Who Can Nominate?
According to Section 54(1A) of the Employees Provident Fund Act 1991, any member of the Fund may make nomination for the purpose of payment of credit after the death of the member. The nomination can be made by members by completing the EPF Form 4 and submitting it at any EPF branches nationwide, or through a new nomination application and updating nomination information via the Member’s i-Account, followed by a visit to the counter for fingerprint verification.
Revocation of Nomination
Sometimes, unexpected events happen and alter the status of your nomination. The best way to handle these situations is to ensure you have sufficient knowledge to handle it better.
Your nomination made will be revoked under the following circumstances:
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Nomination Failed
EPF nominations fail when nominees die together with the member.
A Will cannot revoke an earlier nomination under EPF BUT a Will can nominate a substitute / back up nominee in the event the existing nomination failed.
For example:
Member nominates two nominees, both aged 18 and above with the portions of 30% and 70% respectively. Nominee B passes away prior to the member’s demise.
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