Contributory Provident Fund definition

Contributory Provident Fund means a provident fund, the rules of which provide for crediting of contributions.
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Contributory Provident Fund means the Contributory Provident Fund established under section 7B;
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Contributory Provident Fund. - means the fund established as per the Employees Provident Fund Act and Rules connected there to.
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Examples of Contributory Provident Fund in a sentence

  • Defined Contribution Plans: The Employee State Insurance Scheme and Contributory Provident Fund administered by Provident Fund Commissioner are defined contribution plans.

  • Mitsubishi STRONGLY recommends you do NOT return your projector in just its soft carry bag, as this is not designed nor intended to protect the projector in general transit.

  • This is achieved through full theoretical saturation of both the core category and its subsidiary categories, sub- categories and their properties”.

  • Immediately on confirmation, the Party No.1 shall be entitled to the benefits of Contributory Provident Fund or G.P. Fund in case the scheme of pension exists in the school and shall be governed by the rules of that Fund as in force from time to time.

  • A választókat tehát Sólyom értelmezésében nem az hatalmazza fel a döntéshozatalban való részvételre, hogy szakértők, hanem az, hogy érintettek.

  • If he is covered by the Contributory Provident Fund (CPF) scheme, he shall be entitled to have his own share of contribution but shall not be entitled to the University share.

  • The term Provident Fund (PF) included General Provident Fund, Contributory Provident Fund, Public Provident Fund, Employees Provident Fund, etc.

  • Subject to fulfilling of requisite terms & conditions, employees will be eligible for Contributory Provident Fund, Gratuity, and Pension under Defined Contributory Scheme.

  • In the background RBI introducing, the Pension in place of Contributory Provident Fund (CPF) with effect from 01.01.1986, the unions in our Industry felt the need of demanding the same for its implementation in Public Sector Banks.

  • Employees who are presently covered under Contributory Provident Fund Scheme who do not opt for Pension Scheme being made available under the Settlement dated 27th April, 2010 shall continue under the Contributory Provident Fund Scheme as hitherto.


More Definitions of Contributory Provident Fund

Contributory Provident Fund means a provident fund, the rules of which provide
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Contributory Provident Fund means the defined contribution pension scheme, either conventional pension fund or, as the case may be, the Shariah compliant fund, specified in these rules, in which both the employer and employee contribute, as per First Schedule, to the pension account, and such contributions are invested until retirement of the employee and the accumulated balance in the pension account, at the time of retirement, is withdrawn or invested further to generate monthly income during the post- retirement phase, subject to exceptions under these rules;
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Related to Contributory Provident Fund

  • Contributory drainage area means the area from which stormwater runoff drains to a stormwater management measure, not including the area of the stormwater management measure itself.

  • Settlement Fund means the Settlement Amount plus any and all interest earned thereon.

  • Defined Contribution Plan A retirement plan which provides for an individual account for each participant and for benefits based solely on the amount contributed to the participant's account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants which the plan may allocate to such participant's account. The Advisory Committee must treat all defined contribution plans (whether or not terminated) maintained by the Employer as a single plan. Solely for purposes of the limitations of Part 2 of this Article III, the Advisory Committee will treat employee contributions made to a defined benefit plan maintained by the Employer as a separate defined contribution plan. The Advisory Committee also will treat as a defined contribution plan an individual medical account (as defined in Code Section 415(l)(2)) included as part of a defined benefit plan maintained by the Employer and, for taxable years ending after December 31, 1985, a welfare benefit fund under Code Section 419(e) maintained by the Employer to the extent there are post-retirement medical benefits allocated to the separate account of a key employee (as defined in Code Section 419A(d)(3)).