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Trade unions protest against provident fund act amendment

In a written objection to the proposed amendments, the central trade unions said do away with the proposal empowering central government to decide on the rate on contribution to the PF.

, ET Bureau|
Sep 24, 2019, 05.43 PM IST
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10 central trade unions, barring the RSS-affiliate Bhartiya Mazdoor Sangh, on Tuesday boycotted the tripartite consultation on amendment to the Employees Provident Fund & Miscellaneous Provision Act, 1952 after labour ministry failed to invite a prominent trade union INTUC for the consultation.

“As you have not invited one of our important central trade unions, INTUC, for the above referred meeting, we are constrained to place on record our strong objections once again for this unfair and untenable action of the government which is against the spirit of tripartism. So we all central trade unions have decided not to participate in this meeting,” 10 central trade unions said in a joint memorandum sent to labour minister Santosh Kumar Gangwar.

“Moreover as you have not been seriously taking our opinion into consideration in any tripartite consultations, we have decided to send our comments only in writing to you, rather than attending in person,” it said.

The 10 trade unions which jointly boycotted the consultation include INTUC, AITUC, HMS, CITU, AIUTUC, TUCC,SEWA, AICCTU, LPF and UTUC.

In a written objection to the proposed amendments, the central trade unions said do away with the proposal empowering central government to decide on the rate on contribution to the PF as well the provision of giving subscribers the option to choose between the provident fund and the National Pension System as these are not in the interest of the workers.

“While proposing amendment for making option available to the employees to switch over to National Pension System (NPS), the government seeks to bring in place, a paradigm shift, the “contribution defined pension scheme”, which is in essence insisting the employees to purchase their old age pension from the market, where their own life-long savings for pension will be deployed for speculation,” it said, adding that this is a betrayal to the very concept of social security and pension.

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