Forwarding of office memo dated 09042020 and scheme guidelines approved by ministry of labour, govt of india to implement the pmgky package. Contents chapter i preliminary chapter ii board of. The act mainly provides retirement or old age benefits, such as provident fund, superannuation pension, invalidation pension, family pension. Im a member i akaun im an employer i akaun everything about epf. The employees provident funds and miscellaneous provisions act, 1952 is. Epfo circulars employees provident fund organisation. Contribution is payable out of the employer s share of pf and no contribution is payable by employee. Rankings 2010 reported that as at 30th august 2010,the average return from. An act to provide for the law relating to a scheme of savings for employees retirement and the management of the savings for the retirement purposes and for matters incidental thereto. The employees provident funds and miscellaneous provisions act, 1952 the pf act defines basic wages as all emoluments paid in cash to an employee in accordance with the terms of their. Commissioner, deputy provident fund commissioner, regional. Employees provident fund miscellaneous provisions act.
Revised rate of interestwith regard to staff provident fund in epfo regarding hrd322012spf dated 10042020 1. The employees provident funds and miscellaneous provisions act, 1952 is enacted to provide a kind of social security to the industrial workers. Malaysian conventional equity funds for 5 years was 58. This act may be cited as the employees provident fund act 1991. However in the case of state government of manipur, employees these rules will be applicable to those who have been appointed on or before 31122004. Where immediately before this act becomes applicable to an establishment there is in existence a provident fund which is common to the employees. In exercise of the powers conferred by section 5 of the employees provident funds act, 1952 19 of 1952, the central government hereby frames the following employees provident funds scheme, 1952, namely. Present rates of contribution employees provident fund. This edition of the provident funds act, 1925 is being published in digiot. Employees provident funds and miscellaneous provisions act, 1952.