EPFO: Rules related to PF-pension (EPS) change after marriage, if not known then full money will be stuck

EPFO Rules: One small mistake can trap your entire fund. Do you know that as soon as a person gets married. The rules of EPF and EPS change for that.

EPFO Rules: Provident Fund money is not only useful when you need it. Rather, it is also the partner of your retirement. Not only this, the Provident Fund also takes care of the family of the member. After the death of an EPFO ​​member, it also works for the family. But, do you know that one small mistake of yours can trap your entire fund. Do you know that as soon as a person gets married, the rules of EPF and EPS change for him.

Actually, after a person gets married, their nomination in EPF and EPS gets canceled. This is mentioned in the rules of the Employees Provident Fund (EPFO) Scheme, 1952. According to the rule, whatever nomination a member makes for EPF and EPS before marriage, it becomes invalid (invalid) after marriage. This means that after marriage there is a need for nomination. Experts say that the nomination in EPF and EPS before marriage automatically gets canceled after marriage.

Rules for EPF-EPS nomination

Who can be family members in the EPF Act, it has been clearly stated. Only these people are allowed to nominate in EPF account. In the case of a male member under the EPF Act, ‘family’ means wife, children (whether married or not), dependent parents and the deceased son’s wife and children. In the case of a female member, ‘family’ means husband, children, dependent parents, in-laws and the wife and children of the deceased son.

What if there is no ‘family member’?
According to the rules, if the member of the EPF does not have any family member, then he can nominate any person. However, the nomination will be invalid after marriage.

Did not do the nomination after marriage and died?

If no nomination has been made under the EPF scheme, the entire amount deposited in the fund will be distributed equally among the family members. If the person is not married, the amount will be given to the dependent parent

Can anyone nominate a non-family member?
Family members mentioned under the rules should be nominated in EPF and EPS account only. If you want to keep a family member like your husband or father out, then in case of EPF, you have to give it to the EPFO ​​Commissioner. Similarly, if the husband and wife get divorced and they do not have children, then in case of death of any of them, the pension will be given to the dependent parents.