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Covid-19 – Non refundable advance of three months pay from EPF

Non refundable advance to EPF Members from the provident fund account for three months or up to 75 percent due to COVID-19 pandemic

notification-75-percent-advance-to-epf-members-covid-19-pandemic

MINISTRY OF LABOUR AND EMPLOYMENT
NOTIFICATION

New Delhi, the 27th March, 2020

G.S.R. 225(E).—In exercise of the powers conferred by section 5 read with sub-section (1) of section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend the Employees’ Provident Funds Scheme, 1952, namely:—

1. (1) This Scheme may be called the Employees’ Provident Funds (Amendment) Scheme, 2020.

(2) It shall come into force on the date of its publication in the Official Gazette.

2. In the Employees’ Provident Funds Scheme, 1952, in paragraph 68L, after sub-paragraph (2), the following sub-paragraph shall be inserted, namely:—

(3) The Commissioner or, where so authorised by the Commissioner, any officer subordinate to him, may, on an application from any member of this Scheme employed in any establishment or factory located in an area declared as affected by outbreak of any epidemic or pandemic by the appropriate Government, permit a non-refundable advance from the provident fund account of such member not exceeding the basic wages and dearness allowances of that member for three months or up to seventy-five per cent. of the amount standing to his credit in the Fund, whichever is less.”.

[F. No. S-35012/01/2020-SS-I(Pt.)]

R. K. GUPTA, Jt. Secy.

Note : The Employees’ Provident Funds Scheme, 1952 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (1) vide number S.R.O. 1509, dated the 2nd September, 1952 and was last amended vide number G.S.R. 284(E), dated the 4th April, 2019.

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