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    <title>Matters that may be provided for in the schemes</title>
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    <description>Schedule 05 lists matters for schemes under the Code on Social Security, 2020. The Provident Fund Scheme may prescribe membership and exemption criteria; timing, manner and recovery of employer and employee contributions (including contractor arrangements); employer payment for administration; trustee committees and regional offices; account-keeping, investment subject to Central Government directions, budgeting, audit and reporting; withdrawal, deduction and forfeiture conditions; interest fixation; nomination, registers and identity documents; fees, punishable defaults, inspector powers, transfer and valuation of existing funds, permitted life insurance premiia from the fund, and other necessary provisions.</description>
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