coal mines provident fund and other schemes

(4) The Board shall perform such other functions as it may be required to perform by or under any provisions of 23[the Coal Mines Provident Fund Scheme] 24[, the [Coal Mines Pension Scheme]25 and the Insurance Scheme]. 3-B. Board of Trustees to be a body corporate. The Board of Trustees constituted under Section 3-A shall be a body corporate ...

Short title, commencement and application . - (1) This Scheme may be called The Coal Mines Pension Scheme, 1998. (2) It shall come into force from such date as the Central Government may, by notification in the Official Gazette, appoint. (3) It shall apply to the employees of the coal mines to which the Coal Mines Provident Fund Scheme, 1948 ...

(EFFECTIVE FROM 31 ST MARCH 1998) G.S.R. 123 (E)-In exercise of the powers conferred by section 3E of the Coal Mines Provident Fund and Miscellaneous Provisions Act, 1948 (46 of 1948) and in super session of the Coal Mines Family Pension Scheme, 1971, except as respects things done or omitted to be done before such super session, the Central Government hereby makes the following scheme, …

Pension generally means govt pension or pension under national pension scheme (NPS) . CMPF pension is pension given to coal india employees mostly ( or employees working in coal mines likes singreni coal mines, tata collieries etc) . It is not ava...

coal mines deposit linked insurance scheme - notification ... coal mines regulations 1957 . coal mines provident fund organization and members manual . m.p. rehabilitation rule 1991 . mines act 1952 ... environment & forest. land & revenue. safety & rescue. other manuals . link . mar -officeorders-mcl. e-procurement manual. contract management ...

Special systems for coal miners, railway employees, and . public-sector employees. Social assistance: Needy older persons and poor house-holds when the primary breadwinner dies. Separate informal-sector schemes exist for certain artisans . and the rural landless. Source of Funds. Insured person. Provident fund: 12% of basic wages (10% in specified

The Coal Mines Provident Fund Scheme was launched in 1948. The success of this fund led to demand for its expansion to other industries. The Constitution of India enacted in 1950 a non-justiciable directive that the State shall, within the limits of its economic capacity, ...

Jan 19, 2017· Separate Provident fund legislation exists for workers employed in Coal Mines and Tea Plantations in the State of Assam and for seamen. Employees Pension Scheme 1995 came into force on 16 November, 1995 and applies to the employees of all factories and other establishments to which the Employees' Provident Funds and Miscellaneous Provisions Act ...

An Act to make provision for the framing of a Provident Fund Scheme ' (a Family Pension Scheme), 2a Deposit-Linked Insurance Scheme/ and a Bonus Scheme for persons employed in coal mines. ... 1.Short title and extent.4[(1) This Act may be called the Coal Mines Provident Fund and Miscellaneous Provisions Act. 1948.)5[(2) It extends to the whole ...

2 COAL MINES PENSION SCHEME MINISTRY OF COAL NOTIFICATION New Delhi, the 20 th March, 1998 S.O.232 (E) – In exercise of the powers conferred by sub-section (2) of section 1 of the Coal Mines Provident Fund and Miscellaneous Provisions (Amendment)Act, 1996 (23 of 1996), the Central Government hereby appoints the 31 st day of March, 1998 as the date on which the said Act shall …

May 28, 2019· Kolkata: Coal Mines Provident Fund Organisation (CMPFO) has invited portfolio managers to handle its investible corpus, estimated at Rs 1.06 lakh crore, the commission for which is expected to be at least Rs 100 crore annually. It is one of the largest funds of its kind and the money belongs to coal workers. CMPFO is the custodian of this fund. Consultancy firm Brickwork India was …

Any amount standing to the credit of any member in the Fund at the time of his death and payable to his nominee under the Coal Mines Provident Fund Scheme shall, subject to any deduction authorised by the said scheme, vest in the nominee and shall be free from any debt or other liability incurred by the deceased or incurred by the nominee ...

Coal Mines Provident Fund Organisation (CMPF) is an agency of the Indian government established in 1948 under The Coal Mines Provident Fund and Miscellaneous Provisions Act 1948. It serves as the official pension fund of coal miners and is financed by coal producers on a per-tonne basis. The fund pays the pensions of about 500,000 former coal miners, and has been considered financially ...

The Organisation administers the Coal Mines Provident Fund Scheme, 1948, Coal Mines Family Pension Scheme, 1971 since superseded by a new scheme namely Coal Mines Pension Scheme, 1998 which was brought into force w.e.f. 31.3.98 and the Coal Mines Deposit Linked Insurance Scheme, 1976 which are all framed under the aforesaid Act.

1965, s.2, for cl. (d) (w.e.f. 1-4-1966). 279 (2) for the purposes of the Coal Mines Provident Fund Scheme, also (i) any other person who is employed as a sanitary worker, mali, teacher or domestic servant in or in connection with a coal mine and who receives wages directly from the employer, and (ii)

Coal Mines Provident Fund Organisation (CMPF) is an agency of the Indian government established in 1948 under The Coal Mines Provident Fund and Miscellaneous Provisions Act 1948. It serves as the official pension fund of coal miners and is financed by coal producers on a per-tonne basis. The fund pays the pensions of about 500,000 former coal miners, and has been considered financially ...

3. Coal Mines Provident Fund Scheme.—(1) The Central Government may, by notification in the Official Gazette, frame a scheme to be called the Coal Mines Provident Fund Scheme a for the establishment of a provident fund for 2[employees] and specify the coal mines to which the said scheme shall apply.

Get information about the Coal Mines Provident Fund Organisation (CMPFO). Information is given about the corporate governance, employees memberships, contribution, refund submission etc. Detailed information about the Coal Mines Provident Fund scheme is given.

The Coal Mines Pension Scheme The Coal Mines Deposit Linked Insurance Scheme Coal Mines Provident Fund Scheme, 1948 The Coal Mines Provident Fund Scheme framed under the Coal Mines Provident Fund and Miscellaneous Provisions Act, 1948 provides Provident fund benefits to all employees of coal mines in India. Neyveli Lignite Corporation is not ...

In this Act, unless there is anything repugnant in the subject or context, (a) "bonus" means any sum of money payable to an [employee] under the Coal Mines Bonus Scheme framed und

The Pension scheme was introduced as per notification vide GSR 23(E) dated 05.03.1998 under Coal Mines Provident Fund and Miscellaneous provisions (Amendment) Act,1996 (23 of 1996) notified under S.O.No.232(E) dated 20.03.1998 w.e.f. 01.04.1998.

of my/my ward's credit in the Coal Mines Provident Fund at the time of my/my ward's death shall be paid to the following person(s) in ... for the purpose of the Coal Mines Provident Fund scheme. Name and address of the Guardian Relationship of the Guardian ... Signature of the Manager or other Officer Designation Name & Address of the Coal Mine

The CMPFO manages Coal Mines Provident Fund Scheme, Coal Mines Family Pension Scheme, Coal Mines Pension Scheme and Coal Mines Deposit linked Insurance Scheme. A CMPFO official said that it wasn't a crisis for the 4.5 lakh pensioners and can be easily adjusted. Both the employer and employees' contribution is spread across four funds and ...

Sub: - Request for registering the Coal Mines Provident Fund Organisation as a Pension Disbursing agency in Jeevan praman portal-Regarding. Sir, With reference to the subject cited above, this is to say that Coal Mines Provident Fund Organisation is a statutory Organisation under administrative control of Ministry of Coal, Government of India.

COAL MINES PROVIDENT SCHEME Coal Mines Provident Fund Organization is a statutory organization and was established under Coal Mines Provident frnd and Miscellaneous Provisions Act, 1948 for administration and implementation of following Schemes. The salient features of the Scheme are enumerated below:- . It applies to all Coal Mines ...

Section 3E in the Coal Mines Provident Fund and Miscellaneous Provisions Act, 1948 ... frame a scheme to be called the Coal Mines Pension Scheme for the purpose of providing for ... any other contribution which may be made to the Pension Fund with the previous approval of …

Section 3: Coal Mines Provident Fund Scheme. (1) The Central Government may, by notification in theOfficial Gazette, frame a scheme to be called the Coal Mines Provident Fund Scheme a for theestablishment of a provident fund for 1 [employees] and specify the coal mines to which the said schemeshall apply. 2 [ (1A) The Fund shall vest in, and be ...

Coal Mines Provident Fund and Miscellaneous Provisions Act, 1948 Makes provisions for framing provident fund, pension, deposit linked-Insurance and bonus schemes for persons employed in coal mines. Provident Funds Act, 1925 Deals with provident funds primarily relating to the government, local authorities, Railways and certain other institutions.

Jan 25, 2020· The Court noted that Clause 64 of the Coal Mines Provident Fund Scheme states that the whole amount shall be payable to the person legally entitled to it and on the last proviso which further lays down that if the amount to be paid exceeds Rs 25,000 then no payment shall be made to a person unless he is in possession of succession certificate issued in his name by the competent court.

Provided that where any member on becoming an excluded employee as mentioned above, before the commencement of the Coal Mines Provident Fund (Amendment) Scheme 1970, has been made a member of any Provident Fund other than the Coal Mines Provident Fund, such member shall be required to contribute to the later Fund from such date as the ...