The Employees' Provident Fund Organisation on Wednesday categorically ruled out differential rates for its 3 crore (30 million) subscribers.
"It is clarified that no such discussion took place during the (June 30) meeting of the Central Board of Trustees and such a proposition was neither mooted nor considered," Regional Provident Fund Commissioner U C Tewari said in a statement.
The assertion comes in the wake of reports that the June 30 meeting had considered an option of declaring differential rate of interest for different categories of EPF members.
"All members, whether covered through mandate of law or in a voluntary manner, are indistinguishable once they become members," he said in the statement.
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