BY SPEED POST Telephone: 011 2617834 Fax: 011-26186517 - lasEr f4f4 sti 10-1 (3T- 9- kr4 •1 ■31 4 1N ITTR-U *NON) Employees' Provident Fund Organisation (Ministry of Labour & Employment, Govt. of India) 7§4 omidLi/Head Office '4-TftszT ff 14E, f4- 1-110066 Bhavishya Nidhi Bhawan, 14- Bhikaji Cama Place, New Delhi — 110066 No.Conf.1 (1) 202 nd CBT/20131i P LI Dated: 31.01.2014 To 5 1 JAN 2014 All Members, Central Board of Trustees' EPF. Subject: - Minutes of 202 nd Meeting of Central Board of Trustees' (EPF) - Regarding. Sir/madam, Kindly find enclosed herewith the Minutes of the 202 nd meeting of the Central Board of Trustees' (EPF) held on 13 th January, 2014 at New Delhi as approved by the Chairman, CBT (EPF). 2. Kindly acknowledge receipt. Encl: As above. Yours faithfully, (Anil O.K.) Regional Commissioner-I (Conf.) [email protected]
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The Board approved the proposal as contained in para 15.17 of the agenda.
Item No. 16: List of ineligible cases for waiver of damages rejected by CPFC.
The Board took note of the proposal placed before it.
Request for waiver of damages (item No. 17 to 27)- The agenda as contained in item
numbers 17 to 27 were approved by the Board with the rider that the waiver would be only
in respect of unpaid damages.
Members raised the issue of certain types of industries such as SMEs MSMEs,
plantations etc which are outside the ambit of SARFAESI, which was raised earlier and need
to have a separate mechanism. It was decided this may be discussed in Finance, Investment
and Audit Committee. Secretary (L&E) observed that the idea of forming a joint lenders'
forum may be explored in this regard. It was decided that this may be further deliberated in
Finance, Investment and Audit Committee.
202nd meeting of CBT EPF, 13.01.2014 Page9
As regards Tata Marcopolo M
which is pending in the office
earlier. The Board decided
recommended from the pros
was informed that it is the only case
no relaxation has been granted
Marcopolo Motors Ltd. be
With these observa
agenda.
the:1104a osals as contained in the
Item No. 29: 13th Valuation 11— Report submitted by Sh. P.A. Ba
The Board approved the proposaLas
ion Fund as on 31.03.2009 -
ppointed by the Government
ained in the agenda.
Item No 28: Grant of exemption under Section 17 of the Employees' Provident Funds and
Miscellaneous Provisions Act, 1952 and Para 27A of the Employees' Provident Funds
Scheme, 1952 by Appropriate Government.
CPFC informed the Board that a supplementary agenda note circulated earlier has
also been placed on the table.
It was informed to the Hon'ble Members that in most of the cases which are brought
before the Board, the establishments are enjoying the relaxation for years together and the
issue is brought before the Board for regularizing the relaxation and recommending to the
appropriate Government for a final decision in the matter. After deliberations, it was
decided that in all the cases included in the present agenda be recommended to the
appropriate Government for taking a decision. The Board also decided that it should be
seen that none of these establishments are in default. It was further decided that a detailed
SOP for granting exemption should be brought before the Executive Committee for
consideration.
Item No 30: Proposal on amendment of Para 32(1) of EPS, 95-Annual Valuation of Employees' Pension Fund.
The Board decided to continue with annual valuation of the Employees' Pension
Fund.
Item No 31: Significant action taken by EPFO since the last CBT (201st meeting held on
25th February 2013) - for information
The Board took note of the agenda placed before it.
Item No 32: Revised Estimates for the year 2013-14 and Budget Estimates for the year
2014-15 for EPFO and Sche .mes administered by EPFO.
Since details were not brought about clearly, The Board decided that the Revised
Estimates (2013-14) and Budget Estimates (2014-15) to be placed before the Executive
Committee who were delegated the power to approve it.
Item No. 33: Delegation of Administrative and Financial Powers to Chief Engineer, PFD,
EPFO.
The Board approved the proposal as contained in the agenda.
Item No 34: Grant of Senior Time Scale of PB3 Rs.15600-39100/- Grade Pay Rs. 6600/- to
regular APFCs after completion of 5 years — implementation date clarification.
The Board decided that since matter is a complex one, a detailed analysis be made of
the whole proposal and placed before Executive Committee for consideration.
Item No. 35: Liberalizing Terms & Conditions for grant of Instalment facility to defaulting .e
establishments to liquidate dues.. ., - - - ---
The Board approved the proposal as contained the agenda.
Item No. 36: Authorizing the Committee on Exempted Establishments (A Sub-Committee
of the Central Board) for Consideration of the proposals'for grant of exemption to the
establishments subject to ratification.
The Board approved that the Sub-ComMittee beauthorised to consider exemption
proposals subject to ratification by the ,Board, as a one=time arrangement which has been
necessitated because of large numberbf Proposals required to be considered in the current
year in view of Income Tax exemption being available to trusts managing their own PF Only
up to 31.03.2014.
Item No. 37: Agenda for amendment to the Employees' Deposit Linked Insurance Scheme,
1976.
The Board was informed that actuarial valuation of the EDLI Scheme 1976 is
underway. Board decided that pending finalisation of the actuarial valuation, an interim
additional benefit of 20% over and above what is admissible under the provisions of the
Scheme be allowed to beneficiaries.
Shri M.J.Rao stated that there is a need for providing medical benefit to members by
amending Section 6C of the Act. It was felt that this issue has already been raised earlier
also will be studied further.
2 02nd meeting of CBT EPF, 13.01.2014 Page11
Shri Raman Pandey raised th
exempted establishments and
workers money. He also rais
workers engaged in various s
mills in Kolkata, many of which are
tuity dues and holding on to
Security in the form of PF to
TIF18 rEF u S
The meeting
rarsy
Item No.38: Suggested issues by few CDT members.
The Board decided that whenever any fraud is discovered civil and criminal action
shall be taken against delinquent employers.
Members desired that the contact details of EPF officers be updated regularly on www.epfindia.Aovin
The Board appreciated that agenda and minutes of CBT and EC are available on web.
It was desired that agenda and minutes of all sub-Committees of the Board and Executive
Conimittee be also put on web. The Board also directed to explore the possibility of setting
up of information kiosks in all offices of EPFO so that stake holders could access information
through such kiosks directly.
Sh M.1 Rao raised the issue of installation of lift in the SRO Vishakhapatnam. Shri A.K.
Padmanabhan stated that the issue of office building for SRO Tambaram needs to be
resolved at the earliest.
Annexure A
List of officers of EPFO who attended the 202ndCBT(EPF) meeting held on 13.01.2014
S.N. Name Designation Ministry/Office 1. Shri Sanjay Kumar FA & CAO Employees' P F Organisation
2. Shri V.N. Sharma ACC(HR) Employees' P F Organisation
3. Shri P.K. Udgata ACC(Compliance) Employees' P F Organisation
4. Shri S.K. Aggarwal ACC(CSD) Employees' P F Organisation
5. Shri R.K. Kukreja Director (NATRSS) Employees' P F Organisation
6. Shri M.P. Varghese ACC (Pension) Employees' P F Organisation
7. Shri P.C. Pati Director(Audit) Employees' P F Organisation
8. Shri A.K. Gupta RPFC-I (IWU) Employees' P F Organisation 9. Shri C. Chakraborty RPFC-I (Pension) Employees' P F Organisation 10. Shri Gautam Dixit RPFC-I (ASD) Employees' P F Organisation
11. Smt Anita S Dixit RPFC-I (Coordination/Legal) Employees' P F Organisation
12. Ms. Mridula Ghai RPFC-I (HRD) Employees' P F Organisation 13. Shri Anil OK Director (Recovery) Employees' P F Organisation 14. Shri V Ranganath RPFC-I (IS) Employees' P F Organisation 15. Sri Animesh Mishra RPFC-I (Compliance) Employees' P F Organisation 16. Shri Uday Baxi RPFC-I (HRM) Employees' P F Organisation 17. Shri Vipin K Sharma RPFC-I (CSD) Employees' P F Organisation 18. Shri Navendu Rai RPFC-il (Conference) Employees' P F Organisation
19. Shri SV Tonk DD(Recovery) Employees' P F Organisation 20. Shri M.S. Arya RPFC-II (IWSU) Employees' P F Organisation 21. Shri Manoranjan Kumar RPFC-II (Investment) Employees' P F Organisation
22. Shri Ajay Kumar RPFC-II (IMC) Employees' P F Organisation 23. Shri Vishal Agarwal RPFC-II (IMC) Employees' P F Organisation 24. Shri Mohit Shekhar RPFC-II (HRM) Employees' P F Organisation
25. Shri V. Sharma APFC(ASD) Employees' P F Organisation