Dear Friends,
The hunger fast led by CHQ President Sri. R P Shahu still continuing. All members are requested to be in the part of full fledged organisational action.
Together we have, Together we can, Together we will. DR Unity Zindabad....
'..Superannuation.? What the heck it is.. I am more concerned about what do I get now.. '
Most of us had been made to think that way by BSNL. BSNL only pays the 18% of Basic + DA as superannuation benefits, instead of DPEs proposed 30%. In the final analysis, the 12% that BSNL doesn't pay makes a huge difference.
What we have already Lost
A calculation of the benefits we have lost till 31.12.2013 because of BSNL refusing to give us the 30% Superannuation Benefits, which had been made mandatory for CPSUs according to the Department of Public Enterprises, 2nd Pay Revision Commission.
| Batch |
Loss up to |
Calculation of Avg Loss in |
Avg Loss In Retirement |
| 2009 | 1.5 | 1.5(1+0.085)33 | 22 |
| 2007 | 1.8 | 1.8(1+0.085)32 | 24.5 |
| 2005 | 4.5 | 4.5(1+0.085)30 | 52 |
| 2002 | 6.5 | 6.5(1+0.085)26 | 54 |
| 2001 | 7 | 7(1+0.085)26 | 58 |
You should know that according to Govt rules any Company in India should ensure Basic, DA and Superannuation benefits to all employees before giving additional perks like TA etc. But in BSNL a section of the Employees (DoT Absorbees) have been accorded full benefits (Basic, DA, TA, Pension
..etc) while another section's (Direct Recruits) benefits are cut (only 18% superannuation benefits instead of 30%), citing financial burden to BSNL. So we Direct Recruits are supposed to be content with the Rs.3250/- EPF Pension that would be given to us after 30 years of service.
This means that the Cost to Company for a Direct Recruit in the present condition is much lower than that of his DoT Absorbee counterpart. So we are a kind of second class workers in BSNL, working for much lower wages for the same job as compared to our DoT Absorbee counterparts, because of BSNL not having implemented the DPE 2nd PRC in full. The money we have already lost till NOW would have easily yielded us monthly interest amount of Rs.6500/- by the time of retirement (twice the pension amount we are going to receive after 30 years of service).
Friends its time to take tough decisions. The time to act is NOW. Nothing can be done about what we have already lost. But if we don't act now then we have no one but ourselves to blame for our fate.
Read corporate office Order
AIGETOA Kerala Circle Commettee meeting will be held on 26th January at Sishak Sadan Ernakulam between 10AM to 5PM. All DS DP DFS and circle commettee members are requested to attend the meeting on time.
The tenure of the 'Soft Tenure Areas' stand enhanced from the existing two years to three Years. Read order Page1 Page2 Page3 Page4 Page5
"One of my friend had the story of how his WiFi modem had suddenly stopped working. He took it to the nearest BSNL customer care. He said the modem was set right and returned within minutes". This was unthinkable a decade ago. What had changed in the ten years? Read media report
DPE awarded excellent grading for BSNL on the basis of the compliance with Guidlines on Corporate Governance. View Letter
The Kochi Centre offers a 2 year long Executive Diploma Program in Management. The first batch of the program was admitted in April 2013. The program for the second batch of EPGP-PT is scheduled to commence in February 2014 and is expected to finish by March 2016. This program is offered in two batches i.e. Evening Batch and Week-end Batch. While the evening batch will have their classes during the evening hours on week days, the week-end batch will attend the classes on saturdays and sundays. Read more...
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Address: AIGETOA Office , 6th Floor , O/o CGMT BSNL , PMG Junction , Trivandrum , Kerala PIN 695033
Read instructions for BSNL executives, appearing for DR DGM examination.
The selected partner will take over BSNL's entire IT requirements across all services, including fixed line and mobile billing. Read media report
On 3rd October Newly Elected SSA Body met PGM Ernakulam and discussed various issues.
