City
Epaper

Employees seek extension of benefits in case of Air India privatisation

By IANS | Updated: December 27, 2020 14:58 IST

New Delhi, Dec 27 Air India Employees Union has asked for a meeting with Civil Aviation Minister Hardeep Puri ...

Open in App

New Delhi, Dec 27 Air India Employees Union has asked for a meeting with Civil Aviation Minister Hardeep Puri seeking extension of the medical scheme, leave encashment and provident fund benefits in the event of privatisation of Air India.

In a letter to Puri, the AIEU said that the existing medical scheme in Air India should be continued as it is for the serving and retired employees.

On provident fund, the union said that there are two separate Provident Fund trusts in erstwhile Air India and erstwhile Indian Airlines which are governed by the 1925 PF Trust Act.

"We would like these trusts to be continued as it is in the case of privatisation/disinvestment of Air India," the union said.

On leave encashment, AIEU said there is a practice of availing the benefit of leave encashment at the time of retirement.

"Several employees depend on this benefit to lead a decent retired life. We fear this benefit may be discontinued in case of privatisation of Air India and employees will suffer huge financial losses. Therefore, AIEU would like to propose that the employees should be paid leave encashment allowance till March 31, 2021," the letter said.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

Other SportsBrazil's tennis star Fonseca sets sights on world top 15

NationalTamil Nadu: Premalatha rejects seat-share buzz, says DMDK alliance call after upcoming conference

NationalBihar: Jitan Ram Manjhi presses for Rajya Sabha seat

NationalFIR over Santa Claus video: Delhi chief Virendra Sachdeva slams AAP’s petty politics

Navi MumbaiNavi Mumbai International Airport Starts Commercial Flights; 15 Departures on Inaugural Day, 40 Expected by January-End

Business Realted Stories

BusinessIndian companies raise record Rs 1.95 trillion through over 365 IPOs in 2025: Motilal Oswal Report

BusinessMumbai becomes India's first true double-airport metropolis, possible by synergy of double-engine NDA govt: Civil Aviation Minister

BusinessFSSAI cracks down on ‘herbal tea’, says only Camellia sinensis qualifies

BusinessCoaching institute fined Rs 11 lakh for misleading ad on UPSC CSE results

Business92,000 govt jobs provided, over 2 lakh jobs in private sector: Rajasthan CM