Panaji: The employees’ provident fund organisation (EPFO) has appealed to Goan companies to take advantage of the one-time scheme introduced by the ministry of labour and employment and settle pending disputes relating to pension payments and contributions.The scheme, which came into effect last month, will remain open for six months, providing employers with an opportunity to resolve long-pending cases through a simplified online process at reduced fines.According to EPFO Goa, the scheme covers pending litigation cases, finalised recovery cases where dues are yet to be recovered and pre-adjudication cases where notices have either been issued or are yet to be issued.One of the major benefits of the scheme is the reduction in damages for eligible establishments. Employers who opt for the scheme can also avoid prolonged litigation before judicial forums and receive a digitally signed VISHWAS certificate after successful settlement.Applications can be submitted online through the EPFO employer portal after payment of the applicable interest amount and fulfilment of other prescribed conditions.
