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