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COAL WORKERS PENSION
Coal stocks at thermal power stations to last 17 days, says senior officialSpeaking about the coal supply to Mahagenco and other power companies, coal secretary Anil Kumar Jain said the WCL was supposed to give 1.5...- CMPFO dismantles panel studying EPFO mergerLate last month, CMPFO had in a letter informed that a three-member panel was formed to examine the merger following a letter from the mini...
- CIL board to take up PF contribution planCoal India board will soon consider a proposal to voluntarily contribute Rs 10 to the Coal Mines Pension Fund for each tonne of coal sold. ...
- EPFO, CMPFO merger on cardsCMPFO’s payments have started exceeding inflow since 2016-17.
- 'Coal companies must make extra voluntary contribution to staff pension fund'Coal Mines Provident Fund Organisation commissioner Animesh Bharti told ET: “Following a recent resolution by the trustee board of the CMPF...
- Coal mines PFO to impose levy on member companies' productionThe levy is estimated to raise Rs 650 crore from Coal India this year if it manages to meet its yearly production target. The resulting inc...
- Seven funds keen to manage CMPFO’s over Rs 1 lakh crore corpusConsultancy Brickwork India was recently appointed to guide the organisation through the selection process.
- Coal Mines Provident Fund Organisation invites portfolio managers to handle its corpusConsultancy firm Brickwork India was recently appointed to guide the organisation through the selection process.
- Panel suggests pension cap for coal workers at Rs 45,000/MonthA panel set up by the Coal Mines Provident Fund Organisation has recommended that the monthly pension for retired workers be capped at ₹45,...
- 70,000 contract workers to get Coal Mines PF coverThe govt is planning to transfer workers covered by EPFO in the coal mining industry to CMPFO. Those who are not members of any provident f...
- Cash crunch keeps 5 lakh CIL pensioners in lurchThe company’s pension and provident funds are managed by Coal Mines Provident Fund Organisation (CMPFO), a body which takes care of social ...
- CIL & worker unions agree on hike, no accord on jobs to kin“Employment of family members has been part of the salary agreement since the nationalisation of Coal India,” said SQ Zama, secretary gener...
- CIL unions seek Rs 20 per tonne levy for company's pension fundEmployees also want to increase their contribution to the fund to 7% of their salary from 4.91% and the company to contribute a similar per...
- Coal India Unions call for cess to fund pensionsThe pension fund receives money from contribution by existing employees and interest from instruments apart from a small contribution by th...
- Coal India strike; PSU management to meet unions next weekAmid a strike call by Coal India worker unions, the company management is likely to meet the protesting unions next week over the issue.
- CITU, INTUC shun Coal Ministry meet on strikeThe operating trade unions in coal industry and common coal workers are against further 10 per cent disinvestment in Coal India Ltd.
- Coal PF to take fresh look at managers for Rs 70,000 crore corpusAnimesh Bharti said CMPFO will take up the issue in the next meeting of the BoT and SBI, which has been managing the fund so far, will cont...
- Reliance Capital, ICICI Securities to manage Rs 60,000 crore coal PF FundDecision was taken by the board of trustees (BOT) of the Coal Mines Provident Fund Organisation (CMPFO) in its meeting, chaired by Coal Sec...
- Tough days ahead for CIL if private players sell coal in open marketCIL’s 5 unions likely to meet coal minister Piyush Goyal next week & decide their course of action, including whether to resort to industri...
- Coal employee unions threaten three-day strike from Aug 8Coal India employees affiliated to five central trade unions have threatened to go on a three-day strike from August 8 to protest delay in ...
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