Amendment status not verified — confirm the current text below against the official source.
The Board shall be responsible for- (a) all matters connected with the administration of the Pension Fund; (b) laying down policies for the deposit of the Pension Fund from time to time; (c) submission of annual report to Government on the working of the Scheme; (d) collection of contribution to the Pension Fund; (e) launching of prosecution against societies; (f) speedy settlement of claims and sanction of pension; (g) proper and timely recovery of any amount due to the Board; (h) proper maintenance of accounts; (i) annual audit of accounts of the Board; and (j) any other matter that may be entrusted to it by the Government.