GoI tightened PF withdrawal norms unilaterally: Unions

New Delhi: Trade unions, including Rashtriya Swayamsevak Sangh (RSS) backed Bharatiya Mazdoor Sangh (BMS), on Wednesday accused the government of unilaterally deciding to tighten the PF withdrawal norms which had led to unrest and violent protest in Bengaluru.
“The notification (issued on February 10 and withdrawn yesterday) was a unilateral decision of the government. No trade union gave its consent to that. It is a mismanagement at bureaucratic level,” BMS General Secretary and an EPFO trustee Virjesh Upadhyay told PTI.
Retirement fund body Employees’ Provident Fund Organisation (EPFO) had issued a notification on February 10, which tightened the norm of PF withdrawals. The new norms had restricted withdrawal of employers’ contribution of (3.67 per cent of basic wages) to PF account till the age of 58 years among others.
In order to oppose the move the garment factory workers organised a protest in Bengaluru, which turned violent as protestors torched state transport buses and police vehicles.

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