EPFO to sensitise employees & employers
Mysore/Mysuru: Under Azadi Ka Amrit Mahotsav launched by Central Government, the Employees’ Provident Fund Organisation (EPFO) has taken an initiative to sensitise all employees and employers to encourage for filing of e-nomination.
Nominations of such is very important for all savings and insurance schemes under EPF Scheme to get share of PF accumulations/EDLI and the pensionary benefits. Nomination is crucial in case of any calamity, that is after the death of member.
If the member has a family at the time of making a nomination, the nominations shall be in favour of one or more persons belonging to his family for EPF/EDLI Schemes and any nomination made by such member in favour of a person not belonging to his family shall be invalid.
A fresh nomination shall be made by the member on his marriage and any nomination made before such marriage shall be deemed to be invalid.
At the time of making a nomination, if the member has no family, the nomination may be in favour of any person or persons but if the member subsequently acquires a family, such nomination shall forthwith be deemed to be INVALID and the member shall make a fresh nomination.
Members may nominate their nominees any number of times through e-nomination in member portal (https://unifiedportal-mem.epfindia.qov.in/memberinterface/) and the latest nomination will be valid, according to a press release from Vinit Kumar, Regional PF Commissioner-I, Mysuru.
This post was published on September 7, 2021 6:30 pm