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EPFO Annexure K and PF Accumulation Quiz

10 Questions

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EPFO Annexure K and PF Accumulation Quiz

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Questions and Answers

What is the age of superannuation under EPS 1995?

60 years

58 years (correct)

62 years

55 years

What is the rate of pension contribution under EPS 1995?

10.33%

9.33%

7.33%

8.33% (correct)

What is the purpose of the Return of Capital option?

To be eligible for death relief fund

To claim assurance benefit

To be opted by a member pensioner (correct)

To opt for pension

Which form is used for claiming PF accumulation dues on leaving service or retirement?

Form 19 Signup and view all the answers

What is the purpose of the Special Reserve Fund?

To release defaulted PF contribution Signup and view all the answers

Who is the Chief Executive of EPFO?

CPFC Signup and view all the answers

What is the purpose of the CRAS Software?

For generating cash book Signup and view all the answers

What is the penalty for delay in payment under the EPF and MP Act 1952?

Penal damages Signup and view all the answers

Which section of the EPF and MP Act 1952 deals with protection against attachment?

Section 13 Signup and view all the answers

What is the rate of simple interest under Section 7Q of the EPF and MP Act 1952?

12% Signup and view all the answers