The benefit of PF is given to every member by the Employees’ Provident Fund Organization (EPFO). For this, 12-12 percent contribution is also made by both the employee and the employer. If the PF holder dies while on the job, his pension and insurance benefits are given to the nominee. In such a situation, it is necessary for all the members to add a nominee in their PF account. Now the question arises. If a nominee is not linked to a member’s PF account, then who will get the benefit?
Who gets PF money if he is not a nominee?
If a member has not added a nominee in his PF account, then as per the rules of EPF Scheme 1952, on the death of the member, the PF money will be distributed equally among all the family members. If there is no one in the member’s family, his legal heir will get the PF money and insurance benefits.
Let us tell you, every member is given an insurance of Rs 7 lakh by EPFO. If a member dies, the insurance amount is given to his family by EPFO.
How to register nominee in EPFO
- For this, first of all you have to go to the official website of EPF.
- Then go to the Services section and click on ‘For Employees’. After this go to ‘Member
- UAN/Online Services’.
- Login using UAN and password.
- Then go to Manage tab and click on e-Nomination.
- Now ‘Provide Details’ tab will appear on the screen and click on Save.
- Now click on ‘Yes’ to update the family declaration.
- Click on ‘Add Family Details'(You can add more than one nominee here).
- Click on ‘Nomination Details’ to decide the nominee’s share and now click on ‘Save EPF Nomination’.
- Now click on ‘E-Sign’. Now submit the OTP received on the mobile.
- Your e-nomination is complete.
