Wednesday 7 June 2017

PENSION REVISION - A MYTH IF LINKED WITH PRC

04/06

NO ILLUSION ……. IT IS OFFICIAL NOW!

On 12-5-2017, the Cabinet Secretary held a meeting with Secretaries of various Departments under Govt. of India to consider report of third Pay Revision Committee(PRC) for Central Public Sector Establishments. The Minutes of the said meeting are released now. cos-meeting.pdf

Affordability: Secretary, Coal raised specific problem of Coal India Limited. But, Shri Shivasailam IAS, Joint Secretary, Telecom who represented DOT in the meeting did not raise any problem of BSNL.As such, under the affordability condition recommended by third PRC and decided by the said meeting of Committee of Secretaries, there is no chance of getting any wage revision in BSNL. Fitment benefit recommended by PRC also has been approved by the Meeting.

Those who had illusion about PRC report and its impact on pension revision should open their eyes and understand the reality and change their attitude.


02/06
As all are aware, the Wage (PAY) revision in Central Public Sector Establishments take place in two stages. 1) First, for the Executives, based on the recommendations of Pay Revision Committee.
2) Then for the Non-executives, through bilateral negotiations between Management and recognized Unions.
The third Pay Revision Committee’s report is before the Government now. The PRC permitted wage revision with a condition that the additional expenditure should not cross 20% of Profit Before Tax. With this condition, wage revision in BSNL is very remote. Cabinet Secretary held a meeting recently with Secretaries of various departments. In the said meeting DoT did not demand exemption from the affordability condition for BSNL.
Some of the leaders of BSNL Unions were demanding Pension Revision along with Wage Revision.
WHEN THERE IS NO WAGE REVISION WHERE IS THE PENSION REVISION?
They have spoiled the chance of pension revision for BSNL retirees. Meeting of various unions of BSNL staff held today has decided for agitational programmes including strike on 27-7-2017. Again, they have raised the demand of pension revision. As in the past, they will conveniently forget this demand when negotiation takes place. It is a usual game.
BSNL has to revise the wages .BSNL has no authority to revise pension. Government has to take a decision regarding pension revision. Government need not worry about affordability.
We demand Pension Revision, independent of wage revision in BSNL. Pension should be revised delinking it from the profit/loss of BSNL. It should be done based on the Seventh Central Pay Commission Recommendations.
WE HAVE SUBMITTED A MEMORANDUM TO THE MINISTER OF STATE FOR COMMUNICATIONS.

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