Thursday, August 16, 2018

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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