Centre forms four panels to look into EPFO functioning
The Hindu
All the committees, notified on November 27, have been granted a tenure of three months.
The Union Government has formed four ad-hoc board-level committees to look into the functioning of different aspects of the Employees’ Provident Fund Organisation (EPFO), including IT, communications and pension.
Union Labour and Employment Minister Bhupendra Yadav, who chairs the Central Board of Trustees of the EPFO that manages about ₹15 lakh crore of retirement savings, approved the formation of these panels. All the committees, notified on November 27, have been granted a tenure of three months.
Labour Secretary Sunil Barthwal has been tasked with steering two of the committees — on ‘pension reforms’ and ‘IT and Communications’. Mr. Barthwal was in charge of the EPFO as the Central PF Commissioner (CPFC) till late September.
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