Centre forms four panels to look into EPFO functioning

The Union Government has formed four ad-hoc board-level committees to look into the functioning of different aspects of the Employees’ Provident Fund Organisation (EPFO), including IT, communications and pension. Union Labour and Employment Minister Bhupender Yadav, who chairs the Central Board of Trustees of the EPFO that manages about ₹15 lakh crore of retirement savings, approved the formation of these panels. All the committees, notified on November 27, have been granted a tenure of three months.