Provident Fund- Rule no 20- MEPS

20. Provident Fund.- 

(1) every employee (not being an employee who has opted for pension) of an aided or unaided school working on a full time basis or every employees employed on part-time basis in more than one school run by the same management and doing full-time load of work in these schools, shall subscribe to the Contributory provident fund under the contributory provident fund rules (Bombay) as in force from time to time. 

(2) Every employee of an aided private secondary school working on a full time basis who was appointed before the 1st April 1966 and who had exercised in writing his option for a contributory provident fund scheme shall subscribe to that fund as per rules made by government and are in force in this behalf.



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