Corporate Lawyer: Who can claim EPF amount after death of an empl...

Corporate Lawyer: Who can claim EPF amount after death of an empl...: Employee Provident Fund amount is paid to the nominee that was nominated at the time of initiation of the account. If there was no nominee ...

Who can claim EPF amount after death of an employee - Talk to Top Labour Lawyer - 9962999008

Employee Provident Fund amount is paid to the nominee that was nominated at the time of initiation of the account. If there was no nominee assigned then the EPF amount is paid to the immediate members of the family. If the family members and the nominee are not applicable for the account then the legal heir can claim the EPF amount. Firstly you should checked the Nomination form knows which family member's has been nominated there then after that you can proceed for further.


Following are the guidelines for the same. -For unmarried employees, claimant can be the parents of the employee only -For married employees, claimant can only be the spouse and kids (up to three) below the age of 25 years -Each claimant is paid the equal proportion of the total calculated amount for both PF and Pension Fund -Provident Fund amount is paid in one time. However, Pension Fund is divided into equal monthly installments -All the funds gets transferred to the claimants through NEFT -All claimant's bank accounts should be with the same bank

Documents required to claim PF in the given situation are as mentioned below: -Employee's Death Certificate -List of Family Members of the Employee/ Family Chart -Duly filled and signed attached forms - Composite Form 20/Form 10 D/Form- 5 IF (1 or 2 copies ) -Joint photograph of all the claimants -Employee's ID Proof -Each claimant's (parent and spouse) ID Proof -Birth Certificate for the kids of the employee - Death Certificate - Joint photograph of all the claimants -Scheme Certificate (if applicable) -For verification of bank accounts, a copy of cancelled cheque or attested copy of first page of bank Pass Book. **Please make a note that All death case claims submitted by spouse or nominee or legal heirs of EPF members be invariably settled within a period of seven days from date of submission of claim form in concerned field office where the deceased members accounts are being maintained. Encl: Composite Claim Form in Death Cases [Form-20 (PF Payment)/Form-10-D (Pension)/ Form - 5 IF (EDLI)] 

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Procedure for withdrawal of EPF amount of the death person - Top labour Lawyer - 9962999008

A lot of EPF accounts are lying unclaimed after the death of an employee. Families have no idea how to claim for the EPF money and what is the process?

Today I will share with you how your family will be able to withdraw the EPF account money in case something happens to you.

How to claim EPF money after death of employee?

Once a person is dead, the beneficiaries of the dead employee can proceed with the process of withdrawing the EPF money. The first right is of the nominee who was mentioned in the EPF by the account holder. Mostly it’s a father or mother as most of the people are unmarried when they start their careers and they mention one of the parents as nominee.

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Here are the documents one need to submit

1	EPF Composite Form	The first form is called Composite form for death cases, which is a single form to be filled to claim EPF, Insurance money and any pension amount.
2	Death Certificate	You need to provide the death certificate of the EPF account holder who had died.
3	Birth certificate of children claiming pension	If there are children of the deceased who are claiming the EPF, they need to provide the birth certificate for each of them
4	Joint photograph of claimants	One has to provide a joint photograph of all the claimants together. This is to make sure that there is no fraud in the name of claimants.
5	Copy of cancelled cheque or attested copy of first page of bank Pass Book	To make sure there is a proof of the account where money is is going, one has to provide the copy of cancelled cheque or first page of bank passbook
6	EPS Scheme certificate (only if applicable)	This is a certificate which is a document which has all the details of who will get the pension etc after the death of a member . It’s issued by EPFO and this is applicable only when there is a pension part applicable.

How to Claim PF Amount of the death person - Top Labour Lawyer - 9962999008

EPF is a retirement savings scheme subscribed by all employees in the country wherein they contribute 12% of their basic salary and dearness allowance each month. The employer also is mandated to contribute a similar portion to the employee's fund. While guidelines for the EPF account redemption or transfer are stipulated by the EPFO, there can also be a case when the subscriber or the EPF account holder dies and the family members are then left in a lurch on how to get the proceeds from the account. So, here we will help you out with the procedure to make the claim in case the subscriber of the EPF account dies:

On death of the EPF member, nominee made at the time of initiation of the account can apply for the claim. But, in case if the nominee happens to be a minor then his or her guardian will be eligible to make the claim. Else if no valid nomination exists then family member(s) of the deceased can make the claim with complete details in respect of surviving family members as on the date of death of the member. If both the above are not applicable then in such a case legal heir supported by a legal heir ship certificate can make the claim.

Other documents needed -Death certificate of the deceased EPF account holder -In case of more than one claimant, a joint photograph of all the claimants together has to be given to avoid any fraud - If the deceased has children who are making the claim then birth of certificate of each of them has to be given - First page of the passbook or cancelled cheque of the bank account in which you wish to get the EPF money credited - In case if the pension component is applicable towards the EPF account then the claimant has to submit the EPFO issued - EPS Scheme certificate which provides details of the beneficiary who will be eligible to receive pension amount etc after the death of the subscriber.

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