Share on LinkedInShare on LinkedIn

ARTICLE · 27 SEPTEMBER 2016

Evolution Of Provident And Pension Fund Benefits To Expats

Dhir & Dhir Associates
Dhir & Dhir Associates
Contributor
Dhir & Dhir Associates

Dhir & Dhir Associates

Dhir & Dhir Associates is a full-service law firm founded in 1993 to serve as a singlewindow...

View firm profile
Explore more from Dhir & Dhir Associates

For several years, the expatriates in India bore the brunt of being ineligible to the social security benefits.

IndiaEmployment and HR
Dhir & Dhir Associates
Dhir & Dhir Associates
Author LinkedIn connections

For several years, the expatriates in India bore the brunt of being ineligible to the social security benefits. Amendment to 'The Employees' Pension Scheme, 1995 Act (EPS, 1995)' that came into force on November 1, 2008 (by insertion of para 43A) is a step towards extending benefits to the expats or international workers as available to the Indian Nationals in Social Security Agreement (SSA) signatory countries.   

Expats refer to individuals who are not of Indian origin (and not holding Indian passports) but working in the Indian Territory. Till November, 2008 foreign nationals working in India were excluded from being members to the provident fund since in most of the cases their salaries exceeded the statutory limit of Rs. 6,500. With the amendment, a newly inserted term International Workers (IW) recognized three categories of workers: 

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from