EPFO tight­ens PF with­drawal norms IN­FANTINO OF SWITZER­LAND IS NEW FIFA CHIEF FIR against Gir­gaum event or­gan­is­ers; fire dept to change rules

Hindustan Times ST (Mumbai) - HT Navi Mumbai Live - - HINDUSTAN TIMES - Press Trust of In­dia ht­metro@hin­dus­tan­times.com As­so­ci­ated Press ht­metro@hin­dus­tan­times.com HT Cor­re­spon­dents ht­metro@hin­dus­tan­times.com

Re­tire­ment fund body Em­ploy­ees’ Prov­i­dent Fund Or­gan­i­sa­tion (EPFO) has tight­ened norms on with­drawal of prov­i­dent fund as well in­vest­ment of such amount in Var­ishtha Pen­sion Bima Yo­jana for its over five crore sub­scribers. “Now, the sub­scribers will not be able to claim with­drawal of their prov­i­dent fund af­ter at­tain­ing age of 54 years. They would have to wait till at­tain­ing the age 57 years. The min­istry has no­ti­fied new rules,” a se­nior of­fi­cial told PTI.

As per the ear­lier norms, the EPFO sub­scribers were al­lowed to claim 90% of their ac­cu­mu­la­tions in their PF ac­count at the age of 54 years and their claims were set­tled just one year be­fore their re­tire­ment.

The of­fi­cial said that the ear­lier clause was rel­e­vant be­cause there were es­tab­lish­ments where re­tire­ment age was 55 years or 56 years.“In to­day’s sce­nario when re­tire­ment age is 58 years across all or­gan­i­sa­tion the clause of scheme is not rel­e­vant. But the big change is that now un­der this fa­cil­ity, the sub­scriber would be able to with­draw his con­tri­bu­tion and in­ter­est earned on it un­like 90 per cent of the to­tal ac­cu­mu­la­tions ear­lier.”

Gianni In­fantino pulled off a stun­ning vic­tory Fri­day to take over as FIFA pres­i­dent. The Swiss of­fi­cial re­ceived 115 of the 207 el­i­gi­ble votes in the se­cond round to earn a de­ci­sive ma­jor­ity over Sheikh Sal­man of Bahrain, who had been the strong favourite en­ter­ing the elec­tion. The 45-year-old for­mer lawyer saluted vot­ers by pat­ting his right hand over his heart, and had to com­pose him­self be­fore start­ing his ac­cep­tance speech.

“We will re­store the im­age of FIFA and the re­spect of FIFA. And ev­ery­one in the world will ap­plaud us,” In­fantino said.

Nearly two weeks af­ter a fire broke out dur­ing a Make In In­dia event at Gir­gaum, the Mum­bai po­lice on Fri­day filed an FIR against the or­gan­is­ers.

A de­fect in the elec­tric cir­cuit was the spark for the fire, which spread rapidly as a lot of com­bustible ma­te­rial, in­clud­ing LPG cylin­ders, were stored below the stage, the re­port filed by the fire brigade said. The re­port stated wil­ful neg­li­gence by the or­gan­is­ers caused the Fe­bru­ary 14 blaze that gut­ted the stage at the gala Maharashtra Night.

The spokesper­son for Mum­bai po­lice, Dhanan­jay Kulka­rni, con­firmed the FIR had been filed .

The Mum­bai fire brigade also said on Fri­day that it will start ask­ing or­gan­is­ers for an un­der­tak­ing if they want to use py­rotech­nics or fire­works dur­ing pro­grammes. A rec­om­men­da­tion for this was made in the fire bri- gade re­port.

The fire broke out dur­ing a dance per­for­mance, just a few feet from where gov­er­nor Ch Vidyasagar Rao, chief min­is­ter Deven­dra Fad­navis, Shiv Sena chief Ud­dhav Thack­eray, and ac­tors Amitabh Bachchan, Aamir Khan were seated.

Gianni In­fantino:

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