What Is Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) : PMRPY is an incentive scheme plan for establishments for generating new employment. Simply the main aim of PMRPY is to bring more employees in employee provident fund scheme. For all those organizations the government of India will pay 8.33% pension contribution.
In general employer will pay 12% of employee PF contribution and 13.36 % of employer contribution every month. This 13.36% consists 3.67% of PF and 8.33 % of pension and remaining is administration charges.
As per PMRPY scheme establishments who brings new employment after 31 March 2016 will get this benefit i.e employers don’t need to pay 8.33% of pension contribution to their employees. This amount will be paid by central government of India.
Read : HR Generalist Job Description
Pradhan Mantri Rojgar Protsahan Yojana Eligibility Criteria
The eligibility criteria for establishments will be explained with an example. For example a company named XYZ Pvt Ltd filled an ECR statement for 50 employees in March 2016. In April 2016 there are new 20 employees joined in that establishments. For those 20 employees the government of India will pay 8.33% of contribution i.e employer doesn’t need to pay 8.33% of pension contribution. Only 3.67% will be deposited by employer in PF fund.
This scheme is eligible for employees who didn’t have any PF account or UAN number in their life time and whose monthly wage is less than 15000 Rs. Only those new employees prior to 1 April 2016 are only eligible for Pradhan Mantri Rojgar Protsahan Yojana scheme.
For new establishments who were registered after 1 April 2016 all employees will eligible for this scheme, but remember this scheme is applicable to employees who didn’t have any previous PF account.
Note : This scheme is valid for 3 years i.e up to 2019 -2020. The govt of India will pay the 8.33% of pension contribution for 3 years only.
For textile industries the entire employer contribution of 12 % ( 8.33% + 3.67%) will be paid by central government of India under Pradhan Mantri Rojgar Protsahan Yojana ( PMRPY ) scheme.
How To Make Payment Under Pradhan Mantri Rojgar Protsahan Yojana Scheme
In order to make payment employers need to login to PMRPY portal https://pmrpy.gov.in/pmrpy/ with LIN number generated in Shram Suvidha Portal or EPFO Code and with respective password. If employer uses LIN ( Labour Identification Number) then they have to use shram suvidha poral Password, if they use EPFO code number then they have to use EPFO employer poral to login to PMRPY portal. After first time login employers need to register under Pradhan Mantri Rojgar Protsahan Yojana portal. All the details regarding new employees should be entered before 10th of every month.
R/Sir,
I am in the business of security services.
generally a guard joins us for three four months (we are getting PMRPY amount in challan for this employee) and then he left the job for two three months (guards generally keep changing job) after three months he again joins our co. as security guard and this time we again enroll him for EPF and PMRPY will i get benefit of PMRPY amount in challan in next month for this employee.
secondly i am getting benefit of above said scheme for some employees in a particular month but in the next month i didn’t get any benefit for these same employees whereas their attendance is full for both the months. this happens quite often, in many months.
please please do reply.
Sir I have establishment of manpower supply and my company has force to us for refunded amount to company in which pmrpy benefit we have received. I would like to know that pmrpy benefits for company principle employer either establishment who will eligible to getting this benefit .company giving us 13.15 percent to deposited in epf .
Hi Manoj Rai,
PMRPY benefits will be applicable to every establishment. So you have to refund the amount to the principal employer.
Dear Sir,
my question is, How the payment Epmloyer EPS Payment? i mean first we have to pay and then will get refund from government and how can anyone please explain me.?
Hi Shanmukha,
When you have registered your employees successfully in PMRPY portal then their pension amount will be automatically deducted during PF challan generation, you don’t need to pay it.
The case is we have paid PF for NOV 17 on full amount ( including those 4 members). now after that ( in jan 18) we have registered them in PMRPY portal . so , during challan generation for month Dec -17 , under PMRPY benefits, pension amount is shown less ( i think benefit amount is paid by govt ) ?
now i am in confusing that , if the pension amount is already given less in challan, than why i got email from epfo that your reimbursment is accepted and shall receive amount in given bank account?
i mean benefits from two side?
please help in understanding the matter.
Await for your response.
Hi Imran,
If it is already deducted then don’t worry.It is a common mail that every employer is getting after using PMRPY.If your amount is not deducted then pension amount will be refunded.So just ignore the mail.
Dear Sir
I need to inquire in above matter , that suppose in the month of Nov 17 I have registered 5 employees in epfo. But in the month of january i have registered them at PMRPY portal. So in this case may i eligible to have benefits for those 5 employees for the month of Dec 17 Contribution??
if yes, then how is the process after the successfully registering them at PMRPY portal?????
is it govt shall pay 8.33 % directly or we shall get reimbursment for that amount?
Kindly help in this matter.
Thanks
Hi Imran,
If you have already paid them PF contribution for the month of Nov 2017 then I think they are not eligible now. But it is better to try it once.
When you successfully register and approve EPF members in PMRPY portal after challan generation & payment that 8.33% contribution of PMRPY members will be reimbursed automatically to employer’s bank account.
in this case, i have tried to register them in PMRPY successfully, now challan generation for the month of Dec -17 , shows some benefits under PMRPY .
so after that net amount payable is less . so in that case for that pension amount is being paid by GOVT?