Hi,
Does employee PF and EPS nominations become invalid at any time? How to renew?
Hi,
Does employee PF and EPS nominations become invalid at any time? How to renew?
If you have nominated your parent or someone else, your nomination will become automatically invalid when you get married, as if you had never made a nomination. You will be required to make fresh nominations to include your spouse.
If you are unmarried, you are likely to nominate your parents towards the scheme. If the salaried person does not have a family member as defined by EPFO rules, he/she can nominate someone else.
If the subscriber forgets to nominate anyone, his/her accumulated fund shall be divided equally among all nominees as defined by the rules.