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With paltry Rs 73 monthly pension, former Coal India employees seek immediate revision of scheme

Wednesday, 27 August 2014 - 2:59pm IST | Place: Nagpur | Agency: PTI

The former employees of Coal India Ltd have demanded that their pensions be revised, as the current pension scheme was implemented over 15 years ago.
Some of the retired employees are drawing as less as Rs 73 per month, while a former chairman was entitled to only Rs 2,344 per month, according to Federation of Coal Industry Retired Employees Association.
President of Federation, J N Singh, a former director of CIL subsidiary WCL, said at a press conference here yesterday that the former employee who was getting a pension of Rs 73 had in fact requested the CIL to stop paying him altogether.
Former chairman R K Sharma was getting Rs 2,344, a pittance considering the post he held, Singh said.
Federation's general secretary O P Miglani, also a former director of WCL, said the current pension scheme was introduced in 1998, and it was never revised.
The Federation was thinking of moving the High Court or the Supreme Court over the issue, he said.




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