Employee's Provident Funds Act, 1952: Schemes Included

The Employee's Provident Funds and Miscellaneous Provisions Act, 1952 is a key piece of legislation in India designed to provide social security benefits, primarily retirement and insurance, to employees in specified establishments.

Schemes Under the Act

The Act specifically enables the Central Government to establish and administer the following schemes:

• The Employee's Provident Fund Scheme (Scheme A): This is the core scheme providing retirement-cum-pension benefits.
• The Employee's Pension Scheme (Scheme B): This scheme provides pension benefits upon retirement, disability, or to survivors.
• The Employee's Deposit Linked Insurance Scheme (Scheme D): This scheme provides an additional insurance benefit to the beneficiaries of EPF members.

Excluded Scheme

It is important to note that The Employee's State Insurance Scheme (Scheme C) is governed by a separate Act, The Employees' State Insurance Act, 1948. It provides comprehensive medical, sickness, maternity, disablement, and dependent benefits.

Conclusion

Therefore, the schemes included under the Employee's Provident Funds and Miscellaneous Provisions Act, 1952 are the Provident Fund Scheme (A), the Pension Scheme (B), and the Deposit Linked Insurance Scheme (D).