Saturday, May 03, 2008

Provident Fund Act_Practicle Problems_12

Suppose an employee does not have a Family and he/she dies before receiving benefit. Does his/her pension get lost?

No, if he/she does not have a family, benefits will be paid to his/her nominee, who will receive the benefit in his/her absence.

Provident Fund Act_Practicle Problems_11

What is meant by Family under the PF Act ?

Family means employees' spouse and children below 25 years of age.