Employees Provident Fund Organisation

(Ministry of Labour, Govt. of India)

Bhavishya Nidhi Bhawan,

14- Bhikaji Came Place, New Delhi – 110066

No. Co-ord/3(6)2011/Amendment Scheme/13637

Date 28.08.2014

To

All Additional CPFCs (Zones)

All Regional PF Commissioners

In-Charge of Regional/Sub Regional Offices

Subject : Gazette Notification on enhancement of statutory wage ceiling to ₹ 15,000/-, minimum pension of ₹ 1,000/- per month and 20% additional relief on the amount of assurance benefit admissible under EDLI Scheme, 1976  regarding. 

Sir,

Instructions were issued vide Head Office letter dated 14.07.2014 (placed at SI. No. 268 of the circular segment of the website), dated 23.07.2014 placed at Sl. No. 289 of the circular segment of the website) and dated 01.08.2014 (placed at SI. No 311 of the circular segment of the website) wherein field offices were directed to start preparatory activities pending issue of notification on the above subject.

2.    Now, the Government of India, Ministry of Labour & Employment issued notifications enhancing statutory wage ceiling from existing  Rs. 6,500/- to ₹ 15,000/-, fixing minimum pension of ₹ 1000/- per month and 20% additional relief on the amount of assurance benefit admissible under EDLI Scheme, 1976. The copies of the said notifications are enclosed herewith.

3.    All the Additional CPFCs (Zones) and all Regional PF Commissioners, In-Charge of Regional / Sub-Regional Offices are requested to ensure implementation of the said notifications in letter and spirit.

Enclosure: As above

Yours faithfully,

(P. K. Udgata)

Additional Central P. F. Commissioner-I (Compliance)

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Category : Corporate Law (3339)
Type : Featured (4134) Notifications/Circulars (29887)
Tags : EPF (223) EPFO (195) labour laws (11)

0 responses to “EPF Notification enhancing statutory wage ceiling to ₹ 15,000/-”

  1. V SHEKAR REDDY says:

    Would you please inform whether the benefit under EDLI Scheme is enhanced to 360000/-.

    Also explain the formula of calculating the benefit available to an employee under epf act 1952.

    Regards
    Shekar Reddy

  2. MukeshBThaker says:

    please let me know that what wil be the calculating formula.
    Presently–6500 X No of year of service after 1995/70.

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