MINISTER OF STATE FOR LABOUR AND EMPLOYMENT (SHRI KODIKUNNIL SURESH)
(a) & (b): Yes, Madam. Corpus to the tune of Rs.4,73,145.59 Crores on face value as on
31.03.2013 of Employees’ Provident Fund Organisation (EPFO) comprising Employees Provident
Fund (EPF), Employees’ Pension Scheme (EPS) and Employees Deposit Linked Insurance (EDLI)
Schemes has been invested in Government Securities and sovereign-guaranteed PSU securities
to ensure a steady no risk return as per details given hereunder:-
(Rs. in Crores )
1 Central Govt. Securities 1,16,302.61
2 State Govt./Govt. Guaranteed Securities 82,222.33
3 Special Deposit Scheme 54,133.11
4 Public Sector Financial Institutions 1,50,513.51 (Including Pvt. Sector Bonds)
5. Public Account 69,974.03 Total 4,73,145.59
(c): The Employees’ Pension Fund is a pooled fund which has the following two sources of
funding:
i) diversion of 8.33% of the wages, dearness allowance and retaining allowance of each
member of the pension fund from and out of the Employer’s contribution of 12% (of wages,
dearness allowance and retaining allowance, if any) as provided in Section 6 of the Employees’
Provident Funds & Miscellaneous Provisions Act, 1952;
ii) The Central Government also contributes into the fund @ 1.16% of the pay (upto wage
ceiling of Rs. 6500/-) of the members of the Employees’ Pension Scheme, 1995.
Pension and withdrawal benefits are paid to members/ pensioners of Employees’ Pension Scheme,
1995 as per provisions of Para 12 of Employees’ Pension Scheme, 1995 and all such benefits
are paid from and out of the pooled Employees’ Pension Fund.
(d) & (e): Investment of the fund is done as per the Pattern of Investment notified by Ministry
of Labour & Employment from time to time. As per existing Pattern of Investment, investment
in capital market is allowed but only in debt segment and no investment is allowed to be made in equity.
