Insolvency N Gst Professional
Korgaonkar K A

Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
I m new on this. I have question. If employee is married and made his parents nominee for PF, gratuity, and insurance in IT company. Then after his death the widow can claim for which amount.
And wife can get at least what common death benefits from employer.

From India
In this scenario, the PF, Gratuity and Insurance are payable based on the legal heir obtained before the Civil adjudication. Management has to deposit the amount payable, before the controlling authority for disbursement.
From India, Madras
If employer made payment to parents than in this situation who wife can ask to her in-laws to share the amount to his wife and kid.
From India
I am Ashwani, I have query about EPS, i was starting my job in April 2008 and in May 2015 i was switch in new company in May 2015 it self and then again i was move on another second company in January 2016, and now from januray 2016 to till date i am working in third company, and every time when i change the job i have transferd my PF amount now my total job period is 10Year and 1Month, can someone suggest me how can i see my complete information about EPS, is there any option to transferd my all previous company EPS amount in my exisitng PF account ?
Please help me and suggest me some way.

From India, undefined
If u have ur uan no . connect ur PF and aadhar with uan. Then check ur epassbook from uan portal to check ur all previous PF and EPs detail. Or u may direct ask ur current employer if u r working, to mail ur all PF and EPs amount detail.
From India
If an employer pays Gratuity amount to father and mother as per the nomination of the deceased, knowing that the deceased was a married person, then the action of the Management can be questioned. Whenever any employee get married, his wife becomes nominee for all legal purpose. The claim of father and mother to be claimed on the basis of legal certificate and to approached before the appropriate authority.
From India, Madras
But employee can make nominee any member of his family mother/father/wife. These all comes into family. Then how I raise question on management.
From India
Employee can mention his choice as nominee, but only when an untoward sudden incident like this happens the problem comes as all claimants ( stating themselves to be legal heirs) would come into picture.
As such Management has to be a bit cautious while filling up or taking the nominee details. And also hold such claims in the interest of the actual beneficiary if ambiguity exists.
Best option now available is suggest out of the way to the parents to give the share to widow.

From India, Hyderabad
Venkata, employer already made payment in Karnataka state. His parents belong to west Bengal and I m from UP state. I m living with my parents in UP and his parents and employer are not communicating by phone also.
His patents had intension to have all money. And employer don't want to envolve in this matter after payment. Now I have only one option is succession certificate.
Please let me know, could I get succession certificate from UP high court, even my husband died in Karnataka where we residing in rented flat. And don't have any relative in my in-laws city in west Bengal.

From India
Nominee means a person who holds the estate/money on behalf of all entitled persons.As such parents cannot claim money as their own and deny entitled members as Per Hindu law.Secondly when a member acquires family
Rules for nomination under EPF scheme 1952
Member has to give the names of Spouse and all children in the prescribed Form.
In case the member has no family, one person can be nominated.
However, such nomination will become invalid once the member acquires a family

From India, Pune

This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2020 Cite.Co™