From "ram2hr" : Dear HR Veterans
Here is a good news for all the employees as well for all The HR Department...The Governement is planning to give PF - Passbook as how we get passbook for bank accounts.....This i get to know from a high official working in Central Government Hats off to the implementation.....
Regards,
-漫~*''*舞~ ŔĂМĶĨŚĤŐŔĔ ~舞*''*~漫-
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14th February 2012 From India, Bangalore

ram2hr 91
Thank you Ari for your Feedback....
Regards,
-漫~*''*舞~ ŔĂМĶĨŚĤŐŔĔ ~舞*''*~漫-
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14th February 2012 From India, Bangalore
ram2hr 91
Thank you deepa, Vikram Singh & Riz for your feedback....
Regards,
-漫~*''*舞~ ŔĂМĶĨŚĤŐŔĔ ~舞*''*~漫-
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15th February 2012 From India, Bangalore
Gianim23 92
Hi, Is there is a notification from PF office. ALso wonder how the passbook get updated. Hope guyz this is serious news
15th February 2012 From India, Pune
D.GURUMURTHY 100
Dear Sir,
Now they are giving PF annual Slip, wherein we will be getting information of the amount due.
That itself is enough. Giving pass book is not at all possible. If they put the amount available in
on line, it is better.
Regards
D.Gurumurthy
HR/IR Consultant
15th February 2012 From India, Hyderabad
ram2hr 91
There is no such amendment or any notification For further reference you can see the news on economic times stated below..

The retirement fund body EPFO's about 50 million subscribers may get 'Contribution Card', similar to a bank pass book, which shall have details of account and will be updated every month, from April next year.

At present, it is mandatory for the employer to prepare 'Contribution Cards' and update it every month as per the provisions of the Employees' Provident Fund Scheme 1952, but such cards are not provided to subscribers.

The proposal to provide Contribution Card to subscribers from April 1, 2012, will be discussed at the meeting of the Employees' Provident Fund Organisation's (EPFO) apex decision making body the Central Board of Trustees' (CBT) on December 23, a source said.

The card will also have additional information like date of birth, nomination and family details.

EPFO has proposed the CBT, headed by the Labour Minister Mallikarjun Kharge, implementation of this proposal from April 1, 2012.

Earlier, the body had worked out a proposal to provide pass books to certain category of subscribers engaged in unorganised sectors, like building and construction, and brick kiln.



However, EPFO did not implement the scheme fearing that it might face difficulties as labourers change jobs frequently.

EPFO had argued that "it will be difficult for a worker to continue with the pass book when he changes his employment from unorganised to organised sector."

In order to overcome the problem, the EPFO wants the trustees to consider a uniform scheme to cover all subscribers 4.72 crore.

Source: Economic Times

Regards,

-漫~*''*舞~ ŔĂМĶĨŚĤŐŔĔ ~舞*''*~漫-

▁ ▂ ▄ ▅ ▆ ▇ █ вέ Ļίķέ мίŕŕόŕ █ ▇ ▆ ▅ ▄ ▂ ▁
15th February 2012 From India, Bangalore
ram2hr 91
The retirement fund body EPFO's about 50 million subscribers may get 'Contribution Card', similar to a bank pass book, which shall have details of account and will be updated every month, from April next year.

At present, it is mandatory for the employer to prepare 'Contribution Cards' and update it every month as per the provisions of the Employees' Provident Fund Scheme 1952, but such cards are not provided to subscribers.

The proposal to provide Contribution Card to subscribers from April 1, 2012, will be discussed at the meeting of the Employees' Provident Fund Organisation's (EPFO) apex decision making body the Central Board of Trustees' (CBT) on December 23, a source said.

The card will also have additional information like date of birth, nomination and family details.

EPFO has proposed the CBT, headed by the Labour Minister Mallikarjun Kharge, implementation of this proposal from April 1, 2012.

Earlier, the body had worked out a proposal to provide pass books to certain category of subscribers engaged in unorganised sectors, like building and construction, and brick kiln.

However, EPFO did not implement the scheme fearing that it might face difficulties as labourers change jobs frequently.

EPFO had argued that "it will be difficult for a worker to continue with the pass book when he changes his employment from unorganised to organised sector."

In order to overcome the problem, the EPFO wants the trustees to consider a uniform scheme to cover all subscribers 4.72 crore.

Source: Economic Times

Regards,

-漫~*''*舞~ ŔĂМĶĨŚĤŐŔĔ ~舞*''*~漫-

▁ ▂ ▄ ▅ ▆ ▇ █ вέ Ļίķέ мίŕŕόŕ █ ▇ ▆ ▅ ▄ ▂ ▁
15th February 2012 From India, Bangalore
ram2hr 91
Thank you for your feedback Mr.Kannan.M, Mr.As Patil, Mr.Granim, Mr.Gurumurthy, Mr.Seetarama...
Regards,
-漫~*''*舞~ ŔĂМĶĨŚĤŐŔĔ ~舞*''*~漫-
▁ ▂ ▄ ▅ ▆ ▇ █ вέ Ļίķέ мίŕŕόŕ █ ▇ ▆ ▅ ▄ ▂ ▁
Manager-HR
15th February 2012 From India, Bangalore
MR.SEETARAMA MOGER 8
Dear All,
It's not only positive way and also have difficulties,
As Mr.Ram informed that most of Employees looking to jump one job to another on the desire of higher salary, in that way should be need good solution for that problems,PF Passbook will be make suffer to all of us.
In that case have any notification please reveal the issue...!
Thanks.
15th February 2012 From India, Hyderabad
ram2hr 91
Thanks a lot Mr.Seetaraman
Definitely Agree with you Mr.Seetaraman but we cannot judge what the difficulties we face practically but this is the pass book which is transparent as many contractors are cheating without paying the Employees Pf so once if this is implemented all the employees will be aware of their balances and their monthly contributions....
Regards,
-漫~*''*舞~ ŔĂМĶĨŚĤŐŔĔ ~舞*''*~漫-
▁ ▂ ▄ ▅ ▆ ▇ █ вέ Ļίķέ мίŕŕόŕ █ ▇ ▆ ▅ ▄ ▂ ▁
16th February 2012 From India, Bangalore
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