Administration Energy & Power Finance Rural Development

Coal Mines Provident Fund Organisation (CMPFO)

Coal Mines Provident Fund Organisation

The Coal Mines Provident Fund Organisation has been entrusted with the undertaking of administering the Coal Mines Provident Fund and Miscellaneous Provision Act, 1948 and different programmes framed thereunder. It is an autonomous organization governed by a Board of Trustees and functions in the overall supervision of the Ministry of Coal, Government of India.

The Coal Mines Provident Fund Organisation has been entrusted with the undertaking of administering the Coal Mines Provident Fund and Miscellaneous Provision Act, 1948 and various schemes framed thereunder. It is an autonomous organization governed by a Board of Trustees and functions under the overall supervision of the Ministry of Coal, Government of India.

  1. Coal Mines Provident Fund Organisation give the following Schemes:-
  2. Coal Mines Provident Fund Scheme
  3. Coal Mines Family Pension Scheme(merged with Pension Scheme in 1998)
  4. Coal Mines Pension Scheme
  5. Coal Mines Deposit Linked Insurance Scheme

Mission & Vision

Mission:

  1. Granting social and financial security to the employees working in the coal industry.
  2. Providing optimum returns on the contributions of the members.

Vision:

  1. Creating CMPFO one of the best social security organization internationally by providing online settlement of PF, pension and other claims for the members, online status information about their claims and real-time online grievance redressal,
  2. Maintaining the highest level of security in investments created,
  3. Making smooth systems for processing of claims and disbursements,
  4. Giving a transparent, people-friendly and responsive administration for the benefit of employees and pensioners,
  5. The protsafegaurdingecting interest of the employees Vis-a-vis their employers and enforcing the Act and Schemes with firmness, fairness, and fearlessness,
  6. Launching the most advanced tools of information technology to facilitate and improve performance, monitoring, and compliance.

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