Dear Sir\\Madam Please say that what is procedure of pf pension and in the death case of employee who is the eligible(parents,wife and children) for his dues like pf pension etc . Regards Naresh
From India, Chandigarh
12From India, Chandigarh
In death case of employee, death certificate and legal heirship certificate issued by the Govt Revenue department are to be obtained by the legal heirs of the deceased employee. PF accumulations are divided equally among all the legal heirs. The payments are made to the individual bank account of the dependents on any bank.
But pension amount is payable only to wife and children (upto 25 years of age) and not for parents, even though they are dependant Pension amount is payable on certain selected scheduled banks only, which will vary for each region.
Also EDLI amount is also payable to the wife and minor children of the deceased employee.
M.Venkatraghavan
From India, Selam
But pension amount is payable only to wife and children (upto 25 years of age) and not for parents, even though they are dependant Pension amount is payable on certain selected scheduled banks only, which will vary for each region.
Also EDLI amount is also payable to the wife and minor children of the deceased employee.
M.Venkatraghavan
From India, Selam
HI Savita, If the person has 4 children, in that case only two younger children will be eligible for pension....
From India, New Delhi
From India, New Delhi
Dear Sir,
In the case of Senior citizen death, Kindly deliver the procedure to transfer the Pension amount to the wife of that Senior citizen.
The legal heirs are the wife & two sons.
Regards,
V.Umashankar
From India, Hyderabad
In the case of Senior citizen death, Kindly deliver the procedure to transfer the Pension amount to the wife of that Senior citizen.
The legal heirs are the wife & two sons.
Regards,
V.Umashankar
From India, Hyderabad
All the children of the deceased employee are eligible for death pension. Initially the first two children are eligible for death pension till they attain the age of 25 years. As soon as the first child completes 25 years age, the pension amount payable to that child will be stopped and it will be paid to the 3rd child till 25 years age. As soon as the 2nd child completes 25 years age, the pension will be paid for the 4th child till he completes 25 years. When all the children completed 25 years the pension for the children will be stopped and thereafter widow pension only will be continued to be paid.
In the case of 4 children, the legal heirs certificate of the deceased employee should contain the name and age etc. of all children and the claim should be submitted for all the children at the same itself.
In the case of the death of a senior citizen already receiving pension, the spouse is eligible for pension subsequently for which life certificate certified by the Bank Manager in which the pension is already drawn is to be submitted to concerned PF office through that Bank.
Regards
M.Venkatraghavan
From India, Selam
In the case of 4 children, the legal heirs certificate of the deceased employee should contain the name and age etc. of all children and the claim should be submitted for all the children at the same itself.
In the case of the death of a senior citizen already receiving pension, the spouse is eligible for pension subsequently for which life certificate certified by the Bank Manager in which the pension is already drawn is to be submitted to concerned PF office through that Bank.
Regards
M.Venkatraghavan
From India, Selam
Sir, Thank you very much for such clearance. one more doubt i have, if there is 3 children in family below 25years and one of them is physically disable, in that case what procedure will be.
From India, Delhi
From India, Delhi
Respected Seniors,
I had a query
Old grandmother receives Pension of Grandfather. Last month she (grandmother) died at age 77, now what is the procedure for for pension formalities?
Is this pension transfer to her legal hair (daughter) whose age is 55?
What documents shall submit to bank?
Is the pension account in bank will continue or closed and balance amount in account shall transfer to legal heir?
Please reply
- Pandit Vijay
From India, Pune
I had a query
Old grandmother receives Pension of Grandfather. Last month she (grandmother) died at age 77, now what is the procedure for for pension formalities?
Is this pension transfer to her legal hair (daughter) whose age is 55?
What documents shall submit to bank?
Is the pension account in bank will continue or closed and balance amount in account shall transfer to legal heir?
Please reply
- Pandit Vijay
From India, Pune
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
PF & Pension Amdmt Scheme 2010 for IW.pdf