Dear Samagata,
If the employee works for more than 10 years before cessation of employment then
he will be eligible for monthly pension.
In case of permanent and total disablement during the service he/she shall be
entitled to pension subject to a minimum of Rs. 250 per month. The monthly
member’s pension in such cases shall be payable from the date following the date of
permanent total disablement and shall be tenable for the lifetime of the member.
In case of death of a member of the scheme, pension to the family shall be
admissible from the date of the death of the member.
In case of cessation /termination of employment the employee may withdraw the
entire Provident Fund.
In case of his death Provident Fund will be payable to his nominees. In case no
nomination subsists, or if the nomination relates only to a part of the amount
standing to his credit in the Fund, the whole amount or the part thereof to which the
nomination does not relate, as the case may be, shall become payable to the
members of his family in equal shares.
On permanent and total incapacity for work due to bodily or mental infirmity, a
member may withdraw the full amount standing to his credit.
Hope this may help you.