New Delhi, Sept. 10 -- A consumer commission has ordered the Employees' Provident Fund Organisation (EPFO) to pay 6% annual interest to a retired employee to compensate for a 35-day delay in settling his provident fund claim worth Rs.14.06 lakh.

The Mumbai Suburban District Consumer Disputes Redressal Commission categorically held EPFO guilty of 'deficiency in service' because the provident fund institution failed to settle the claim within the stipulated 20-day period under the EPF Scheme, 1952, news agency PTI reported.

The complainant, a former employee of Fleet Maritime Services (India) Pvt Ltd, stated that he submitted a complete PF claim on October 19 2016. EPFO, however, argued that the required joint declaration was missing and ...