Coal Mines Provident Fund Organisation
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.[1] It serves as the official pension fund of coal miners and is financed by coal producers on a per-tonne basis.[2] The fund pays the pensions of about 500,000 former coal miners, and has been considered financially precarious since 2017. [3]
Agency overview | |
---|---|
Jurisdiction | Republic of India |
Headquarters | Office of the Coal Mines Provident Fund Commissioner, Police Line, Dhanbad-826001 (Jharkhand) |
Agency executive |
|
Website | Official website |
References
- "Coal Mines Provident Fund Organisation". cmpfo.gov.in. Retrieved 27 September 2015.
- Sengupta, Debjoy (9 May 2020). "CIL board to take up PF contribution plan". The Economic Times. Retrieved 20 May 2020.
- Sengupta, Debjoy (7 May 2020). "EPFO, CMPFO merger on cards". The Economic Times. Retrieved 20 May 2020.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.