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2. Definitions.- In this Scheme, unless the context otherwise requires:-

(a) “Act” means the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952).

(b) “assurance benefit” means a payment linked to the average balance in the Provident Fund Account of an employee, payable to a person belonging to his family or otherwise entitled to it in the event of death of the employee while being a member of the Fund.

(c) all other words and expressions used herein but not defined shall have the meaning respectively assigned to them in the Act or the Employees’ Provident Funds Scheme, 1952.

 

 

 

 

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