Implementation of Code on Social Security, 2020 for EPFs

The Employees’ Provident Fund Organisation, under the Ministry of Labour & Employment, Government of India, has notified certain provisions of the Code on Social Security, 2020 in respect of the Employees’ Provident Funds & Miscellaneous Provisions Act 1952 and EPS’ 1995.

The provisions will come into effect on May 3rd, 2023, and include sub-sections and clauses related to the Employees’ Pension Scheme, as well as the repeal of certain provisions of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. The notification was sent to all Addl. CPFCs, Zonal Offices, RPFCs, and OICs of Regional Offices.

Effecting certain provisions of the Code on Social Security, 2020 in respect of EPFs & Miscellaneous Provisions Act 1952 and EPS’ 1995

कर्मचारी भवियय निधि संगठन
EMPLOYEES’ PROVIDENT FUND ORGANISATION
श्रम एवं रोजगार मंत्रालय, भारत सरकार
MINISTRY OF LABOUR & EMPLOYMENT, GOVERNMENT OF INDIA
मुख्‍य कार्यालय/Head Office
भविष्‍य निधि भवन, 14, भीकाएजी कामा प्‍लेस, नई दिल्‍ली-110066
Bhavishya Nidhi Bhawan, 14, Bhikaiji Cama Place, New Delhi- 110066

No. Pension/SupremeCourt/judgement/HPM/2022/Pt

Date: 04.05.2023

To,

All Addl. CPFCs, Zonal Offices.
All RPFCs / OICs, Regional Offices.

Sub: Effecting certain provisions of the Code on Social Security, 2020 in respect of Employees’ Provident Funds & Miscellaneous Provisions Act 1952 and EPS’ 1995- reg.

Madam/ Sir,

Please refer to the G.O.I Gazette Notification No. S.O. 2060(E) dated 3rd May 2023 (copy attached).

  1. Vide above Gazette Notification, following provisions of the Code on Social Security, 2020 in respect of Employees’ Provident Funds & Miscellaneous Provisions Act 1952 and EPS’ 1995 have been notified:

(i) sub-section (3) of section 15, in so far as it relates to the Employees’ Pension Scheme, 1995;

(ii) clause (a) of sub-section (1) of section 16, in so far as it relates to the Employees’ Pension Scheme, 1995;

(iii) clause (b) of sub-section (1) of section 16;

(iv) sub-section (2) of section 16, in so far as it relates to the Employees’ Pension Scheme, 1995;

(v) section 143, in so far as it applies in giving effect to the provisions of sub-clause (ii) of clause (b) of sub-section (1) of section 16 in relation to the Employees’ Pension Scheme, 1995;

(vi) sub-section (1) of section 164 to repeal the corresponding provisions of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952) specified in item 3 thereof; and

(vii) clause (b) of sub-section (2) of section 164 in so far as it relates to the Employees’ Pension Scheme, 1995.

  1. The above provisions of the said Code shall come into force on the 03rd day of May, 2023.

[This issues with the approval of ACC-HQ (Pension)]

Yours faithfully,

(Aprajita Jaggi)
Regional P.F. Commissioner-I (Pension)

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