Pension scheme
umesh HALKAR
(Querist) 28 July 2016
This query is : Resolved
Sir,
As per DPE gidelines All CPSU shall introduced Pension Scheme.NPCIL (Nuclear Power Corporation Of India Ltd )is one of the CPSU.
As DPE guidelines 30% of Employee salary shall contributed for Medical, PF,Gratuity AND Pension Scheme.
So far Medical,PF and Gratuity is existing (total 18%) at NPCIL.
Now NPCIL introduced 2% of Employee salary contributed by Management and 6.87% should be compulsory contribution for Post retirement Pension scheme and it will come in force if 40% of employees(minority of employees) are opted. But opted Employees are less than 40%.And also circulated that
either PF and Gratuity or Gratuity and Pension Shall OPTand NPCIL is not following DPE guidelines since corporation is following CDA pattern pay scale not IDA.
2.Now as per DPE guidelines 30% should be given.So any individual registered association can approach the Courts of Law directly or Any NEW proposal can submit the Management for consideration / Negotiation.
3.What is time limit for Prejudicial Notice.
regards
Sudhir Kumar, Advocate
(Expert) 29 July 2016
whether this PSU is exempted from EPFO and allowed to have its own trust.
umesh HALKAR
(Querist) 29 July 2016
Yes Sir For EPF own Trust
regards
umesh HALKAR
(Querist) 31 March 2017
Sir,
As per DPE guidelines Total 30% should be given. Why this type of discrimination.
regards
