Home India Ministry of Labour and Employment In exercise of the powers conferred by section 6A read with ...
Date: 2016-05-19 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by section 6A read with subsection 1 of Section 7 of the Employees Provident Funds and Miscellaneous Provisions Act, 1952

Issued by Ministry of Labour and Employment · Not Applicable

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

Executive Summary: This document is a notification from the Ministry of Labour and Employment, announcing the Employees' Pension Third Amendment Scheme, 2016. It further amends the Employees' Pension Scheme, 1995, and comes into force on the date of its publication (May 19, 2016). The amendment modifies the conditions for family pension benefits when a member dies before age 58 with less than ten years of eligible service. Key Points / Main Content: Amendment Overview: * The notification introduces the Employees' Pension Third Amendment Scheme, 2016. * It amends the Employees' Pension Scheme, 1995. * The amendment is effective from the date of publication in the Official Gazette (May 19, 2016). Changes to Pension Benefits (Paragraph 12): * The amendment modifies the proviso to subparagraph 8 of paragraph 12 in the principal scheme. * If a member dies before age 58 with less than ten years of service and before 36 months have elapsed without contributions: * Contributions are converted into monthly widow and children pensions. * Widow pension is calculated per Table C, and children's pension is 25% thereof (up to two children). * If there is no widow, orphan pension is payable at 75% of the widow pension amount, subject to paragraph 16. * If a member dies before age 58 with less than ten years of service after a continuous period of 36 months has elapsed without contributions, the family is entitled to benefits under paragraph 14. Impact Analysis: Employees: * Impact: Alters the conditions under which family pension benefits are payable in the event of death before age 58 with less than ten years of eligible service. * Action Required: Understand the revised conditions for family pension eligibility to ensure beneficiaries receive appropriate benefits. Pension Fund Administrators: * Impact: Requires adjustments to the calculation and disbursement of pension benefits based on the new amendment. * Action Required: Update systems and processes to comply with the amended rules for calculating and distributing widow, children, and orphan pensions. Government (Ministry of Labour and Employment): * Impact: Responsible for overseeing the implementation and compliance with the amended Employees' Pension Scheme. * Action Required: Ensure the amended scheme is effectively communicated and implemented across relevant organizations and stakeholders.

Key Entities Referenced

Ministry of Labour and Employment: The ministry responsible for the notification. New Delhi: The city where the notification was issued. Employees' Provident Funds and Miscellaneous Provisions Act, 1952: The primary legislation under which the scheme is framed. Central Government: The governing authority making the scheme amendment. Employees' Pension Scheme, 1995: The pension scheme being amended. Employees' Pension Third Amendment Scheme, 2016: The title of the amendment to the Employees' Pension Scheme, 1995. Manish Kumar Gupta: The Joint Secretary who issued the notification. Gazette of India: The official government gazette where the notification is published.
Official Source Record View Original Source →
See Full Document Text
jftLVªh laö Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99 vlk/kj.k EXTRAORDINARY Hkkx II—[k.M 3—mi&[k.M (i) PART II—Section 3—Sub-section (i) izkf/dkj ls izdkf'kr PUBLISHED BY AUTHORITY la- 358] ubZ fnYyh] c`gLifrokj] ebZ 19] 2016@oS'kk[k 29] 1938 No. 358] NEW DELHI, THURSDAY, MAY 19, 2016/VAISAKHA 29, 1938 (cid:1)(cid:1)(cid:1)(cid:1)मममम औऔऔऔरररर ररररोोोोजजजजगगगगाााारररर मममम(cid:11)(cid:11)ंं(cid:11)(cid:11)ंं ााााललललयययय अअअअििििधधधधससससचचूूचचूू ननननाााा नई (cid:4)द(cid:6) ली, 19 मई, 2016 ससससाााा....ककककाााा....ििििनननन.... 555533333333((((अअअअ))))....————क(cid:10)(cid:11)ीय सरकार, कम(cid:18)चारी भिव(cid:23) य िनिध और (cid:26)क(cid:27)ण(cid:18) उपबंध अिधिनयम, 1952 (1952 का 19) क(cid:27) धारा 7 क(cid:27) उपधारा (1) के साथ प*ठत धारा 6क -ारा (cid:26)द. त शि0त य1 का (cid:26)योग करते 4ए, कम(cid:18)चारी भिव(cid:23) य िनिध योजना, 1952 का और संशोधन करने के िलए िन6न िलिखत योजना बनाती ह,ै अथा(cid:18)त् :— 1. (1) इस योजना का संि<=त नाम कम(cid:18)चारी प(cid:10)शन (तीसरा संशोधन) योजना, 2016 ह ै। (2) ये राजप> म(cid:10) उनके (cid:26)काशन क(cid:27) तारीख को (cid:26)वृ. त होगी । 2. कम(cid:18)चारी प(cid:10)शन योजना, 1995 (िजसे इसम(cid:10) इसके प@ चात् मूल योजना कहा गया ह)ै म(cid:10), पैरा 12 म(cid:10), उपपैरा (8) के परंतुक के Cथ ान पर िन6न िलिखत परंतुक रखा जाएगा, अथा(cid:18)त् :— “परंतु य(cid:4)द सदCय इस योजना के अंतग(cid:18)त आने वाले (cid:4)कसी रोजगार को (cid:26)ा= त नहG करता ह ै और छोड़ने क(cid:27) तारीख को दस वष(cid:18) से कम क(cid:27) पा> सेवा क(cid:27) हो, परंतु vV~Bkou वष(cid:18) क(cid:27) आयु पूरी करने से पहले उसक(cid:27) मृ. य ुहो जाती है और NRrhl मास क(cid:27) िनरंतर अविध बीत जाने से पूव(cid:18) िजसके दौरान प(cid:10)शन िनिध म(cid:10) सदC य के संबंध म(cid:10) अंशदान (cid:26)ा= त नहG 4आ ह,ै उसक(cid:27) दशा म(cid:10) (cid:26)ा=त अंशदान क(cid:27) रकम मािसक िवधवा प(cid:10)शन या बाल प(cid:10)शन म(cid:10) प*रवLतत क(cid:27) जाएगी तथा ऐसी दशाN म(cid:10) िवधवा प(cid:10)शन क(cid:27) गणना सारणी ग और बाल प(cid:10)शन (cid:26). येक बालक के िलए (दो तक) उसके 25 (cid:26)ितशत म(cid:10) अिधकिथत पैमाने पर क(cid:27) जाएगी: परंतु यह और (cid:4)क य(cid:4)द कोई िवधवा नहG ह ै तो अनाथ प(cid:10)शन उस रकम के 75 (cid:26)ितशत क(cid:27) दर पर संदेय होगी, जो पैरा 16 के उपबंध1 के अOय धीन िवधवा प(cid:10)शन के Pप म(cid:10) संदये होती: पंरतु यह और भी (cid:4)क य(cid:4)द सदCय इस योजना के अंतग(cid:18)त आने वाले (cid:4)कसी रोजगार को (cid:26)ा= त नहG करता ह ैऔर छोड़ने क(cid:27) तारीख को दस वष(cid:18) से कम क(cid:27) पा> सेवा क(cid:27) हो, परंतु vV~Bkou वष(cid:18) क(cid:27) आयु पूरी करने से पहले उसक(cid:27) मृ. य ु हो जाती है, NRrhl मास क(cid:27) िनरंतर अविध बीत जाने के प@च ात् िजसके दौरान प(cid:10)शन िनिध म(cid:10) सदC य के संबंध म(cid:10) अंशदान (cid:26)ा= त नहG 4आ ह,ै तो कुटुंब पैरा 14 के अधीन (cid:26)सुिवधाN का हकदार होगा ।”। [सं. आर – 15011/2/2016-एस एस-II] मनीष कुमार गु= ता, संयु0 त सिचव 2528 GI/2016 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] (cid:14)(cid:14)(cid:14)(cid:14)टटटट(cid:16)(cid:16)(cid:16)(cid:16)पप पप णणणण ---- कम(cid:18)चारी प(cid:10)शन योजना, 1995 भारत के राजप>, असाधारण, भाग II, खंड 3, उपखंड (i) म(cid:10) सा.का.िन. 748(अ) तारीख 16 नवंबर, 1995 -ारा (cid:26)कािशत (cid:4)कया गया था और अिधसूचना संT या सा.का.िन. 440(अ) तारीख 25.04.2016 -ारा अंितम संशोधन (cid:4)कया गया । MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 19th May, 2016 G.S.R. 533(E).—In exercise of the powers conferred by section 6A read with sub-section (1) of Section 7 of the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend the Employees’ Pension Scheme, 1995, namely :— 1. (1) This Scheme may be called the Employees' Pension (Third Amendment) Scheme, 2016. (2) It shall come into force from the date of its publication in the Official Gazette. 2. In the Employees' Pension Scheme, 1995 (hereinafter referred as the principal scheme), in paragraph 12, for the proviso to sub-paragraph (8), the following proviso shall be substituted, namely:— “Provided that if the member does not take up an employment coverable under this Scheme and has rendered less than ten years eligible service on the date of exit, but dies before attaining the age of fifty-eight years and before a continuous period of thirty-six months has elapsed during which contributions have not been received in respect of the member in the Pension Fund, the amount of contributions received in his case shall be converted into a monthly widow pension or children pension and the widow pension in such cases shall be calculated at the scale laid down in Table ‘C’ and the children pension at 25 per cent thereof for each child (upto two): Provided further that if there is no widow, then the orphan pension shall be payable at the rate of 75 per cent of the amount which would have been payable as a widow pension subject to the provisions of the paragraph 16. Provided also that if the member does not take up an employment coverable under this Scheme and has rendered less than ten years eligible service on the date of exit, but dies before attaining the age of fifty-eight years after a continuous period of thirty-six months has elapsed during which contributions have not been received in respect of the member in the Pension Fund, the family shall be entitled to benefits under paragraph 14.”. [No. R-15011/2/2016-SS-II] MANISH KUMAR GUPTA, Jt. Secy. Note: The Employees’ Pension Scheme, 1995 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide notification number G.S.R. 748(E) dated 16th November, 1995 and was lastly amended vide notification number G.S.R. 440(E) dated 25.04.2016. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

Continue your research