The EPFO has given clarity by publishing an SOP in case of the death of a member and has listed all the aspects of the recipients who will be entitled and in the manner in which the claims will be settled by the PF Department.
Posted Date: 3rd August 2022
Relating to which Act: The Employees Provident Funds & Miscellaneous Provisions Act, 1952
Type: EPFO ‘s circular
Pertains to employer and employee.
Relevance of this news: Karma Management Global Consulting Solutions Pvt. Ltd has been in the business of Payroll, Outsourcing, and Regulatory Compliances from its inception in 2004 and since then, has brought in a lot of efficiencies and technological upgradations with experts on its roll, to ease the hassles of Payroll Processing, Temp Staffing On-boarding, Regulatory and Payroll compliances by providing customized solutions to all its elite clients.
Karma Management maintains the establishment and vendor compliances including payroll compliances such as PF, ESI, PT, and LWF on a regular basis, month after month, which is diligently executed by the well-trained staff on its rolls and each client whose work is being done for establishment compliances, has been given a dedicated key account owner who fulfills all the compliances promptly for these clients and in this case, one of the obligations under PF Act, to be fulfilled is to complete the procedure as laid down by the department in terms of claim settlement due to death of a member.
Subject: The EPFO has given clarity by publishing an SOP in case of death of a member and has listed all the aspects of the recipients who will be entitled and in the manner in which the claims will be settled by the PF Department.
For greater details, attached is the notification