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The primary objective of the Karmachari Sanchaya Kosh (KSK) or the Employees Provident Fund (EPF) in English is to manage the provident fund of the government, public and private sector employees and to help them financially on retirement or separation from their jobs. Related
other objectives of KSK are: To
mobilize the savings received in KSK through the compulsory provident fund contributions on the part of
employees and employer. To
extend the KSK coverage so that a larger section of the organized sector employees,
who have yet not been covered, can be brought under the KSK umbrella with a view
to benefit them. To generate maximum return on the investment of KSK for the benefits of the members. To undertake activities that can provide social security to the members of KSK. To
conduct
research activities and to explore welfare schemes which can benefit the
KSK members at large.
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