Consider the following statements related to the Employees’ Provident Fund Organization (EPFO).
1. The Employees’ Provident Fund Organization (EPFO), under the Ministry of Finance, ensures superannuation pension and family pension in case of death during service.
2. The schemes under the EPFO apply to businesses with at least 20 employees.
3. Contributions to the Employees’ Provident Fund (EPF) Scheme are obligatory for both the employer and the employee.
Which of the above statement is/are correct?
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
1, 2, and 3