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    The document summarizes three key acts related to employee benefits in India: 1) The Employees Provident Fund Act of 1952 which established a fund to provide benefits to employees of covered companies upon retirement or death. 2) The Personnel Pension Scheme of 1995 which provides pensions for retiring or permanently disabled employees of covered organizations. 3) The Employees' Deposit-Linked Insurance Scheme of 1976 which provides insurance benefits for employees of covered institutions who die while employed. The Employees Provident Fund Act applies to every industry or factory listed in Schedule 1 of the Act that employs 20 or more people.

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    The document summarizes three key acts related to employee benefits in India: 1) The Employees Provident Fund Act of 1952 which established a fund to provide benefits to employees of covered companies upon retirement or death. 2) The Personnel Pension Scheme of 1995 which provides pensions for retiring or permanently disabled employees of covered organizations. 3) The Employees' Deposit-Linked Insurance Scheme of 1976 which provides insurance benefits for employees of covered institutions who die while employed. The Employees Provident Fund Act applies to every industry or factory listed in Schedule 1 of the Act that employs 20 or more people.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    3 views1 page

    A

    Uploaded by

    Tanisha Sharma
    The document summarizes three key acts related to employee benefits in India: 1) The Employees Provident Fund Act of 1952 which established a fund to provide benefits to employees of covered companies upon retirement or death. 2) The Personnel Pension Scheme of 1995 which provides pensions for retiring or permanently disabled employees of covered organizations. 3) The Employees' Deposit-Linked Insurance Scheme of 1976 which provides insurance benefits for employees of covered institutions who die while employed. The Employees Provident Fund Act applies to every industry or factory listed in Schedule 1 of the Act that employs 20 or more people.

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    © All Rights Reserved
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    a) Employees provident fund act, 1952- The EPF scheme was created by using the action to

    support a collection of employees or an employee, or their criminal heirs, the occasion of


    death, who worked for a company that this act applies to after they retire.

    b) Personnel pension scheme, 1995- The personnel pension scheme was formed by the act
    to provide pensions to the workers or employees of any status quo to which the act applies if
    the worker retires, becomes fully and permanently incapacitated, or beds.

    c) Employees' deposit-related coverage scheme, 1976- The act created for the employees of
    a formation or magnificence of institutions to which the act applies. The employees' deposit-
    linked coverage scheme will provide coverage benefits should they die even as employed.
    This act was exceeded in 1976.
    Applicability of the schemes.

    The employees' provident fund was formed in 1952 by the miscellaneous provisions act and
    employees' provident fund, a piece of regulation implied throughout the country. The act
    applies to every industry or factory indexed in schedule 1 of the action that employs 20 or
    greater humans,

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