GG News Bureau
Srinagar, 4th March.
The 228th meeting of Central Board of Trustees, EPF was held today in Srinagar, Jammu & Kashmir under the chairmanship of Shri Santosh Kumar Gangwar,Union Minister of State for Labour & Employment(Independent Charge),Vice-Chairmanship of Shri Apurva Chandra, Secretary(L&E) and the Member Secretary Shri Sunil Barthwal, Central P F Commissioner.
Consequent upon implementation of EPF & MP Act, 1952 in the UTs of J&K and Ladakh w.e.f. 31st October, 2019, EPFO has extended its provident fund, pension and insurance benefits to all employees of existing establishments covered under the erstwhile JK PF Act as well as the employees of newly covered establishments. EPFO has set up Regional Offices at Srinagar, Jammu and facilitation center at Leh.
Chairman CBT, released another booklet on operations of EPFO in J&K and Ladakh, capturing the efforts made by EPFO in extending social security schemes in these UTs. CBT approved creation of 98 posts in different cadres required for seamless functioning of Regional offices of J&K and paving the way for smooth absorption of all staff & officers of J&K EPFO into CBT, EPF.
This CBT meet held on 4th March, was the first time in Srinagar after extension of EPF Act in the UTs.
The benefits of social security schemes of EPFO in these UTs have been extended to 2.11 lakh subscribers by January, 2021 as compared to 1.29 lakh in October, 2019, registering a remarkable growth of 63%. Under EPFO, the EDLI benefits have been enhanced upto Rs. 6.00 lakh for family members of the deceased employees, which was earlier restricted to Rs. 70,000/-. Further, the subscribers of these UTs will also get the additional social security cover in the form of pension by EPFO.
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