Increase in the rates of Mementos/ Retirement Farewell, Staff Recreation Club, Special Award, Scholarship & Book Award – EPFO order dated 14.03.2023
ईपीएफओ, मुख्य कार्यालय
श्रम एवं रोजगार मंत्रालय, भारत सरकार
भविष्य निधि भवन, 14, भीकाजी कामा प्लेस, नई दिल्ली 110066
PFO,HEAD OFFICE
MINISTRY OF LABOUR & EMPLOYMENT
GOVERNMENT OF INDIA
BHAVISHYA NIDHI BHAWAN,
14, BHIKAIJI CAMA PLACE, NEW DELHI 110066
www.epfindia.gov.in
No. HRM-VI/9(1)2022/CSWC&CSPB-Meeting-Part(1)/17066
Dated: 14 MAR 2023
To,
The Additional CPFCs (HQ) (Zone) /ACCs (Zones)/ Director (PDNASS)/ ACC(ASD)/Presidents, Regional Staff Welfare Committees.
Subject: – Increase in the rates of Mementos/ Retirement Farewell, Staff Recreation Club, Special Award, Scholarship & Book Award-reg.
Ref :
- No. Welfare/3(84)2016/25th Meeting/10098-99 dated 29.08.2016
- No. Welfare/3(100)2017-18/26tb Meeting/10954 dated 25.08.2017 (Item No.05(i))
- No. WF/20th Meeting/CSWC/2009/106302 dated 16.03.2009
- No. Welfare/23rd Annual Meeting/CSWC/201 3/6848 dated 28.06.2013
Sir/Madam,
The Central Provident Fund Commissioner/President, EPF Central Staff Welfare Committee (CSWC) has approved the increase in the rates of Mementos, Staff Recreation Club, Special Award, Scholarship & Book Award given as under :-
| S.No. | Welfare Activity | Existing Rate | Approved Rate | |
| 1 | Mementos/ Retirement Farewell | Rs.15,000/- per retiring employee | Rs.20,000/- per retiring employee | |
| 2 | Staff Recreation Club | Rs.50/- per employee | Rs.70/- per employee | |
| 3 | Special Award in case of ward of an employee who become topper of any State in the Class XII | Rs.10,000/- | Rs.15,000/- | |
| 4 | Scholarship | |||
| Class/Courses | % Marks obtained | Existing Base Rate | Approved Base Rate | |
| 12th | 80 | Rs.600/- per month | Rs.1,000/- per month | |
| Continuance | 65 | Rs.600/- per month | Rs.1,000/- per month | |
| Arts/Commerce/Science | 65 | Rs.600/- per month | Rs.1,000/- per month | |
| MBBS/BDS | Passing | Rs.600/- per month | Rs.1,000/- per month | |
| PG Course (Arts/Commerce/Science) | 65 | Rs.700/- per month | Rs.1,200/- per month | |
| Book Award | ||||
| Class | % Marks obtained | Existing Base Rule | Approved Base Rate | |
| 10th | 80 | Rs.1,800/- | Rs.3,000/- | |
| 12th | 80 | Rs.1,800/- | Rs.3,000/- | |
2. The increase in the rates of aforesaid welfare activities will be applicable from 01.04.2023. Further, the above rate will increase every year and shall be aligned with CPI on the base rate. The enhanced rate will be rounded off to next “O” or “5”.
3. All the aforesaid rates shall be revised every year with the approval of ACC(HQ) HR / Vice President, CSWC.
Yours faithfully,
(Uma Mandal)
Additional CPFC (HRM) & Secretary, CSWC, EPF
Copy to (through EPFO website):-
- All the members of EPF CSWC & CSPB
- All the Divisional Heads in Head Office
- RPFC (Balance Sheet) / RPFC (F&A) Head Office
- All the Internal Audit Parties / Deputy Directors (Audit) of IAPs
- All the Regional Offices / All the Zonal Training Institutes / Zonal Vigilance Directorates
- RPFC (NDC) for uploading on EPFO website
- Director (OL) for Hindi Version.
(Rakhi Chakravarty)
Regional PF Commissioner-I (HRM)
Source : Click to view/download PDF
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