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An open letter by the President of the Retired Employees Association to CBT Members on EPS 1995 Pension - 4th March 2023
An open letter by the President of the Retired Employees Association to CBT Members on EPS 1995 Pension - 4th March 2023
Original publication: 2023-04-05 16:45:47
An open letter by the President of the Retired Employees Association to CBT Members on EPS 1995 Pension
Contents News/Article Date: 4th March 2023 Relating to which Act: The Employees Provident Funds & Miscellaneous Provisions Act, 1952; Applicable to which State: All the establishments in the States with PF coverage Type: An open letter by the President of the Retired Employees Association to CBT Members on EPS 1995 Pension Pertains to: Establishments and Members of PF Fund Relevance of this news: Karma Global is in the business of HR Services, Payroll, Outsourcing, and Regulatory Compliances right from its inception in 2004 since then, has brought in a lot of efficiencies and technological upgradations with experts on its role, to ease the hassles of Payroll Processing, Temp Staffing, On-boarding, Employee Life Cycle, Statutory, Regulatory, and Payroll compliances by providing customized solutions to all its elite clients. Now Karma Global is also fully into labour compliance for nearly 18 years and is helping both establishments and workers for the fulfillment of obligations as per the laws of the land. It has over 200 staff, both direct and indirect on its rolls and operates on Pan India basis. Recently, it has diversified into foreign shores as well, into countries like the US, UK, UAE, Canada, Philippines, and Asia for handling payroll, outsourcing, recruitment, and governance. And in this instance: Please refer to my earlier mails sent before the CBT meeting.- The poor old age pensioners had high hopes that some fruitful result will be there. But all of them are now deeply disappointed and are thinking that the CBT members were perhaps there to meet but did not raise any issue of the pensioners.
- The only result of the hike in interest rate is not at all concern of the old poor pensioners.
- Perhaps you people have forgotten that your primary role is to safeguard the interests of employees including pensioners. Your appointment as a CBT member of this EPFO fund is to watch and check every act of EPFO, that is why employees and employer representatives are so appointed there.
Appended is the complete news item
A worthy representation to CBT members on EPS 95 Pensioners
Dear Sir, Please refer to my earlier mails sent before the CBT meeting. The poor old age pensioners had high hopes that some fruitful result will be there. But all of them are now deeply disappointed and are thinking that the CBT members were perhaps there to meet but did not raise any issue of the pensioners.- The only result of the hike in interest rate is not at all concern of the old poor pensioners.
- Perhaps you people have forgotten that your primary role is to safeguard the interests of employees including pensioners. Your appointment as a CBT member of this EPFO fund to watch and check each and every act of EPFO, that is why employees and employer representatives are so appointed there.
- Just ask whether you are doing justice to the poor pensioners and whether you have left the poor pensioners at the mercy of EPFO officials who are bent upon ensuring that the poor pensioners are given their dues despite their fight in the Apex Court for the last about a decade.
- I know for granted that most of the poor pensioners are seeking injustice done to them for which their representatives have not raised their voices in the CBT meeting.
- I would suggest you go through the two circulars of EPFO and try to convince yourself whether the conditions laid down in the circulars dt 29 Dec 22 and 20th Feb 23 are part and parcel of the apex court judgment.
- a) where proof of written permission under 26(6) of the PF Act
- b) Joint Request for higher pension under 11(3) by employees and employer.
- c) Refusal letter by EPFO on 11(3) request by employee and employer.
- A) List of exempted and non-exempted trusts to whose employees are given permission under 26(6) of the PF act and their counts.
- B) In absence of 26(6) of PF act permission companies and their employees are being contributed higher wages, EPFO was examining their records regularly and was charging 1.16% of employer contribution but did EPFO raise any objection in writing about 26(6)? If, not why?
- C) Copy of legal vetting/approval of circular dt. 29/12/22 and 20/2/23 for implementation of supreme Court judgment dt 4 Nov 22.
- D) Where are conditions written in the judgment dt 4th Nov 22, imposed in above both the circulars dt. 29/12/22 and 20/2/23.
- E) Please ask for a list of eligible retired employees as per the above two circulars.
- F) In judgment dt 4th Nov 22 where RC Gupta's judgment dt 4/10/16 is reversed. If not reversed why pension of those pensioners who were getting higher pensions based on RC Gupta's judgment is stopped from Jan 23?
- G) Figures of eligible retired employees for higher wages and average load on each.
- H) if all these doings are being done by your approval in CBT meetings or not? If not, why?
- I) Why corrections in Name spellings, changes, etc. in UAN is not being done on an urgent basis? People are waiting for more than 15 days for correction at EPFO end.