18 C
London
Monday, May 23, 2022

EPFO News: After the death of PF account holder, wife and children will get pension facility! Know all its rules

- Advertisement -spot_imgspot_img
- Advertisement -spot_imgspot_img


EPFO Family Pension Rules: A part of the salary of the person working in every organized sector is deducted as PF. This part is deposited in the account of Employees Provident Fund Organization. 12 percent of the basic salary of every employed person will be deposited in this account. The same contribution is made by the company as well.

Out of this 12 percent share, 8.33 percent will be deposited in EPS. Its purpose will be that when the employee retires, then he should get this money as a pension. Along with this, let us tell you that if an employee dies, then his family i.e. wife / husband and children are given family pension by EPF every month.

EPFO gave information by tweeting
Let us tell you that the Employees’ Provident Fund Organization (EPFO), while giving information on the matter, has said that in the event of the death of an account holder under the EPS95 scheme, his family i.e. his wife and children will get family pension. meets.

Wife and children get this much pension
Let us tell you that after the death of the account holder through EPF95, his family (wife or husband) gets a monthly pension of at least Rs 1,000. Along with this, if the PF account holder is not married, then the PF nominee continues to get pension for life. On the other hand, if both the wife and the husband have died, then in such a situation, the children of the account holder also get the facility of pension through EPF. The children get 25 percent of the pension received by the wife. Only two children can get this pension.

read this also-

Driving License Rules: Big change in the rules for making driving license! Now your DL will be like this

Saving Account: Now this private bank has made a big change in the interest rates of the savings account, know what will be the benefit to the customers

,

- Advertisement -spot_imgspot_img
Latest news
- Advertisement -spot_img
Related news
- Advertisement -spot_img