{"id":93356,"date":"2025-06-01T11:49:00","date_gmt":"2025-06-01T11:49:00","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=93356"},"modified":"2025-06-01T11:49:00","modified_gmt":"2025-06-01T11:49:00","slug":"after-framing-of-the-pension-scheme-under-the-employees-provident-fun","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/after-framing-of-the-pension-scheme-under-the-employees-provident-fun\/","title":{"rendered":"After framing of the Pension Scheme under the Employees&#8217; Provident Fun"},"content":{"rendered":"<p>After framing of the Pension Scheme under the Employees&#8217; Provident Funds and Miscellaneous Provisions Act, 1952, a pension fund shall be established as soon as possible. The establishment of the Pension Fund shall lead to cessation of which of the following ?<\/p>\n<p>[amp_mcq option1=&#8221;Employees&#8217; Pension Scheme&#8221; option2=&#8221;Employees&#8217; Deposit Linked Insurance Scheme&#8221; option3=&#8221;Family Pension Scheme&#8221; option4=&#8221;None of the above&#8221; correct=&#8221;option3&#8243;]<\/p>\n<div class=\"psc-box-pyq-exam-year-detail\">\n<div class=\"pyq-exam\">\n<div class=\"psc-heading\">This question was previously asked in<\/div>\n<div class=\"psc-title line-ellipsis\">UPSC CISF-AC-EXE &#8211; 2023<\/div>\n<\/div>\n<div class=\"pyq-exam-psc-buttons\"><a href=\"\/pyq\/pyq-upsc-cisf-ac-exe-2023.pdf\" target=\"_blank\" class=\"psc-pdf-button\" rel=\"noopener\">Download PDF<\/a><a href=\"\/pyq-upsc-cisf-ac-exe-2023\" target=\"_blank\" class=\"psc-attempt-button\" rel=\"noopener\">Attempt Online<\/a><\/div>\n<\/div>\n<section id=\"pyq-correct-answer\">The correct option is C. Upon the establishment of the Employees&#8217; Pension Fund under the 1995 Scheme, the existing Family Pension Scheme ceased to operate.<\/section>\n<section id=\"pyq-key-points\">The Employees&#8217; Pension Scheme, 1995, was introduced to replace the Employees&#8217; Family Pension Scheme, 1971. All assets and liabilities of the Family Pension Fund were transferred to the new Pension Fund, and the Family Pension Scheme consequently ceased to exist.<\/section>\n<section id=\"pyq-additional-information\">The Employees&#8217; Deposit Linked Insurance (EDLI) Scheme is a separate scheme under the EPF Act, providing life insurance cover. It was not replaced by the Employees&#8217; Pension Scheme. The Employees&#8217; Provident Fund itself also continues to exist alongside the Pension Scheme.<\/section>\n","protected":false},"excerpt":{"rendered":"<p>After framing of the Pension Scheme under the Employees&#8217; Provident Funds and Miscellaneous Provisions Act, 1952, a pension fund shall be established as soon as possible. The establishment of the Pension Fund shall lead to cessation of which of the following ? [amp_mcq option1=&#8221;Employees&#8217; Pension Scheme&#8221; option2=&#8221;Employees&#8217; Deposit Linked Insurance Scheme&#8221; option3=&#8221;Family Pension Scheme&#8221; option4=&#8221;None &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"After framing of the Pension Scheme under the Employees&#8217; Provident Fun\" class=\"read-more button\" href=\"https:\/\/exam.pscnotes.com\/mcq\/after-framing-of-the-pension-scheme-under-the-employees-provident-fun\/#more-93356\">Detailed Solution<span class=\"screen-reader-text\">After framing of the Pension Scheme under the Employees&#8217; Provident Fun<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1089],"tags":[1105,1112],"class_list":["post-93356","post","type-post","status-publish","format-standard","hentry","category-upsc-cisf-ac-exe","tag-1105","tag-economic-and-social-development","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>After framing of the Pension Scheme under the Employees&#039; Provident Fun<\/title>\n<meta name=\"description\" content=\"The correct option is C. Upon the establishment of the Employees&#039; Pension Fund under the 1995 Scheme, the existing Family Pension Scheme ceased to operate. The Employees&#039; Pension Scheme, 1995, was introduced to replace the Employees&#039; Family Pension Scheme, 1971. All assets and liabilities of the Family Pension Fund were transferred to the new Pension Fund, and the Family Pension Scheme consequently ceased to exist.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/after-framing-of-the-pension-scheme-under-the-employees-provident-fun\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"After framing of the Pension Scheme under the Employees&#039; Provident Fun\" \/>\n<meta property=\"og:description\" content=\"The correct option is C. Upon the establishment of the Employees&#039; Pension Fund under the 1995 Scheme, the existing Family Pension Scheme ceased to operate. The Employees&#039; Pension Scheme, 1995, was introduced to replace the Employees&#039; Family Pension Scheme, 1971. All assets and liabilities of the Family Pension Fund were transferred to the new Pension Fund, and the Family Pension Scheme consequently ceased to exist.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/after-framing-of-the-pension-scheme-under-the-employees-provident-fun\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T11:49:00+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"After framing of the Pension Scheme under the Employees' Provident Fun","description":"The correct option is C. Upon the establishment of the Employees' Pension Fund under the 1995 Scheme, the existing Family Pension Scheme ceased to operate. The Employees' Pension Scheme, 1995, was introduced to replace the Employees' Family Pension Scheme, 1971. All assets and liabilities of the Family Pension Fund were transferred to the new Pension Fund, and the Family Pension Scheme consequently ceased to exist.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/after-framing-of-the-pension-scheme-under-the-employees-provident-fun\/","og_locale":"en_US","og_type":"article","og_title":"After framing of the Pension Scheme under the Employees' Provident Fun","og_description":"The correct option is C. Upon the establishment of the Employees' Pension Fund under the 1995 Scheme, the existing Family Pension Scheme ceased to operate. The Employees' Pension Scheme, 1995, was introduced to replace the Employees' Family Pension Scheme, 1971. All assets and liabilities of the Family Pension Fund were transferred to the new Pension Fund, and the Family Pension Scheme consequently ceased to exist.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/after-framing-of-the-pension-scheme-under-the-employees-provident-fun\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2025-06-01T11:49:00+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/after-framing-of-the-pension-scheme-under-the-employees-provident-fun\/","url":"https:\/\/exam.pscnotes.com\/mcq\/after-framing-of-the-pension-scheme-under-the-employees-provident-fun\/","name":"After framing of the Pension Scheme under the Employees' Provident Fun","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2025-06-01T11:49:00+00:00","dateModified":"2025-06-01T11:49:00+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"The correct option is C. Upon the establishment of the Employees' Pension Fund under the 1995 Scheme, the existing Family Pension Scheme ceased to operate. The Employees' Pension Scheme, 1995, was introduced to replace the Employees' Family Pension Scheme, 1971. All assets and liabilities of the Family Pension Fund were transferred to the new Pension Fund, and the Family Pension Scheme consequently ceased to exist.","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/after-framing-of-the-pension-scheme-under-the-employees-provident-fun\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/after-framing-of-the-pension-scheme-under-the-employees-provident-fun\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/after-framing-of-the-pension-scheme-under-the-employees-provident-fun\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"UPSC CISF-AC-EXE","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/upsc-cisf-ac-exe\/"},{"@type":"ListItem","position":3,"name":"After framing of the Pension Scheme under the Employees&#8217; Provident Fun"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/93356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=93356"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/93356\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=93356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=93356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=93356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}