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    <title>Funds</title>
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    <description>The Central Government may establish a Provident Fund, a Pension Fund and a Deposit-Linked Insurance Fund for the Provident Fund Scheme, Pension Scheme and Insurance Scheme. The employer&#039;s contribution to the Provident Fund is ten per cent of wages, with the employee contributing an equal amount and an option to contribute more, while the employer is not obliged to contribute beyond the statutory rate. The Pension Fund and Insurance Fund are financed from specified employer contributions, notified sums and, where applicable, additional amounts for administrative expenses. The funds vest in and are administered by the Central Board under the respective schemes.</description>
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      <title>Funds</title>
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      <description>The Central Government may establish a Provident Fund, a Pension Fund and a Deposit-Linked Insurance Fund for the Provident Fund Scheme, Pension Scheme and Insurance Scheme. The employer&#039;s contribution to the Provident Fund is ten per cent of wages, with the employee contributing an equal amount and an option to contribute more, while the employer is not obliged to contribute beyond the statutory rate. The Pension Fund and Insurance Fund are financed from specified employer contributions, notified sums and, where applicable, additional amounts for administrative expenses. The funds vest in and are administered by the Central Board under the respective schemes.</description>
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