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The EPFO's top decision-making body is the Central Board of Trustees (CBT), [2] [3] a statutory body established by the Employees' Provident Fund and Miscellaneous Provisions (EPF&MP) Act, 1952. [4] As of 2021, more than ₹ 15.6 lakh crore (US$209 billion) are under EPFO management.
Legally, the EPF is only obligated to provide 2.5% dividends (as per Section 27 of the Employees Provident Fund Act 1991). [8] The EPF claims that the lowered dividend is the result of its decision to invest in low-risk fixed revenue instruments, which produce lower returns but maintains the principal value of its members' contributions.
Step 2 – The existing bank will then forward the certified copy of the account, the account opening application, nomination form, and specimen signature. It will also forward the cheque/dd for the outstanding amount in the PPF account to the new bank at the branch specified by the customer.
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Add "nomination at FAC/FLC/GAN" to notes in Step 1 [ edit ] In the PR instructions , Step 4, it states that a PR can be closed if the article is nominated for good article, featured article or featured list status.
The nomination will then be placed in the Miscellaneous section. Save the page. A bot will add the nomination to the GA nominations page under the chosen subtopic heading to indicate that the article is ready to be reviewed. (Optional): Consider reviewing two nominations for each one that you nominate or joining a review circle.
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Nomination is part of the process of selecting a candidate for either election to a public office, or the bestowing of an honor or award. A collection of nominees narrowed from the full list of candidates is a short list .