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EMPLOYEES PENSION SCHEME

1995

Related Legislation: - PF Act, 1952

DEFINITIONS


2(1) Act The Employees' Provident funds and Miscellaneous Provisions Act, 1952 (19 of 1952)
2(2) Actual service The aggregate of periods of service rendered from the 16th November, 1995 or from the date of joining any establishment whichever is later to the date of exit from the employment of the establishment covered under the Act
2(3) Commissioner A Commissioner for Employees' Provident Funds appointed under Section 5-D of the Act
2(4) Contributory service The period of actual service rendered by a member for which the contributions to the fund have been received or are receivable
2(5) Eligible member An employee who is eligible to join the Employees' Pension Scheme
2(6) Existing Member An existing employee who is a member of the Employees' Family Pension Scheme, 1971
2(7) Family (i) wife in the case of male member of the employees' Pension Fund;

(ii) husband in the case of a female member of the employees' Pension Fund; and

(iii) sons and daughters of a member of the Employees' Pension Fund;

Explanation.-The expression 'sons' and 'daughters' shall include children legally adopted by the member.
2(8) Pension The pension payable under the employees' Pension Scheme and also includes the family pension admissible and payable under the Employees' Family Pension Scheme, 1971 immediately preceding the commencement of the employees' Pension Scheme, 1995 with effect from the 16th November, 1995
2(9) Member An employee who becomes a member of the employees' Pension Fund in accordance with the provisions of this Scheme

Explanation.-An employee shall cease to be the member of Pension Fund from the date of attaining 58 years of age or from the date of vesting admissible benefits under the Scheme, whichever is earlier.
2(10) Non-Contributory Service Non-Contributory Service is The period of actual service rendered by a member for which no contribution to the employees' Pension Fund has been received or are receivable.
2(11) Orphan A person, none of whose parents is alive
2(12) Past service The period of service rendered by an existing member from the date of joining employees' Family Pension Fund till the 15th November, 1995
2(13) Pay Basic wages, with dearness allowance, retaining allowance and cash value of food concessions admissible, if any
2(14) Pension Fund The Employees' pension Fund set up under sub-section (2) of Section 6-A of the Act
2(15) Pensionable service The service rendered by the member for which contributions have been received or are receivable
2(16) Permanent total disablement Such disablement of permanent nature as incapacitates an employee for all work which he/she was capable of perfroming at the time of disablement, regardless whether such disablement is sustained in the course of employment or otherwise
2(17) Table Table appended to this Scheme
2(18) Words and Expressions The words and expressions defined in the Act but not defined in this Scheme shall have the same meaning as assigned to them in the Act.