Employees’ Provident Funds Scheme, 1952 Employees’ Provident Funds Scheme, 1952 Employees’ Provident Funds Scheme, 1952
 
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Employees’ Provident Funds Scheme, 1952

 

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Employees’ Provident Funds Scheme, 1952

   
 

Notification

   
  CHAPTER I: PRELIMINARY
1.

Short title and application

2.

Definitions

   
  CHAPTER II: BOARD OF TRUSTEES, EXECUTIVE COMMITTEE AND REGIONAL COMMITTEES
3.

Election of certain members of the Executive Committee

4.

Regional Committee

5.

Terms of office

6.

Resignation

7.

Cessation and restoration of trusteeship

8.

Disqualifications for trusteeship or membership of Regional Committee

9.

Removal from trusteeship or membership of a Regional Committee

10.

Absence from India

11.

Meetings

12.

Monthly member's pension

13.

Chairman to preside at meetings

14.

Quorum

14A.

Nomination of a substitute during the absence of a trustee/member of the Central Board/Regional Committee

15.

Disposal of business

16.

Minutes of meetings

17.

Acts of a Regional Committee not invalid by reason merely of any vacancy in, or defect in the constitution, etc.

18.

Fees and allowances

   
  CHAPTER III: APPOINTMENT AND POWERS OF COMMISSIONER AND OTHER STAFF OF BOARD OF TRUSTEES
19.

Central Provident Fund Commissioner and Financial Adviser and Chief Accounts Officer

20.

Omitted

21.

Opening of regional and other offices

22.

Secretary of the Central Board or a Regional Committee

22A.

Appointment of officers and employees of the Central Board

23.

Information of appointments to the Central Board

24.

Administrative and financial powers of a Commissioner

24A.

Delegation of power by the Central Board

25.

Powers of the Central Government until the Central Board is constituted

   
  CHAPTER IV: MEMBERSHIP OF THE FUND
26.

Classes of employees entitled and required to join the fund

26A.

Retention of membership

26B.

Resolution of doubts

27.

Exemption of an employee

27A.

Exemption of a class of employees

27AA.

Terms and conditions of exemption

28.

Transfer of accumulations from existing Provident Funds

   
  CHAPTER V: CONTRIBUTIONS
29.

Contribution

30.

Payment of contributions

31.

Employer’s share not to be deducted from the members

32.

Recovery of a member’s share of contribution

32A.

Recovery of damages for default in payment of any contribution

32B.

Terms and conditions for reduction or waiver of damages

   
  CHAPTER VI: DECLARATION, CONTRIBUTION CARDS AND RETURNS
33.

Declaration by persons already employed at the time of institution of the Fund

34.

Declaration by persons taking up employment after the Fund has been established

35.

Preparation of contribution cards

36.

Duties of employers

36A.

Employer to furnish particulars of ownership

36B.

Duties of contractors

37.

Allotment of Account Numbers

38.

Mode of payment of contributions

39.

Fixation of administrative charges

40.

Contributions to be entered in the contribution card

40A.

Supply of pass books to the members

41.

Currency of contribution cards

42.

Renewal of contribution cards

43.

Submission of contribution cards to the Commissioner

44.

Custody of contribution cards

45.

Inspection of cards by members

46.

Production of cards and records for inspection by the Commission­er or Inspector

47.

Supply of cards and Forms to employers

48.

Current Account

   
  CHAPTER VII: ADMINISTRATION OF THE FUND, ACCOUNTS AND AUDIT
49.

Administration Accounts

50.

Provident Fund Account

51.

Interest Suspense Account

52.

Investment of moneys belonging to Employees’ Provident Fund

53.

Disposal of the Fund

54.

Expenses of Administration

55.

Form and manner of maintenance of accounts

56.

Audit

57.

Inter-State transfer of members

58.

Budget

59.

Member’s accounts

60.

Interest

   
  CHAPTER VIII: NOMINATIONS, PAYMENTS AND WITHDRAWALS FROM THE FUND
61.

Nomination

62.

Financing of Members’ Life Insurance Policies

63.

Conversion of policy into a paid-up one and payment of late fee, etc.

64.

Assignment of policies to the Fund

65.

Bonus on policy to be adjusted against payments made from the Fund

66.

Reassignment of policies

 

Employees’ Provident Funds Scheme, 1952

Scheme 1 - 66 | Scheme 67 - 81

 

 

 

 

 

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