Dattatreya for new EPF offices in both states

HYDERABAD: While appreciating functioning of Employees’ Provident Fund Organization in Andhra Pradesh and Telangana States, Union Minister for Labour & Employment Bandaru Dattatreya today advised the officers to examine the feasibility of opening new offices at Tirupati and Kurnool, apart from the regional office in the new capital city of Andhra Pradesh.

Dattatreya held a review meeting along with Jalan, IAS and Central Provident Fund Commissioner, and with the officers of Employees’ Provident Fund Organization of both the States here.

Dattatreya expressed satisfaction over efficient and effective service to provident fund members by way of settlement of provident fund, pension and insurance claims and also took stock of the progress of latest initiatives such as UAN services, online transfer of accounts, online verification of claim status, inoperative accounts helpdesk, online registration of establishments, online filing of returns and online payment facility.

The union minister said within one month UAN is going to be made mandatory and claims will be settled only where there is UAN and Aadhar number linked to such UAN.

It was informed that all the claims should be settled mandatorily within 20 days, instead of 30 days. Dattatreya also informed that a decision was taken regarding continuation of minimum pension of 1000 rupees to the pensioners of EPS 1995 on a perpetual basis, which is expected to benefit more than 19-lakh pensioners, who were drawing less than 1000 rupees pension, and the probable burden on Government of India was 847 crore rupees.

Jalan said directions were issued to activate e-life certificate, “Jeevan Praman Patra” for EPS pensioners on top-priority basis. He expressed happiness over extraordinary achievement of Employees’ Provident Fund Organization of Andhra Pradesh & Telangana Regions for issuing 1,19,40,881 annual accounts in respect of financial year 2014-2015 through batch processing on the first day of financial year 2015-2016.

It was informed that there are 39734 establishments with 85.62 lakhs membership in Telangana and 35218 establishments with 31.64 lakhs in Andhra Pradesh.  The contributions during 2014 and 2015 received in Telangana State were 5178.91 croresrupees and that in Andhra Pradesh is 1692.40 crore rupees.

The reason for huge contribution in Telangana is due to concentration of pharma and IT industry in and around Hyderabad.

It was informed that 27,000 crore rupees is held in inoperative accounts across India.  In Telangana State 1,13,084 inoperative accounts were settled, and an amount of 13,215.41 lakhs rupees was disbursed during the last three months. In Andhra Pradesh 14,051 accounts were settled for an amount of 3,849.93 lakh rupees.  (NSS)

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