1. The Employees Provident Funds
and Miscellaneous Provisions
Act, 1952.

2. The Employees The Employees
The Employees’ Deposit Linked
Provident Fund
Pension Insurance
Scheme, 4th
Scheme, 1995. Scheme,1976
march,1952.

3.  Compulsion:
• Members of Family Pension Scheme 1971
• Provident Fund Act 1995.
 Option:
• Only the Provident Fund subscribers
• Those covered under the voluntary
retirement scheme (w.e.f 1-4-1993).

4. Service less than 10yrs
Minimum 10yrs of Eligible to pensionary
Pension on
service and pension benefits OR claim
discounted rate at the
payable at the age of returns of
age of 50yrs.
58yrs. contribution/withdrawal
benefits

5. Superannuation at the age of 58yrs.
 Retirement.
 Permanent total disablement.
 Death during service.
 Children pension.
 Orphan pension.
Administration
Administered under the tripartite central board of
trustee set up under the act.

6. Employer contributing Consolidated report Employees leaving
8.33% of the within 3 months to service, report shall be
employees pay RPFC sent to RPFC within
towards EPF during 15days of preceding
last 15days. month.
Implementation of Obligations Submit a statement
direction issued by of every contractor
of within last 7days of
Central Board Employers every month.
Particulars of
employee & his family Ensurity of collection
Furnish & intimate
if not a member of of particulars of the
RPFC within 15days
EPF in his previous employees and his
about their
employment. family.
branches, dept., direct
ors, owners, managers
etc.

7.  Furnish particulars about himself and his
family.
 Medical tests prescribed by the central
board for benefits on permanent
disablement.
 Refund contribution along with interest
Exemption
The central government may exempt an
establishment subject to the condition
mentioned in the annexed schedule.

8. Applicability
 Both exempted and unexempted member
employee of the Employees’ Provident Fund
Act 1952.
Exemption
 If the majority of the employee favoring other
beneficial insurance scheme approved by
government.
 Under sec-17 2A central government has the
power to grant exemption.

9.  Liable to pay penalties with the 37% of the
arrears laid by the Regional Commissioner-
RC, if the amount is not paid by later half of
each month- 5days grace period.
Legal actions
 Section 14 of this act
 Section 406/409 of the I.P.C
 Sued for revenue under revenue recovery act.