Government will not merge coal workers’ provident fund with EPFO

Government will not merge coal workers’ provident fund with EPFO

The Union coal secretary has clarified to the unions that there are no proposals of merging the coal workers provident fund with the Employees Provident Fund and hence the possibility of a merger does not arise.

Five coal workmen unions of Coal India and Singareni Colliery — INTUC, CITU, BMS, HMS and AITUC served a three-day strike notice from June 19 because they believed the government wanted to merge the two funds and they feared it would reduce their receivables post retirement. The strike notice also included a few other demands including conclusion of salary negotiations as revised salaries fell due last year. Read More…

 

 

 

Credit By: ET Energy World

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