DEATH CLAIMS TO BE PROCESSED WITHIN 07 DAYS AND RETIREMENT CLAIMS TO BE SETTLED ON THE DAY OF RETIREMENT (Ministry of Labour & employment 18.11.2016)
PAYMENT OF STATUTORY CONTRIBUTIONS
HENCEFORTH ONLY THROUGH INTERNET BANKING
The
Prime Minister of India during the PRAGATI review meeting held on 26th
October desired that claims related to death cases be prioritized and
expedited and retirement claims may be settled on the day of retirement.
In accordance, the processes have been reviewed and instructions have
been issued to field offices to settle death claims within a period of
07 days from the date of receipt of proposal and retirement claims on
the day of retirement. The officials in the facilitation centre of field
offices have been instructed to scrutinize the claims and guide the
claimant regarding submission of required documents in appropriate
shape. An official has been posted in the facilitation centers of EPFO
this category of claims.
Employers are now increasingly using internet banking to deposit
statutory EPF dues since EPFO made it mandatory to use internet banking
as the mode of receipt of EPF dues. 96.03% contributions in October 2016
were received online.
In an
important judgment delivered by the High Court of Madras in the matter
of writ petition filed by Builders Association of India, Madurai, the
High Court dismissed the petition praying non enforcement of EPF &
MP Act, 1952 every employee employed in or in connection with the work
or that factory or establishment, other than an excluded employee, who
has not become a member already shall also be entitled and required to
become a member of the Fund from the date of joining the factory or
establishment.
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