Trust Fund Administration

Retirement is not a choice, but retirement with planned benefits is

Proven Track Record

50+

Successful years of serving clients

20+

Years of Trust Fund Administration outsourcing

4 Lakh+

Member headcount

Client Management

15+

Clients Serviced

35+

Trusts being serviced

Quality Service

ISO

9001:2015 27001:2013

SSAE18

Type 2 (SAS 70)

DR/BCP

Other Certifications

Unique Propositions

FULLY AUTOMATED SOLUTION

FULLY AUTOMATED SOLUTION

  • Offer a complete digital solution
  • Transaction or submission including nomination can be made online
  • Our Turn Around Times (TAT) are significantly shorter

ACCESSIBLE 24×7

ACCESSIBLE 24×7

  • Our Trust Fund Administration is accessible 24 x 7
  • Employer and employee are provided with different logins

BUILT-IN COMPLIANCES

BUILT-IN COMPLIANCES

  • Our TFA solution has all statutory compliance built-in
  • The solution reduces the need for manual intervention
  • Error-free output

SEAMLESS INTEGRATION

SEAMLESS INTEGRATION

  • Our TFA solution is seamlessly integrated with our payroll solution
  • Ensures minimal human intervention
  • Reduces error-rate substantially

Overview

TSRDL offers a unique Trust Fund Administration Service which is a fully automated solution used to manage, monitor, and administer exempted Employee Benefits Trust Fund such as Provident Fund (PF), Gratuity Fund (GF), Superannuation Fund (SAF), and Pension Fund.

We help manage member accounting, investment accounting, maintaining the Trust Book of Accounts while ensuring statutory compliances for exempt as well as non-exempt trusts.

Scope

Provident Fund Gratuity Fund Superannuation Fund
Processing
Investments
Accounting
Record-keeping
Inspection/Audit
Nominations

Provident Fund Trust Administration

  • Contribution
  • Transfer IN claims
  • Non-refundable / Refundable loans
  • Settlement / Transfer OUT
  • Bulk communication to employees

Gratuity Fund Administration

  • Tracking of members eligible for Gratuity
  • Calculation of gratuity for eligible members as per the Act or the company policy

Superannuation Fund Administration

  • Upload SF contribution against member account
  • Maintain SF balance member-wise
  • Check SF withdrawal form and send to concerned insurance company
  • Send notification regarding the status of member application via email

Pension

  • Call for Live certificate from the pensioner (wherever applicable)
  • Intimate client in cases where certificate is returned or undelivered
  • When Live Certificate is not received from pensioner, update the Loss of pay in the system
  • Send Pension Register, Payment File, Tax planning, pension slip, address sticker and tax payment sheet to Client

Employee Self-Service Portal

The employee has 24×7 access to our web-based portal to view various reports. The following details will be updated and made available on a real-time basis:

  • Current balance/ eligibility (PF / GF and SF)
  • Nominee details (PF / GF and SF)
  • Transfer-in details
  • Transfer-out/ settlement details
  • Loans eligibility
  • Annual statements
  • Form 16
  • VPF Declaration
  • Frequently Asked Questions

Quarterly Trustee Meetings

We design the Agenda, conduct the actual meeting, note the minutes of meeting and circulate them among the trustees.

Testimonials

Teaming up with TSRDL proved to be serendipitous as we got all that we wanted and more – an end-to-end, 24x7, digital, customizable trust fund management solution that informed about our trust funds, loans, investments through an extremely user-friendly portal. What’s more – they even stay on top of all compliances. - A large Indian manufacturing company.

We used to manage our trust funds, loans, compliances, and investment activities manually, which consumed a lot of our bandwidth. Thanks to TSRDL, we were able to address our needs effortlessly and efficiently through a single portal and overcame our resource crunch. - A leading Indian private sector bank.

Our employees were not happy with what we provided them. So, we tied up with TSRDL. We and our employees are thoroughly satisfied with their employee-self-service portal in particular as it offers a plethora of services like trust funds management, loan and investment tracker, compliances and more. They are our game-changers! - A large Indian MNC.

We ran our trust fund show manually and had to reign in our finances and resources to stay profitable. TSRDL offered us an affordable, 24x7, digital, customizable solution that helped us stay on top of trust funds management, loans, investments and even compliances. Our bottom line never looked better. Superb work!