Funds

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....es (whether employed by him directly or by or through a contactor), and the employee's contribution shall be equal to the contribution payable by the employer in respect of him and may, if any employee so desires, be an amount exceeding ten per cent. of the wages, subject to the condition that the employer shall not be under an obligation to pay any contribution over and above his contribution....

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....e, in respect of every employee who is a member of the Pension Scheme,- (i) such sums from the employer's contribution under clause (a) not exceeding eight and one-third per cent. of the wages or such per cent. of wages as may be notified by the Central Government; (ii) such sums payable as contribution to the Pension Fund, as may be specified in the Pension Scheme, by the em....

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.... of the contribution which he is required to make under this clause, as the Central Government may, from time to time, determine to meet all the expenses in connection with the administration of the Insurance Scheme other than the expenses towards the cost of any benefits provided by or under the Insurance Scheme. ^[3](2) The Provident Fund, the Pension Fund and the Insurance Fund shall vest in....