Question : UNCLAIMED EPF AMOUNT

(a) the total unpaid amount as on date in the country under Employees Provident Fund in absence of the complete address of beneficiaries or non-receipt of applications from them for the claim thereof;

(b) whether the Union Government is formulating a scheme to pay the amount deposited under EPF to labourers at the place of work itself at the time of leaving the job;

(c) if so, the details thereof; and

(d) the time by which this scheme is likely to be introduced?

MINISTER OF STATE FOR LABOUR AND EMPLOYMENT(SHRI HARISH RAWAT)

(a): As per the audited Balance Sheet of the Employees’ Provident Fund Organisation for the financial year 2008-09, an amount of Rs.5,892.53 crore was unpaid under ‘Inoperative Accounts’ as on 31.03.2009. The accounts for the year 2009-10 are under process.

(b) to (d): At present the Union Government is not formulating any such scheme.