Understanding Superannuation in the Employees Provident Fund Act: Can You Help?

Dear All,

Kindly help me understand the term "SUPERANNUATION" in the context of the Employees Provident Fund and Miscellaneous Provisions Act, 1952.

I would appreciate an urgent response.

Regards,
Narsingh Shukla

Dear Peer Saab,

Thank you for your quick response, but this is basically in terms of benefits. My question is whether this term belongs with respect to the Employee Provident Fund and Miscellaneous Act, 1952? Please reply to this.

With best regards,
Narsingh Shukla

What are the provisions to be made for superannuation, and what is the rate? Do we have to make any provisions every month? Please specify.

Could someone provide full details of a Superannuation Fund? How is superannuation calculated? When do employees receive benefits?