Security agency G4S caught in pension row, EPFO asks it to cough up Rs 300 crore

[Informalisation and Labour Rights - Related News]

The Employee's Provident Fund Organization (EPFO) has ordered the country's leading private security agency G4S India to deposit Rs.300 crore after it concluded that the company deprived its workers of pension fund benefits worth that amount. In its order last week, the pension fund manager said, "The establishment {G4S Secure Solutions (India) Private Ltd) has decidedly concealed the actual benefits payable by them to the workers with regard to their PF vis-Ă -vis the amount received by them from clients."