The 111th meeting of the Executive Committee (EC) of the Central Board of Trustees, Employees’ Provident Fund (EPF), was held on January 18, 2025 at the EPFO Head Office, New Delhi. Chaired by Ms Sumita Dawra, Secretary of the Ministry of Labour and Employment, the meeting witnessed the participation of senior officials from the ministry, EPFO representatives, and employer and employee representatives.
The meeting covered several key reforms aimed at enhancing efficiency, transparency, and member satisfaction.
The implementation of CITES 2.01 was a major agenda point. This system consolidates EPF data, allowing for a UAN-based ledger that ensures quicker access to funds and streamlined claim processing. The successful rollout of the Centralised Pension Payment System (CPPS) was also reviewed, which benefits 68 lakh pensioners through timely and accurate disbursement of pensions.
To address litigation challenges, the committee discussed the adoption of ADR mechanisms. This initiative aims to:
The committee reviewed significant progress in processing over 1 lakh cases in the past month. Key updates include:
The grievance redressal process was analysed for systemic improvements, with a focus on:
The reforms aim to resolve the root causes of grievances, creating a smoother experience for EPFO members.
The decisions made during the 111th EC meeting mark a significant step toward transforming EPFO systems. Enhanced efficiency, reduced delays, and greater satisfaction for members and pensioners reflect the organisation’s commitment to modernisation and member-centric service delivery.
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Published on: Jan 20, 2025, 2:22 PM IST
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