Dear Seniors ,
Greetings !
I am working as an HR in an Logistics Firm i need clarification on one of the query.
We have a colleague of ours who joined us on 2/1/2012. Now he wants to take Loan/Advance from PF for Medical Treatment of his dependent Mother.
I was advised by PF consultant he needs to complete 5 yrs of continuous service for the above.
However when i checked this link EPFO <link updated to site home> i saw no such criteria for details pls chk below :
3) A member may be allowed non-refundable advance from his account in the Fund for the treatment of a member of his family who has been hospitalised, or requires hospitalization, for one month or more-
(a)
for a major surgical operation, or
(b) for the treatment of T.B., leprosy, [paralysis, cancer, mental
derangement or heart ailment]:
Provided that no such advance shall be granted to a member unless he has produced—
(i) a certificate from a doctor of the hospital that the patient has been hospitalised or requires hospitalisation for one month or more, or that a major surgical operation had or has become necessary, and
(ii) a certificate from his employer that the Employees’ State Insurance Scheme facility and benefits are not available to him for the treatment of the patient.
(4) The amount advanced under this paragraph shall not exceed the member’s [basic wages and dearness allowance] for [six] months or his own share of contribution with interest in the Fund, whichever is less.(5) [***]
(6) Where the Commissioner [or, where so authorised by the Commissioner, any officer subordinate to him] is not satisfied with a medical certificate furnished by the member under this paragraph, he may, before granting an advance under this paragraph, demand from the member another medical certificate to his satisfaction.
Pls advise what should be my next step as i am getting assistance form no where and i do not want my concerned staff to be affected in any way due to this matter,
From India, Mumbai
5Greetings !
I am working as an HR in an Logistics Firm i need clarification on one of the query.
We have a colleague of ours who joined us on 2/1/2012. Now he wants to take Loan/Advance from PF for Medical Treatment of his dependent Mother.
I was advised by PF consultant he needs to complete 5 yrs of continuous service for the above.
However when i checked this link EPFO <link updated to site home> i saw no such criteria for details pls chk below :
3) A member may be allowed non-refundable advance from his account in the Fund for the treatment of a member of his family who has been hospitalised, or requires hospitalization, for one month or more-
(a)
for a major surgical operation, or
(b) for the treatment of T.B., leprosy, [paralysis, cancer, mental
derangement or heart ailment]:
Provided that no such advance shall be granted to a member unless he has produced—
(i) a certificate from a doctor of the hospital that the patient has been hospitalised or requires hospitalisation for one month or more, or that a major surgical operation had or has become necessary, and
(ii) a certificate from his employer that the Employees’ State Insurance Scheme facility and benefits are not available to him for the treatment of the patient.
(4) The amount advanced under this paragraph shall not exceed the member’s [basic wages and dearness allowance] for [six] months or his own share of contribution with interest in the Fund, whichever is less.(5) [***]
(6) Where the Commissioner [or, where so authorised by the Commissioner, any officer subordinate to him] is not satisfied with a medical certificate furnished by the member under this paragraph, he may, before granting an advance under this paragraph, demand from the member another medical certificate to his satisfaction.
Pls advise what should be my next step as i am getting assistance form no where and i do not want my concerned staff to be affected in any way due to this matter,
From India, Mumbai
HI
For treatment of family you can go through with Para 68 J (3) and Admissible amount 6 month’s basic wages and DA
OR
Employee Share with interest Whichever is least and you will get in 1 installment and payment will be made to Member and you have to provide Certificate C signed by Employer and Doctor.
Eligibility of membership is - 0 Years ( you can apply) there is no condition for membership.
Hope it may clear
From India, Mumbai
For treatment of family you can go through with Para 68 J (3) and Admissible amount 6 month’s basic wages and DA
OR
Employee Share with interest Whichever is least and you will get in 1 installment and payment will be made to Member and you have to provide Certificate C signed by Employer and Doctor.
Eligibility of membership is - 0 Years ( you can apply) there is no condition for membership.
Hope it may clear
From India, Mumbai
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PF Online Advance PPT.pdf
PF WORKING-MASTER SUMMARY.xls
PF Advance rule.doc