Friday 17 January 2020
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business-standard - 1 month ago

Employee association of CIL, SCCL to go on day-long protest over lack of pension reforms

An employee association of state-owned CIL and SCCL on Sunday said it will go on a day-long protest in the national capital on Monday, over lack of pension reforms in the coal sector. The All India Association of Coal Executives, under the banner of All India Coal Pensioners Association (AICPA), will be organising one-day dharna by coal pensioners at Jantar Mantar in New Delhi on December 9 (Monday), it said in a statement. The association says that pension of Coal India Ltd (CIL) and Singareni Collieries Company Ltd (SCCL) employees has not been reviewed since 1998 despite a provision requiring a review of the Coal Mines Pension Scheme (CMPS) every three years. The Coal Mines Provident Fund and Miscellaneous Provisions Act, 1948, paved the way for creation of a statutory body Coal Mines Provident Fund Office (CMPFO) to formulate and maintain a comprehensive pension scheme for coal employees for the welfare of retired employees in the coal sector. After passage of 50 years, a ...

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