Campaign launched to enter nomination in Provident Fund Account through Employees Provident Fund

A notable campaign has been launched under the Azadi Ka Amrut Mahotsav by the Employees Provident Fund. It is for provident fund account holders to enter the names of heirs in their accounts.

According to Manoj Kumar Yadav, Commissioner, PF Regional Office, the Vadodara PF office includes five districts. PF accounts of employees working in private enterprises in Panchmahal, Dahod, Chhota Udepur, and Mahisagar districts, in addition to Vadodara, are kept here.

There are 5.75 lakh active accounts out of a total of 30.20 lakh PF holders’ accounts. Interest has just been credited to all of these accounts following the cash deposit. To keep the employees out of problems, a smooth procedure is being set up. The settlement of PF claims will be handled using a three-step online method. Employees are paid their dues in the office as well, with more claims settled than the required number.

Provident Fund account holders are entitled to a seven-lakh-rupee payment in the event of sudden death, a 2500-rupee pension for the widow, and a 450-rupee pension for up to two children. As a result, PF account holders need to be nominated, and the campaign has been carried out. Details of nominees have been filled in the accounts of thirty thousand employees in the last two months. Such details can also be filed online with an Aadhaar number.

Yadav went on to say that the employer businesses had also come up with the details of their employees’ heirs. It is important to make sure that entries are submitted by the 31st of December. Any technical assistance the companies require will be supplied.

Written by:

Shristi Chatterjee