CE-MAT 2025

AAI Issued New Circular, Simplifies Employee Defined Contribution Scheme Fund Transfers

This move is set to simplify the management of pension funds for employees transitioning to or from other Public Sector Enterprises (CPSEs).

AAI Issued New Circular, Simplifies Employee Defined Contribution Scheme Fund Transfers

New Delhi, July 22, 2025 – Airports Authority of India (AAI) has issued a new circular aimed at streamlining the process for transferring funds under the AAI Employees Defined Contribution Scheme (EDCPS) for both incoming and outgoing employees. This move is set to simplify the management of pension funds for employees transitioning to or from other Public Sector Enterprises (CPSEs).

The circular, numbered AAI/HR/SSS/EDCPS-Tfr.from other Org./2025-26/152, addresses queries from various regions and airports regarding the transfer of EDCPS funds. Building on an earlier circular from January 22, 2021, which communicated the online processing of Annuity Claims, the AAI EDCPS Trust has now provided further clarifications to expedite these cases.

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For employees joining AAI from other CPSEs, the HR Directorates at CHQ, RHQ, and individual stations are now authorized to process requests for "TRANSFER IN" of EDCPS funds from previous organizations. This process will adhere to the Department of Public Enterprises (DPE) and Human Resource Management (HRM) policy guidelines. To facilitate these transfers, the certified bank details of the AAI EDCP Trust are to be shared with the previous organizations.

Upon receipt of the EDCP contribution from previous organizations, regions and stations must promptly inform the AAI EDCPS Trust, with a copy to the Social Security Cell at CHQ. This information, to be shared in the same month the credit is received, should include the employee's name, PF ID, ERP-SAP code, name of the remitter Trust and its email ID, along with the contribution amount, date, and UTR number. This ensures timely crediting to the respective employee's SBS Card by the EDCPS Trust.

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Similarly, for "TRANSFER OUT" cases, involving ex-employees who have joined other organizations after leaving AAI through proper channels, an online process for "Transfer of funds to another Organization/Trust" is available within the EDCP Software. HR Directorates at CHQ, RHQ, and stations can initiate and process these requests from other PSUs, following DPE policy guidelines. This procedure mirrors the final settlement process for separated employees due to superannuation, death, or VRS (Voluntary Retirement Scheme).

The circular, issued by Girish Kumar, General Manager (HR), underscores AAI's commitment to the systematic and scientific management of employee benefits. The AAI Employees Defined Contribution Pension Trust's bank details, including State Bank of India as the bank name, SBIN0017180 as the IFSC code, and 38353012413 as the account number, are provided for these transactions. The email ID for the AAI EDCP Trust is aaiedcpt@aai.aero.

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