Gazette Tracker
Gazette Tracker

Core Purpose

Notification under section 6A read with section 7(1) of the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 promulgating the Employees' Pension (Third Amendment) Scheme, 2024.

Detailed Summary

Notification G.S.R. 327(E) dated 14th June 2024 (File No. R-15011/01/2022-SS-II), issued by the Ministry of Labour and Employment under section 6A read with sub-section (1) of section 7 of the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), promulgates the 'Employees' Pension (Third Amendment) Scheme, 2024', effective from the date of publication in the Official Gazette, which amends the Employees' Pension Scheme, 1995 (originally published vide G.S.R. 748(E) dated 16th November 1995, last amended vide G.S.R. 2061(E) dated 3rd May 2023) by substituting sub-paragraph (1) of paragraph 5 to provide that where an employer defaults in payment of any contribution to the Employees' Pension Fund or other charges payable under the Act or Scheme, the Central Provident Fund Commissioner, or an officer authorised by the Central Government by Official Gazette notification, may recover damages from the employer at the rate of one per cent of the arrear of contribution per month or part thereof; signed by Alok Mishra, Joint Secretary.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-15062024-254724 EXTRAORDINARY PART II-Section 3-Sub-section (i) PUBLISHED BY AUTHORITY No. 304] NEW DELHI, FRIDAY, JUNE 14, 2024/JYAISHTHA 24, 1946 THE GAZETTE OF INDIA: EXTRAORDINARY [PART II-SEC. 3(i)] MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 14th June, 2024 G.S.R. 327(E).—In exercise of the powers conferred by section 6A 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' Pension Scheme, 1995, namely:- 1. Short title and Commencement.— (1) This Scheme may be called the Employees' Pension (Third Amendment) Scheme, 2024. (2) It shall come into force from the date of its publication in the Official Gazette. 2. In the Employees' Pension Scheme, 1995, in paragraph 5, for sub-paragraph (1), the following sub-paragraph shall be substituted, namely:- "(1) Where an employer makes default in the payment of any contribution to the Employees' Pension Fund, or in the payment of any charges payable under any other provisions of the Act or the Scheme, the Central Provident Fund Commissioner or such officer as may be authorised by the Central Government by notification in the Official Gazette in this behalf, may recover damages from the employer at the rate of one per cent. of the arrear of contribution per month or part thereof.” [F. No. R-15011/01/2022-SS-II] ALOK MISHRA, Jt. Secy. Note: The Employees' Pension Scheme, 1995 was published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (i) vide notification number G.S.R. 748(E), dated the 16th November, 1995 and was last amended vide notification number G.S.R. 2061(E), dated the 3rd May, 2023. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. AMIT KUMAR JAISWAL Digitally signed by AMIT KUMAR JAISWAL Date: 2024.06.15 13:34:26 +05'30'

Never miss important gazettes

Create a free account to save gazettes, add notes, and get email alerts for keywords you care about.

Sign Up Free