Field offices of EPFO directed to settle claims in cases of deaths within 7 days

By: |
Published: March 27, 2017 6:51:36 PM

Public Relations Officer and officials in the Facilitation Centres of EPFO have been instructed to scrutinise the claim forms received in respect of death cases and guide the claimants for submission of all required documents in one go only. An official has been specially earmarked to handle such claims.

Regional Provident Fund Commissioners have been directed to personally monitor the death cases on day-to-day basis.

The field offices of Employees’ Provident Fund Organization (EPFO) have been directed to settle claims in cases of deaths within seven days of receipt of such claims. As per paragraph 72(7) of the Employees’ Provident Funds (EPF) Scheme, 1952, the claim complete in all respects submitted along with the requisite documents shall be settled and the benefit amount paid to the beneficiaries within 20 days from the date of its receipt by the Commissioner.

Public Relations Officer and officials in the Facilitation Centres of EPFO have been instructed to scrutinise the claim forms received in respect of death cases and guide the claimants for submission of all required documents in one go only. An official has been specially earmarked to handle such claims. Regional Provident Fund Commissioners have been directed to personally monitor the death cases on day-to-day basis.

You may also watch:

This information was given by Bandaru Dattatreya, Minister of State (IC) for Labour and Employment, in a written reply to a question in Lok Sabha today.

It may be noted that recently the government has announced that they are going to amend the EPF scheme for around 4 crore members of retirement fund body EPFO to withdraw their fund up to 90 percent for making down payments while purchasing home for themselves. The amendment in the scheme will also allow the Employees’ Provident Fund Organisation subscribers to use their own EPF accounts for paying monthly installments that are EMIs of the home loans.

You may also watch:

Also, members and all pensioners of the Employees’ Pension Scheme 1995 are required to submit their Aadhaar number by 31st March 2017 for updating the Digital Life Certificate through Jeevan Pramaan Patra. Earlier the last date was 28th February 2017.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition
FinancialExpress_1x1_Imp_Desktop