Provident fund accumulations on death are payable to nominees, family members, or other legally entitled persons. On the death of a member before provident fund accumulations have become payable, or before payment is made, the amount standing to the member's credit is payable to the nominee if a valid nomination subsists. If no nomination subsists, or it covers only part of the credit, the amount is payable in equal shares to the member's family in the prescribed order of dependency. In any other case, the amount is payable to the person legally entitled to it. A posthumous child born alive is treated as a surviving child.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Provident fund accumulations on death are payable to nominees, family members, or other legally entitled persons.
On the death of a member before provident fund accumulations have become payable, or before payment is made, the amount standing to the member's credit is payable to the nominee if a valid nomination subsists. If no nomination subsists, or it covers only part of the credit, the amount is payable in equal shares to the member's family in the prescribed order of dependency. In any other case, the amount is payable to the person legally entitled to it. A posthumous child born alive is treated as a surviving child.
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