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Assam Tea Plantations Provident Fund Scheme

The scheme aims to provide financial security to Assam tea plantation workers through a contributory provident fund. It benefits eligible employees earning up to ₹6,500/- per month by accumulating 12% contributions from both the worker and employer, earning interest to be paid upon retirement.

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About This Scheme

The "Assam Tea Plantations Provident Fund Scheme" is a Social Security Scheme for the Plantation Workers in Assam. The scheme was launched by the Assam Tea Employees Provident Fund Organization, Government of Assam. The scheme aims to provide compulsory savings and social security to tea garden workers and employees in Assam against contingencies like old age, death, and invalidity. The scheme provides a provident fund where both the employee and employer contribute 12% of wages, which accumulates interest at a rate declared by the Board. The applicant must be a daily wage worker or an employee of a plantation or tea factory earning up to ₹6,500/- per month. The scheme is implemented by the Assam Tea Employees Provident Fund Organization and administered by a Board of Trustees. The applications for claims are accepted through the employer or garden management.

Benefits

Provident Fund Accumulation: Members receive credit for their own contribution of 12% of wages and an equal 12% contribution from the employer.

Interest: The accumulated deposits earn interest at a rate declared by the Board every year.

Final Settlement: The total credit balance with interest is paid to the member or nominee upon retirement, resignation, death, or invalidity.

Refundable Advances: Members can avail advances up to 25% of the balance or nine months' pay (whichever is less) for marriage, death ceremonies, medical treatment, or children's higher education.

Housing Advance: A non-refundable advance is available for constructing or purchasing a dwelling house, equal to 24 months' wage, total contribution, or housing cost, whichever is less.

Hardship Relief: A non-refundable advance is granted in cases of hardship due to natural calamities or the closure of a plantation.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

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Bank Account Details: A Bank Passbook or official bank document containing the Bank Account Number, Name of the Banker, Branch Name, and IFS Code.
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Proof of Employment: An Employment Identity Card or Service Certificate issued by the Tea Garden Manager to substantiate that the applicant is an employee of a plantation or tea factory.
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Proof of Wages: A Wage Slip or Salary Certificate to substantiate that the applicant's monthly salary is up to ₹6,500/- or that they are a daily wage worker.
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Nomination Details: A Nomination Form or Declaration of Family Members to designate a beneficiary for the release of funds in the event of the member's death.
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Death Certificate: A Death Certificate of the member (Required only for Family Pension or Deposit Linked Insurance claims by a nominee).
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Medical Certificate: A Medical Certificate issued by a competent authority (Required only for Invalid Pension claims due to accident or invalidity).

✦ Required ◦ Optional

How to Apply

IIn-person

Quick Info

Level: Central Government