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COAL PF FUND
AIACE seeks govt intervention in non-payment of interest due to delayed CIL pension schemeAround 10,000 executives have superannuated from the services of Coal India Ltd (CIL) from January 1, 2007, to March 31, 2020.- The economic stimulus: More for supply, less for demandExperts say most of it is in liquidity & guarantees, and unlike many other major economies, there’s not much direct cash support or demand ...
- '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 India faces CAG heat over Rs 371 crore excess PF depositPSU accused of violating law by parking co’s share of leave encashment
- Coal mines PF body to invite fresh bids for fund managersThe organisation, which pays pensions to some 500,000 people from the coal sector, operates like the Employees Provident Fund Organisation.
- Stock market to get a boost as over 24 PFs come under EPFOWith more funds under EPFO, officials expect a large amount to be invested in equity.
- Market Movers: More domestic money heading for market; Manufacturing slows; Dollar strengthens & moreA look at top macro triggers that may move market on Tuesday.
- EPFO to be sole regulator for all categories of PFs: Parliamentary panel to Labour MinistryThe Committee is convinced that a strong regulatory system should be in place for all PF trusts.
- Piyush Goyal wants no hindrance to possession of electricity connectionsThe UDAY scheme was launched for reviving the debt-stressed state power distribution utilities, by repaying 75 per cent of the debt by issu...
- Now, a PF app for Coal Mines Provident Fund Organisation membersCMPF's existing web portal had been given a facelift with improved facilities for viewing claim status, account status, downloading self-ce...
- Banks charged Rs 26 crore for collecting life certificate of retired Coal India employeesCMPFO is in the process of doing away with this costly affair of collecting life certificates through banks after seeding Aadhaar with ever...
- 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...
- 'Coal block e-auction to be successful and comprehensive'"It will be done soon," Union Coal Secretary S K Srivastava said here when asked whether e-auction would be carried out in January next yea...
- Three fund houses in race to manage Rs 69,000 crore coal miners' PF corpusThe total investible funds being administered by CMPFO is worth Rs 69,421 crore, which includes Special Deposit Scheme, 1975 funds to the t...
- Finance Ministry ups GPF interest rate to 8.6%; move likely to boost EPF rate next yearA similar rate hike has also been effected in SDS where nong overnment retirement funds have invested over Rs1,10,000 crore.
- Higher return on PPF, NSC triggers similar rate hike demand for GPFGovt's decision to raise interest rates on PPF and NSC has triggered a clamour for a similar rate hike on the retirement savings.
- CIL unions threaten strike, seek higher pay; stock downCoal India unions have threatened a three-day strike if the company does not raise salaries next month.
- Coal India unions threaten strike, seek higher payA new wage agreement should be worked out before the existing deal lapses on June 30, failing which the unions will call strike.
- Govt keeps Rs 1 cr for pension regulatorThe government has set aside a token provision of Rs 1 crore for the Pension Fund Regulatory and Development Authority, which will be set u...
- Govt to invite private funds to run pensionThe government, which is struggling with a Rs 23,158-crore annual pension bill, is close to throwing open the management of government empl...
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