Social Security under EPF

Ministry of Labour & Employment Social Security under EPF The following Social Security Schemes are run under the Employees’ Provident Funds &Miscellaneous Provisions Act, 1952: (i) Employees’ Provident Funds Scheme(EPF), 1952, (ii) Employees’ Pension Scheme(EPS), 1995, and (iii) Employees’ Deposit Linked Insurance Scheme (EDLI), 1976. As per the audited Balance Sheet of the EPFO, the amount paid to the beneficiaries on the said Schemes during last three years are as under: (Rs. In Crore) TOTAL AMOUNT PAID FROM EPF, EPS & EDLI SCHEMES:- Year EPF Scheme Pension Scheme EDLI Scheme Total 2008-09 12,088.39 4,790.78 48.63 16,927.80 2009-10 12,988.14 5,439.04 49.48 18,476.66 2010-11 13,928.11 5,932.70 46.51 19,907.32 This information was given by the Union Minister for Labour & Employment Shri Mallikarjun Kharge in reply to a written question in the Lok Sabha today. Share and Care For Latest Updates Always visit http://satish24k.blogspot.in For Beautiful Wallpapers Always visit http://24ksatish.blogspot.in