EPF Pension
Mk Premachandran MP has requested to epf organisation' tocancel may 31st ORDER.
In this connection he has submitted the petition to Hon central minister for labour and epf commissioner as released by the press note.
The essence of the sc's verdict on epf scheme implemented in 1995 was that employees who have not opted on the basis of actual salary can take the option and has to contribute 8.33% on total salary to epf with interest accrued so that they are eligible for higher pension on total salary.
This assurances was given to Mr Premachandran MP by central minister for labour during the discussion on his private bill in parliament.
The central labour minister has assured in the parliament on 23rd March 2017 to extend the scheme to all epf scheme members.
But New order on 31st may is naked breaching of minister's assurances and SC's order .
This is disrespectful act to Parliament and supreme court.
As per supreme court order the deserving employees have not been categorised as exempted establishment or non exempted establishment.
The verdict is equally binding for both establishment's.
So far the orders and circulars from epf was applicable as common and binding for both.
This has communicated to minister. Mr Premachandran MP said. more