05-December-2016 14:44 IST
Press Information Bureau,
Government of India,
Ministry of Labour & Employment
Gap between PF accounts and contribution
The total number of Employees’ Provident Fund (EPF) member accounts as on 31.03.2016, as per Annual Report for 2015-16, is 17.14 crore. On an average, contributions have been received in respect of 3.76 crore members during the year 2015-16. Reasons for this gap are as under:-
(i) The members after switching over from one covered establishment to another, especially, those employed in seasonal establishments and contractor workers, do not withdraw or get their balance transferred to the new Provident Fund (PF) account resulting in multiple accounts.
(ii) It is not statutorily mandated for members to withdraw the accumulations after they are no longer in employment.
The total number of EPF member accounts as on 31.03.2016, as per Annual Report for 2015-16, is 17.14 crore. Further, there is no dormant account in Employees’ Provident Fund (EPF). However, as per para 72(6) of the Employees’ Provident Funds Scheme, 1952, certain amounts are classified as ‘Inoperative Accounts’ in which contributions have not been received for 36 months continuously. All such Inoperative Accounts have, however, definite claimants.
The State/UT-wise details of accounts/ members is enlisted.
The total number of members (on an average) whose contributions have been received during the last three years are as under:-
2013-14 : 3.26 crore
2014-15 : 3.49 crore
2015-16 : 3.76 crore
State/UT-wise details of average contributing members as on 31.03.2016 is enlisted.
ESTABLISHMENTS AND MEMBERS – STATE/UT-WISE (AS ON 31-03-2016)
*UEX – UNEXEMPTED
** EX – EXEMPTED
|Average contributing members as on 31.03.2016 (State/UT-wise)|
|Andhra Pradesh (including Telangana)||32,92,532|
|Gujarat (includes Daman & Diu and Dadra & Nagar Haveli)||24,97,819|
|Kerala (including Lakshadweep)||10,07,328|
|States of Assam, Arunachal Pradesh, Tripura, Meghalaya, Nagaland, Manipur & Mizoram (North- Eastern Region)||2,86,388|
|Punjab (including Chandigarh)||9,88,938|
|Tamil Nadu (including Puducherry)||45,27,430|
|West Bengal (including Sikkim and Andaman & Nicobar Islands)||24,82,614|
This information was given by Shri Bandaru Dattatreya, the Minister of State (IC) for Labour and Employment, in reply to a question in Lok Sabha today.