The EPF Form 2 has to be submitted for the purpose of declaration and nomination under the Employees’ Provident Funds and Employees’ Family Pension schemes. The form is a simple document that asks for basic information about the account and account holder as well as details of nominees under both Provident Fund and Family Pension schemes.
EPF Form 2
The EPF Form 2 asks for a few details to process the application such as date of joining EPF schemes 1952, 1971 and 1995 (three dates) apart from general information like name address, marital status, date of birth etc.
Part A (EPF proceeds)
The Part A of EPF Form 2 deals with nominating people to receive the account EPF balance in the account holder’s EPF account in the event of his or her death. In the tabular column given in the form, you need to fill in details of the nominee(s) such as name, address, relationship with member, age, amount to be paid to each nominee, and guardian details in case the nominee is a minor. The section has to be signed or a thumb impression has to be made at the end of the section.
Part B (EPS proceeds)
The EPS proceeds of a member’s PF account is also disbursed to eligible nominees. Once again, you should fill in details of nominee(s) such as name, address, relationship, age, amount to be distributed to each nominee and guardian details if the nominee is a minor. The section has to be signed or a thumb impression has to be made at the end of the section.
Part B (EPS) Part 18
This table requires you to furnish details of the family member(s) eligible to receive the children/widow pension. You need to fill information for name and address of family member as well as age and relationship with the nominee(s). The section has to be signed or a thumb impression has to be made at the end of the section.
Guidelines for nominating people
Under EPF scheme
A member of EPF who is married with/without parents who are dependents can nominate one or more persons in his family as per:
- If the member is a male, then his wife, children, dependent parents and deceased son’s widow and children can be nominated.
- If the member is a female, then her husband, children, dependent parents, husband’s dependent parents, deceased son’s widow and children can be nominated.
Under EPS scheme
A member of the Family Pension Scheme can nominate a family member to receive proceeds on his/her demise. Family is defined as:
- Wife of a male member
- Husband of a female member
- Minor sons and unmarried daughters
Sons and daughters can also include children adopted legally before demise in service.
In case a member does not have any family, then the monthly family pension will not be paid to anyone. However, the life assurance benefit will be given to nominees entitled to receive the member’s PF accumulations.
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