If the name of the nominee is not registered in the EPFO ​​account, then who will get the PF money? Know the rules

No Nominee PF Money Rule: Almost all government employees across the country have accounts opened in EPFO. Every month, some part of the employees’ salary is deposited in the Employees Provident Fund Organization (EPFO) account. This amount is useful for the old age and financial crunch of the employees. Apart from this, whenever an employee retires, all the benefits received under the EPF scheme are added to the amount deposited in the account.

EPFO appeals to every customer to enter the name of one person as nominee while opening the EPF account, so that the nominee can get the entire amount of the account after the account holder. In such a situation, let us know that if an account holder did not enter the name of the nominee while opening the account, then who will get this money after his death.

If the name of the nominee is not registered then who will get the money?

• If due to some reason the account holder dies and he has not registered the name of any person in the nominee, then it becomes a bit difficult to get the amount deposited in the account. To get this amount one has to go through many legal processes.
• According to EPFO ​​rules, if an account holder had not registered the name of the nominee in the EPFO ​​account, then after his death all the family members get the EPF benefit in equal shares.
• Whereas if the account holder has no family, member or heir, then the PF amount will be given to the person who is legally entitled to receive it.
• Let us tell you that if the name of the nominee is registered in the EPFO ​​account, then as per the rules, the nominee gets the entire amount deposited in the account within 7 days. But if the name of the nominee is not registered in the PF account, then it may take a long time and will have to go through legal procedures.

If claim is not made then account will become inoperative

EPFO has clearly said that if no claim is made in an account for three years, then it becomes ‘inoperative’. In such a situation, EPFO ​​advises the customers that to get the amount deposited in the account and all the benefits related to it, the heir or nominee of the deceased person should make a claim within the stipulated time, so that they can get all the financial benefits on time.\

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Who is the family member?

• For male employee- His wife, children (married or unmarried), parents and if the son is dead, his wife and his children.
• For female employees- Her husband, in-laws, children (married or unmarried), her own parents, and her late son’s wife and children.