Every establishment which is a factory
engaged in any industry
specified in Schedule 1 and in which 20
or more persons are
Any other establishment employing 20 or
more persons which
Central Government may, by notification,
specify in this behalf.
(Infancy period of 3 years has been withdrawn
by ordinance w.e.f.22-9-97)
any establishment employing even less
than 20 persons can be
covered voluntarily u/s 1(4) of the Act.
Any person who is employed for work of
an establishment or employed through contractor
in or in connection with the work of an
Employees covered enjoy a benefit of Social
Security in the form of an unattachable,
unwithdrawable (except employees and employers
contribute equally throughout the covered
persons employment. This sum is payable
normally on retirement or death. Other
Benefits include Employes Pension
Scheme and Employees Deposit Linked
Liable to be arrested without warrant
being a cognisable offense. Defaults by
employer in paying contributions or inspection/
administration charges attract imprisonment
up to 3 years and fines up to Rs. 10,000
(S.14.) For any retrospective application,
all dues have to be paid by employer with
damages up to 100% of arrears.
at a glance
Advance for Purchase of Dwelling
2. Advance for Purchase of
3. Advance for Construction
of a House.
4. Advance for Repayment of
housing loan to State Govt. housing board
or any other govt. recognised housing
5. Advance for IIIness viz.
Hospitalisation for more than month, major
surgical operations or suffering from
TB, leprosy, paralysis, cancer, heart
6. Advance for Marriage of
7. Advance for Post MatriculationEducation
8. Advance for Damage to the
property Due to Natural calamity (Flood Riot/Earthquake).
9. Advance for Member affected
by cut in the supply of electricity.
10. Advance for Member who is physically
[ A member employee can also
withdraw full amount standing to his credit.
in fund (para 69).....]
a) on Resignation.
b) On Retirement from the service on attaining
the age of 58 yrs.
c) on Retirement on account for permanent
or total incapacity to work.
d) immediately before Migration from India
for permanent settlement abroad or for
taking up employment
e) on Termination due to voluntary retirement
Scheme, retrenchment, closure of the factory/establishment.