Asst. Manager – Provident Fund & Retirement Benefits

ITC · Kolkata, West Bengal · Posted 10 days ago

About this role

About Us Key Responsibilities • Provident Fund Trust Management · Manage the end-to-end administration of the Company’s Exempted Provident Fund (PF) Trust. · Oversee PF contributions, withdrawals, advances, transfers, settlements, and interest crediting. · Maintain accurate member records, reconciliations, balances, and statutory documentation. · Ensure compliance with the EPF & MP Act, 1952, related schemes, and applicable regulations. · Liaise with EPFO and statutory authorities on inspections, approvals, exemptions, and regulatory matters. · Track regulatory changes and implement necessary process, system, and documentation updates. • Pension & Retirement Benefits Administration · Administer matters relating to the Employees’ Pension Scheme (EPS), including member support, documentation, and compliance. · Provide guidance to employees and retirees on PF, pension, and retirement benefits. · Coordinate retirement settlements with HR, Payroll, Finance, and other stakeholders. · Ensure timely and accurate benefit calculations, documentation, and employee communication. · Promote awareness and understanding of PF, EPS, and retirement benefit processes. • Governance, Trusteeship & Compliance · Support the effective functioning of the PF Trust Board/Trustees. · Prepare meeting agendas, papers, minutes, compliance updates, action reports, and presentations. · Ensure adherence to trust rules, statutory requirements, investment guidelines, and governance standards. ·