Could anyone tell me if an employee can nominate his/her uncle in the PF form 2’s pension scheme. Who are all called as legal dependents in this purpose
From India, Madras
From India, Madras
I have just listed below the FAQs regarding nomination under Family Pension scheme, taken from the official website of EPFO, Chennai.
1) Is employee the only beneficiary of Fund?
Benefit will be paid to him/her and in his/her absence to his/her family.
2) What is meant by Family?
Family means employees' spouse and children below 25 yrs. of age.
3) Suppose employee does not have a Family and he/she dies before receiving benefit. Does his/her pension get lost?
No, if he/she does not have a family, benefits will be paid to his/her nominee, who will receive the benefit in his/her absence.
4) Suppose member has not nominated anyone?
The amount will be paid to dependant father or dependant mother as the case may be.
5) Can member change his/her nomination?
He/She can change his/her nomination whenever he/she decide within the framework of rules for such nomination. In other words if he/she has a family, nomination should be in favour of a member(s) of the family. If he/she has no family he/she can nominate anyone he/she wishes
K.SRINIVASAN
From India, Mumbai
1) Is employee the only beneficiary of Fund?
Benefit will be paid to him/her and in his/her absence to his/her family.
2) What is meant by Family?
Family means employees' spouse and children below 25 yrs. of age.
3) Suppose employee does not have a Family and he/she dies before receiving benefit. Does his/her pension get lost?
No, if he/she does not have a family, benefits will be paid to his/her nominee, who will receive the benefit in his/her absence.
4) Suppose member has not nominated anyone?
The amount will be paid to dependant father or dependant mother as the case may be.
5) Can member change his/her nomination?
He/She can change his/her nomination whenever he/she decide within the framework of rules for such nomination. In other words if he/she has a family, nomination should be in favour of a member(s) of the family. If he/she has no family he/she can nominate anyone he/she wishes
K.SRINIVASAN
From India, Mumbai
If the none of the parents of the employee are alive nor he has a family ( FAMILY- wife in case of a male memer, Husband in case of a female member, son & daughter), in that case he can nominate his uncle. But his uncle will cease to be the nominee once he marries.
From India, New Delhi
From India, New Delhi
If none of the parents of the employee are alive nor he has a family ( FAMILY- wife in case of a male memer, Husband in case of a female member, son & daughter), in that case he can nominate his uncle. But his uncle will cease to be the nominee once he marries and his wife will become the nominee.
From India, New Delhi
From India, New Delhi
If none of the parents of the employee are alive nor he has a family ( FAMILY- wife in case of a male memer, Husband in case of a female member, son & daughter), in that case he can nominate his uncle. But his uncle will cease to be the nominee once he marries and his wife will become the nominee.
From India, New Delhi
From India, New Delhi
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