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Unit 6: Employees’ Provident Fund Act, 1952

6.4.3 Nomination Notes

If there is no nominee, the amount shall be paid to the members of the family in-equal shares
except:

 Sons who have attained majority;
 Sons of a deceased son who have attained majority;

 Married daughters whose husbands are alive;
 Married daughters of a deceased son whose husbands are alive.
The nomination form shall be filled in duplicate and one copy duly accepted by the provident
fund office will be kept by members. In case of change, a separate form for a fresh nomination
should be filled in duplicate.

6.4.4 Transfer

When a member leaves service in one establishment and obtains reemployment in another
establishment, whether exempted or unexempted, in the same region or in another region, he is
required to apply for the transfer of his provident fund account to the Regional Provident Fund
Commissioner in the prescribed form. The actual transfer of the provident fund accumulations
with interest thereon takes place in cases of:
(i) Reemployment in an establishment, whether exempted or unexempted, in another region/
sub-region;
(ii) Reemployment in an exempted establishment in the same region/sub-region;
(iii) Leaving service in an exempted establishment and reemployment in an unexempted
establishment;
(iv) Reemployment in an establishment not covered under the Act.

Notes A member of the fund is entitled to get full refund of both the shares of contributions
made by him as well as by his employer with interest thereon immediately after leaving
the service.

6.4.5 Account Slips

As soon as possible after the completion of each accounting year, every member of the fund
shall be supplied with an account slip showing:
(a) The opening balance;
(b) The amount contributed during the year;
(c) The amount of interest credited or debited during the year; and

(d) Closing balance.
Errors, if any, should be brought to the notice of the Commissioner within six months.

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