As indicated in our circular letter No.3, we give hereunder the decisions taken on each of the items discussed at the National Anomaly Committee meeting held on 15th Feb. 2011. With greetings, Yours fraternally, K.K.N. Kutty Secretary General. Item No.11. The Staff side has agreed to specify the items of allowance which requires to be […]
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Railway Employees’ Welfare, Recruitment and Training
The Minister for Railways, Mamata Banerjee announced a number of measures for the welfare of Railway employees in her budget speech in Parliament today. They are as follows:- 1. Expand the scope of Liberalised Active Retirement Scheme for Guaranteed Employment for safety category staff by enhancing the existing criteria of grade pay from Rs. […]
Trade unions’ rally to protest against price rise
An estimated 1.5 lakh workers affiliated to various trade unions joined a march to Parliament on Wednesday, protesting against high food prices, unemployment and demanding a social security fund for unorganised workers. Members of the Indian National Trade Union Congress , a Congress-affiliated trade union, joined other trade unions, in a rare display of unity. […]
Increase in Interest Rate on EPF
For the financial year 2010-2011, 9.5% rate of interest on EPF has been recommended by the Central Board of Trustees, Employees’ Provident Fund [CBT(EPF)] in the 190th meeting held on 15.09.2010 based on the funds available in the interest suspense account. The Ministry of Labour & Employment has forwarded the recommendation of CBT to the […]
Enhancement of Pension Under EPS, 1995
The Central Government constituted an Expert Committee for review of the Employees’ Pension Scheme, 1995. The Expert Committee considered the various demands of pensioners including enhancement of pension under the Employees’ Pension Scheme, 1995. The Expert Committee has submitted its report to the Central Government on 05.08.2010 and recommendations are presently under examination/consideration of the […]