Understanding EPF Contributions: How Do EDLI, PF, and Pension Funds Add Up?

EPF Total Funding Scheme Inquiry

Could you please tell me about the total funding scheme of the EPF, which includes EDLI, PF, pension fund, and government contribution? I just want to know the contribution of each.

Regards,
Vikas

PF Contribution Breakdown

Generally, the PF contribution is 12% each from the employee and employer. Out of the employer's 12%, 8.33% will go to the Pension Fund, and the balance will go to the PF. Additionally, the Central government will contribute 1.16% to the pension fund.

For the Employees' Deposit Linked Insurance (EDLI), the employer has to contribute 0.5%. Moreover, the employer has to pay administration charges at 1.1% and 0.01% to PF and EDLI, respectively. If they do not remit to the PF, inspection charges at 0.18% and 0.05% are payable.

Regards,
Abbas. P. S

Thank you very much for your reply. I have learned that the total funding in EPF is 25.61%. Could you please provide me with a breakdown for the same?

Regards,
Vikas

Hi, please find attached the calculation sheet for EPF bifurcation.

Thanks,
Bijay

If the contribution is 25.61%, the breakdown will be 12% (employee) + 12% (employer) + 1.1% (admin charge) + 0.5% (EDLI). But what about the EDLI admin charge?

Abbas.P.S

If I withdraw the PF, what amount should I get? If anyone could highlight this with an example, I would be grateful.

Regards,
Prdip Das

12 (employee on total salary) + 12 (employer) + 1.1 (admin charges) + 0.01 (inspection charges) + 0.5 (EDLI) = 25.61 ... tadda!!

1. 12% by the employee of the total salary, account no. 1.
2. Out of the employer's 12%, 8.33% goes to pension fund account no. 10 (that is calculated on total pension wages, i.e., the maximum amount is Rs. 6500), and the rest 3.67% goes to the provident fund account 1 (i.e., actually equals to 12% from the employee - 8.33% of that goes to the pension fund).
3. Administration charges 1.1% in account no. 2.
4. Inspection charges 0.01% in account no. 22.
5. EDLIS 0.5% in account no. 21.

I'll attach a file soon for better understanding.

Dear sir, your above quote is true, but this will need a slight modification, which I am going to make. I hope you don't mind.

EPF Contribution Breakdown

A/C 1: 12% (employee share) + 3.67% (employer share) of the EPF salary.

A/C 2: 1.1% of EPF salary.

A/C 10: 8.33% of EPS salary (deduction on pension salary, whose ceiling is Rs. 6500/- pm).

A/C 21: 0.5% of EDLI salary (ceiling is up to Rs. 6500/-).

A/C 22: 0.01% of EDLI salary (ceiling is up to Rs. 6500/-).

Thanks & Regards,

Sumit Kumar Saxena

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