Dear All Middle Level and above Managers HR/ Personnel
The other day, I was attending a seminar on EPF and MP Act/ Rules.
From the discussion it so transpired that PF dept has three roles to play simultaneously, i.e., Service Provider to those that deposit money to them (Employer and employee), Arbitrator (Essentially to the Employers who are responsible to deposit the contributions), and Policy makers, as far as Social Security is concerned.
I have often wondered, how can a person/ organisation work successfully as owners of all the above mentioned roles/ functions, without being biased. Further from my experience of the efficiency of the Dept on provision of the services in terms of say, PF Drawals, Pension fixation, transfers under Form 13, and EDLI, has lot to be desired.
During the discussion, I threw the dice to propose the possibility of PF Service Providers to be Privatised.
The thought of Privatisation of the PF and ESI Depts has been placed here for discussion amongst Middle and above level Managers in the profession to brainstorm and provide their views and recommendations.
I do apologise to the PF dept officials and request them not to take it personal
Regards,
Pradeep Bajaj
The other day, I was attending a seminar on EPF and MP Act/ Rules.
From the discussion it so transpired that PF dept has three roles to play simultaneously, i.e., Service Provider to those that deposit money to them (Employer and employee), Arbitrator (Essentially to the Employers who are responsible to deposit the contributions), and Policy makers, as far as Social Security is concerned.
I have often wondered, how can a person/ organisation work successfully as owners of all the above mentioned roles/ functions, without being biased. Further from my experience of the efficiency of the Dept on provision of the services in terms of say, PF Drawals, Pension fixation, transfers under Form 13, and EDLI, has lot to be desired.
During the discussion, I threw the dice to propose the possibility of PF Service Providers to be Privatised.
The thought of Privatisation of the PF and ESI Depts has been placed here for discussion amongst Middle and above level Managers in the profession to brainstorm and provide their views and recommendations.
I do apologise to the PF dept officials and request them not to take it personal
Regards,
Pradeep Bajaj