’ Provident Fund Organisation.

4. Execute form-2, in details of self, nominee for Provident Fund and pension and details of family and see that it is forwarded to Employees’ Provident Fund Organisation by the employer.

5. Ensure that particulars furnished are correct in all respects.

6. Ensure that enrolment to Employees’ Provident Fund/ Employees’ Pension Scheme is done immediately on joining the establishment.

7. Provident Fund is deducted at statutory rate from the total wages i.e. basic, D.A. and retaining allowance if any.

8. If desirous of enhancing rate of contribution, inform the desire with the higher rate opted for to Employees’ Provident Fund Organisation through employer and allow employer to deduct at enhanced rate from the wages.

9. If the wages drawn is more than Rs. 6500/-, intimate your desire to contribute on the whole amount to Employees’ Provident Fund Organisation through employer. Employer can also contribute on the whole amount drawn as wages under intimation to Employees’ Provident Fund Organisation.

10. Check up periodically with the employer that contribution and other charges are paid to Employees’ Provident Fund Organisation and ensure it’s correctness by verifying the form-3A (contribution card) maintained by the employer.

DON’TS FOR A MEMBER:

1. Don’t give false clarification and incorrect particulars to Employer and Employees Provident Fund Organisation.

2. Don’t fall victim to middlemen/ agents. Employees’ Provident Fund Organization does not have any agent.

3. Don’t allow Employer to deduct his own share of contribution or administrative charges payable by him from the wages.

4. Don’t be a party to misclassified allowances, with a view to avoid payment of Provident Fund

Introduction to Directorate General of Employment and Training

The Directorate General of Employment & Training (DGE&T) in Ministry of Labour is the apex organisation for development and coordination at National level for the programmes relating to vocational training including Women's Vocational Training and Employment Services. Employment service is operated through a countrywide network of Employment Exchanges. Industrial Training

Business Developments of GAIL (India) Limited

GAIL’s business development initiatives are focused on Globalisation, Mergers and Acquisitions, Diversification and Joint Ventures. Globalisation GAIL is globalizing its business activities with the objective of exploring growth opportunities and entering new markets with major thrust on: i. Natural Gas & LPG Pipeline Transportation Projects ii. Gas Processing & NGL Fractionation Plants iii. Gas Sector

Vigilance in Housing and Urban Development Corporation Limited

Vigilance in HUDCO 1. Preventive Vigilance 2. Tenders & Contracts 3. Engineering Departments 4. Stores 5. Accounts Department 6. Personnel Department 7. Checklists for Appraisal of NGO Schemes 8. Checklist for Co-operative Housing Schemes 9. Checklist for Rural Housing Schemes 10. Checklist for Staff Housing Schemes 11. Checklist for Retail Housing

Mahavir Chakra : Indian Navy

Indian Vaccines Corporation Limited, Gurgaon Department of Bio-Technology

The Indian Vaccines Corporation Limited (IVCOL) was incorporated as a joint venture company in March 1989 to undertake research and development and manufacture of viral vaccines. Due to problems arising out of change in product mix and technology transfer the company is on hold since February, 1992. The decision

Consignment Wise Inspection of Export Inspection Council

Under the Consignment wise Inspection (CWI), each export consignment is inspected and tested by the recognised inspection agencies. Samples are drawn on the basis of statistical sampling plans inspected and tested for verifying the conformity of products to the prescribed standards. Tests are carried out in the field an/or in

Road Ahead Of Community Software Solution Framework

ICTs offer tremendous potential waiting to be tapped and exploited for the benefit of one and all. And eNRICH, being an ICT based tool to empower the rural poor is no exception. Opportunities exist to enhance the potential of eNRICH to serve the poor. However, true challenge lies in identifying the

Introduction of Data Network Circle, BSNL

A circle exclusively meant for handling various Data projects in the country is formed during the late 1980s. This circle takes care of the Data Communication related operations including the ISP Sancharnet (National Internet Backbone) activities, Inet - the National Packet Switch Exchange across 103 nodes in the

All India Services Act of Indian Forest Service

An Act to Regulate the Recruitment, and the conditions of services of persons appointed to the All India Services common to the Union and the States. Be it enacted by Parliament as follows: 1. Short title.- This Act may be called the All India Services Act, 1951.# 2. Definition.- In this Act, the

Major Operations : The Wars : Indian Army

War is a bitter medicine, to be avoided through diplomacy. But when administered, it tests a nation's sinew and its will to survive. It is just as well that China thrust a war on us at the time it did. For who knows if, a nation cocooned in complacency about

Related Articles