The following Social Security Schemes are run under the Employees’ Provident Funds & Miscellaneous Provisions Act, 1952:
(i) Employees’ Provident Funds Scheme(EPF), 1952,
(ii) Employees’ Pension Scheme(EPS), 1995, and
(iii) Employees’ Deposit Linked Insurance Scheme (EDLI), 1976.
As per the audited Balance Sheet of the EPFO, the amount paid to the beneficiaries on the said Schemes during last three years are as under:
(Rs. In Crore)
TOTAL AMOUNT PAID FROM EPF, EPS & EDLI SCHEMES:-
Year | EPF Scheme | Pension Scheme | EDLI Scheme | Total |
2008-09 | 12,088.39 | 4,790.78 | 48.63 | 16,927.80 |
2009-10 | 12,988.14 | 5,439.04 | 49.48 | 18,476.66 |
2010-11 | 13,928.11 | 5,932.70 | 46.51 | 19,907.32 |
This information was given by the Union Minister for Labour & Employment Shri Mallikarjun Kharge in reply to a written question in the Lok Sabha