8. With reference to Employment Provident Fund Scheme, consider the following statements:
- 1.Employees who are members of EPF automatically become members of Employees Pension Scheme.
- 2.EPF scheme is mandatory for employees who draw a basic wage of Rs. 15,000 per month.
- 3.Both employer and employee contribute 12% of employee’s monthly salary to the Employees’ Provident Fund (EPF) scheme.
Which of the statements given above is/are correct?