Central Government Employees News,SEVENTH PAY COMMISSION,DEARNESS ALLOWANCE,7TH PAY COMMISSION,HBA, HRA,LTC, CCL, DoPT Orders

Get Latest News in Your eMail




OLD NEWS
Powered by Blogger.
Search News

Search This Blog

Contributors





New Scheme for Railway Employees taking voluntary retirement

Posted by binu P Sunday, June 6, 2010


Indian Railways is all set to start new scheme for its employees who take voluntary retirement from service. Under the safety related retirement scheme, railways will provide employment to one of the family member of the retiring employee. This scheme can be availed by an employee, aged between 50-57 and employed under the safety category, who have completed the minimum tenure of 20 year service.

This scheme would start with pay scale of Rs.1800 and the employee will be promoted to higher pay scale as well. Ministry will formally announce this scheme soon.

At present , there are around 2.5 lakh employees in the safety category but around 18,000 employees will benefit from the upcoming scheme. Under this scheme, apart from providing employment to one of the family members, regular pension will also be paid to the employee.




Share with the world !!

3 Responses to New Scheme for Railway Employees taking voluntary retirement

  1. pkpayyanur Says:
  2. Is this a step for privatization?

     
  3. How important are the railways in India today?
    And how does that link to the British empire?

    I've tired googling it but I cant really find anything.

     
  4. Anonymous Says:
  5. railway employees will be beneficial with this scheme...that's a good decision taken by India gov.

     

Post a Comment

Related Posts with Thumbnails