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Administration Manual - B.E.S.T. Undertaking.

Administration Manual - B.E.S.T. Undertaking.

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Various Functions of Provident Fund Department<br />

1. Establishment<br />

2. Nomination<br />

3. Sanction of Refundable advance<br />

4. Sanction of Non-refundable withdrawals from P.F.<br />

5. Sanction of Non-refundable withdrawals from P.F. one<br />

year before retirement.<br />

6. P.F. 90% refund on last working day.<br />

7. P.F. 10% refund ( Final ).<br />

8. Processing of Gratuity ( Special Provident Fund ) bills.<br />

9. Payment of P.F. & Gratuity dues of deceased employees.<br />

10. Preparation of claims for employees’ Pension Scheme.<br />

11. Faciliting LIC Premium from P.F.<br />

12. Processing of Group Insurance Scheme claims.<br />

13. Co-ordination for Postal Recurring Deposit Scheme.<br />

14. Trustee meetings.<br />

15. Circulatory sanction for P.F. Investment.<br />

16. Follow up of Post Investment.<br />

17. T.D.S. recovery.<br />

18. Income Tax Returns.<br />

19. Correspondence with R.P.F.C.<br />

20. Compliance to R.P.F.C.<br />

21. Correspondence and compliance with L.I.C.<br />

22. General correspondence.<br />

23. Filing, record keeping.<br />

24. Administrative Report.<br />

25. Budget.<br />

26. Stationary<br />

27. Dispatch and Enquiries.<br />

28. General.<br />

466

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