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.
Saturday, May 03, 2008
Provident Fund Act_Practicle Problems_12
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.
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