Curious About the EPF Act? Share Your Questions Before My Upcoming Awareness Program

Dear members, I am scheduled to attend a Two-Day Awareness Program organized by EPFO on the 17th and 18th of May 2012 in Chennai. If you have any queries regarding the EPF Act, please post to get clarifications.

Q1: Family Pension Eligibility

If the employee does not complete five years of service, is his family entitled to a Family Pension or not?

Q2: PF Applicability for Trainees

Are Management Trainees or Trainees in the Factory subject to PF applicability?

Q3: Withdrawal Process Without Company Signature

If the company does not sign the employee's withdrawal forms, is there any alternative available to withdraw the amount? If yes, what is the process?

Q4: EDLI Nominee Eligibility

While submitting the Nomination form, the employee was single. After one year, he got married, and the next year, he passed away. In this case, who is the eligible nominee for the EDLI amount - the Nominee or the Wife?

Q5: Understanding Superannuation

What is superannuation, and how do we calculate that?

Please find the information below for your reference:

A1: Eligibility for Family Pension
If the covered employee dies while in service, his family is eligible for an appropriate pension.

A2: Trainees and the Apprentice Act 1961
If the trainees are covered under the Apprentice Act 1961 or if conditions are provided in the Certified Standing Order, there is no need for additional coverage.

A3: Withdrawal of Amount
One can withdraw the amount by getting the claim forms attested by a gazetted officer such as a Bank Manager, etc.

A4: Nomination After Marriage
Once an employee gets married, the nomination made before his marriage becomes null and void. The wife will be the only eligible nominee.

A5: Definition of Superannuation
"Superannuation" in relation to an employee who is a member of the Pension Scheme means the attainment, by the said employee, of the age of 58 years. An employee is eligible for a superannuation pension if he has rendered eligible service of 10 years or more and retires upon attaining the age of 58 years.

Regards.