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The EPFO's top decision-making body is the Central Board of Trustees (CBT), [2] [3] a statutory body established by the Employees' Provident Fund and Miscellaneous Provisions (EPF&MP) Act, 1952. [4] As of 2021, more than ₹ 15.6 lakh crore (US$209 billion) are under EPFO management.
Mandatory Provident Fund (Hong Kong) [32] Vanuatu National Provident Fund (Vanuatu) – a compulsory savings scheme for Employees who receive a salary of Vt3, 000 or more a month, to help them financially at retirement. Central Provident Fund [33] Employees Provident Fund (Malaysia) [34] Pensions in Chile
B or b – prefix denoting a number in billions; BA – bottom assembly (of a riser) bbl – barrel bbl/MMscf – barrels per million standard cubic feet
Employees' Provident Fund (Sri Lanka) Topics referred to by the same term This disambiguation page lists articles associated with the title Employees Provident Fund .
Legally, the EPF is only obligated to provide 2.5% dividends (as per Section 27 of the Employees Provident Fund Act 1991). [7] The EPF claims that the lowered dividend is the result of its decision to invest in low-risk fixed revenue instruments, which produce lower returns but maintains the principal value of its members' contributions.
Provident fund is another name for pension fund.Its purpose is to provide employees with lump sum payments at the time of exit from their place of employment. This differs from pension funds, which have elements of both lump sum as well as monthly pension payments.
.epf, a file extension for CadSoft Eagle project files Eclipse process framework , an open source project Club Penguin: Elite Penguin Force , a game released for the Nintendo DS
The Employees' Provident Fund, abbreviated to EPF, is a social security scheme of employees in Sri Lanka under the Central Bank of Sri Lanka. It was established under Act No. 15 of 1958 by S. W. R. D. Bandaranaike , [ 3 ] and as of December 2010, it had Rs 899.6 billion, which is equivalent to 16% of the GDP. [ 4 ]