Section 6A of The Employees Provident Funds and Miscellaneous Provisions Act, 1952 in hindi
1[6A. Employees' Pension Scheme.-- (1) The Central Government may, by notification in the Official Gazette, frame a scheme to be called the Employees' Pension Scheme for the purpose of providing for--
- (a)superannuation pension, retiring pension or permanent total disablement pension to the employees of any establishment or class of establishments to which this Act applies; and
- (b)widow or widowers pension, children pension or orphan pension payable to the beneficiaries of such employees.
- (2)Notwithstanding anything contained in section 6, there shall be established, as soon as may be after framing of the Pension Scheme, a Pension Fund into which there shall be paid, from time to time, in respect of every employee who is a member of the Pension Scheme,--
- (a)such sums from the employer's contribution under section 6, not exceeding eight and one-third per cent. of the basic wages, dearness allowance and retaining allowance, if any, of the concerned employees, as may be specified in the Pension Scheme;
- (b)such sums as are payable by the employers of exempted establishments under sub-section (6) of section 17;
- (c)the net assets of the Employees' Family Pension Fund as on the date of the establishment of the Pension Fund;
- (d)such sums as the Central Government may, after due appropriation by Parliament by law in this behalf, specify.
- (3)On the establishment of the Pension Fund, the Family Pension Scheme (hereinafter referred to as the ceased scheme) shall cease to operate and all assets of the ceased scheme shall vest in and shall stand transferred to, and all liabilities under the ceased scheme shall be enforceable against, the Pension Fund and the beneficiaries under the ceased scheme shall be entitled to draw the benefits, not less than the benefits they were entitled to under the ceased scheme, from the Pension Fund.
- (4)The Pension Fund shall vest in and be administered by the Central Board in such manner as may be specified in the Pension Scheme.
- (5)Subject to the provisions of this Act, the Pension Scheme may provide for all or any of the matters specified in Schedule III.
- (6)The Pension Scheme may provide that all or any of its provisions shall take effect either prospectively or retrospectively on such date as may be specified in that behalf in that Scheme.
- (7)A Pension Scheme, framed under sub-section (1), shall be laid, as soon as may be after it is made, before each House of Parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, both Houses agree in making any modification in the scheme or both Houses agree that the scheme should not be made, the scheme shall thereafter have effect only in such modified form or be of no effect, as the may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that Scheme.]
Summary
- The Central Government is authorized to create an Employees' Pension Scheme to provide various types of monthly payments to workers and their families.
- This scheme covers pensions for retirement (superannuation), regular retirement, or if a worker becomes permanently and totally disabled.
- It also provides for family members, including pensions for widows or widowers, children, and orphans.
- Once this Pension Fund started, the old Family Pension Scheme ended, and all its money and responsibilities moved to the new fund.
Practical examples
FAQ
1. What types of pensions are available under Section 6A of the Employees Provident Funds and Miscellaneous Provisions Act, 1952?
Section 6A of the Employees Provident Funds and Miscellaneous Provisions Act, 1952, provides for superannuation, retiring, permanent total disablement, widow/widower, children, and orphan pensions.
2. What happened to the old Family Pension Scheme under Section 6A of the Provident Fund Act?
According to Section 6A of the Employees Provident Funds and Miscellaneous Provisions Act, 1952, the old Family Pension Scheme stopped operating, and its assets and liabilities were transferred to the new Pension Fund.
3. Does an employer in an exempted establishment still have to pay into the Pension Fund under Section 6A of the 1952 Act?
Yes, Section 6A of the Employees Provident Funds and Miscellaneous Provisions Act, 1952, specifies that sums payable by employers of exempted establishments under Section 17(6) must be paid into the Pension Fund.
4. Who manages the Pension Fund described in Section 6A of the 1952 Act?
Section 6A of the Employees Provident Funds and Miscellaneous Provisions Act, 1952, states that the Pension Fund is administered by the Central Board.
Test yourself
Q1.Under Section 6A of The Employees Provident Funds and Miscellaneous Provisions Act, 1952, what is the maximum percentage of basic wages that can be diverted from the employer's contribution to the Pension Fund?
Q2.According to Section 6A of The Employees Provident Funds and Miscellaneous Provisions Act, 1952, what happens to a worker's family if the worker dies?
Q3.How does Section 6A of The Employees Provident Funds and Miscellaneous Provisions Act, 1952, interact with Section 6 regarding funding?
Q4.Under Section 6A of The Employees Provident Funds and Miscellaneous Provisions Act, 1952, what is the role of Parliament regarding a new Pension Scheme?