Board of trustees composition, tenure, disqualification, and dispute referral rules govern exempted provident fund establishments. The board of trustees of an exempted establishment must have employer and employee representatives within the prescribed range, with employee representatives selected through nomination or election depending on union recognition and membership. The employer serves as Chairperson with a casting vote, trustees hold office for five years, and casual vacancies are filled for the remainder of the term. Disqualifications, cessation of office, procedural matters, and disputes are addressed through the approved provident fund rules, Commissioner guidelines, and reference to the Regional Provident Fund Commissioner.
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Board of trustees composition, tenure, disqualification, and dispute referral rules govern exempted provident fund establishments.
The board of trustees of an exempted establishment must have employer and employee representatives within the prescribed range, with employee representatives selected through nomination or election depending on union recognition and membership. The employer serves as Chairperson with a casting vote, trustees hold office for five years, and casual vacancies are filled for the remainder of the term. Disqualifications, cessation of office, procedural matters, and disputes are addressed through the approved provident fund rules, Commissioner guidelines, and reference to the Regional Provident Fund Commissioner.
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