Could anyone tell me if an employee can nominate his/her uncle in the PF form 2’s pension scheme. Who are all called as legal dependents in this purpose
From India, Madras
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2From India, Madras
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I have just listed below the FAQs regarding nomination under the Family Pension scheme, taken from the official website of EPFO, Chennai.
1) Is the employee the only beneficiary of the Fund?
Benefit will be paid to him/her and in his/her absence to his/her family.
2) What is meant by Family?
Family means employees' spouse and children below 25 years of age.
3) Suppose the employee does not have a Family and he/she dies before receiving the benefit. Does his/her pension get lost?
No, if he/she does not have a family, benefits will be paid to his/her nominee, who will receive the benefit in his/her absence.
4) Suppose a member has not nominated anyone?
The amount will be paid to the dependent father or dependent mother as the case may be.
5) Can a member change his/her nomination?
He/She can change his/her nomination whenever he/she decides within the framework of rules for such nomination. In other words, if he/she has a family, the nomination should be in favor of a member(s) of the family. If he/she has no family, he/she can nominate anyone he/she wishes.
K. SRINIVASAN
From India, Mumbai
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1) Is the employee the only beneficiary of the Fund?
Benefit will be paid to him/her and in his/her absence to his/her family.
2) What is meant by Family?
Family means employees' spouse and children below 25 years of age.
3) Suppose the employee does not have a Family and he/she dies before receiving the benefit. Does his/her pension get lost?
No, if he/she does not have a family, benefits will be paid to his/her nominee, who will receive the benefit in his/her absence.
4) Suppose a member has not nominated anyone?
The amount will be paid to the dependent father or dependent mother as the case may be.
5) Can a member change his/her nomination?
He/She can change his/her nomination whenever he/she decides within the framework of rules for such nomination. In other words, if he/she has a family, the nomination should be in favor of a member(s) of the family. If he/she has no family, he/she can nominate anyone he/she wishes.
K. SRINIVASAN
From India, Mumbai
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If none of the parents of the employee are alive, nor does he have a family (family - wife in case of a male member, husband in case of a female member, son & daughter), in that case, he can nominate his uncle. However, his uncle will cease to be the nominee once he marries.
From India, New Delhi
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From India, New Delhi
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If none of the parents of the employee are alive, nor does he have a family (a wife in case of a male member, a husband in case of a female member, son, and daughter), in that case, he can nominate his uncle. However, his uncle will cease to be the nominee once he marries, and his wife will then become the nominee.
From India, New Delhi
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From India, New Delhi
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If none of the parents of the employee are alive, nor does he have a family (family - wife in case of a male member, husband in case of a female member, son & daughter), in that case, he can nominate his uncle. However, his uncle will cease to be the nominee once he marries, and his wife will become the nominee.
From India, New Delhi
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From India, New Delhi
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PF & Pension Amdmt Scheme 2010 for IW.pdf