To bring into effect social security pacts signed by India with countries like France, Germany
and Belgium,
the government has initiated registration for "International workers"
after amending the Employees Provident Fund Act.
The amendment in the Act will include Indian
employees who are posted to these countries and foreign nationals working in India into the
ambit of the Employees' Provident Fund (EPF) scheme.
The modifications to the EPF scheme were brought to effect from November 1, and
so far about 30 Indian IT and Construction firms have completed necessary
registration process of the International workers employed with them.
"The modifications to the scheme will benefit the Indian workers for
availing their pension benefits right here in their country of origin. It will
also allow for exportability of social security benefits accrued in these
countries back to India,"
an EPFO official told PTI here.
Since the social security pacts are on a reciprocity basis, citizens from France, Germany
and Belgium
would not be required to register themselves under the 'International worker'
category and they can continue contributing to social security schemes in their
country of origin.
However, there is yet some time before the social security pacts could be
actually brought to effect.
Modifications to the Employees' State Insurance Act are still awaited to ensure
continuity in insurance term for Indian employees covered under similar schemes
in foreign countries.
This figures as one of the major condition of the social security pacts with
foreign nations. PTI