Steel Minister asks RINL to submit roadmap for pension scheme

Union Steel Minister Chaudhary Birender Singh has asked the managements of RINL and SAIL to submit plans within two months for implementation of pension scheme for executives and non-executives.

When leaders from five central trade unions, which included J. Ayodhyaram (CITU), Mantri Rajasekhar (INTUC) and D. Adinarayana (AITUC) from the city, called on Mr. Singh in New Delhi on Tuesday, they were told that the Minister had already directed the managements of PSUs under the Ministry of Steel to submit roadmap for implementing the pension scheme.

The trade union leaders said pension was due for executives from January 1, 2007 and January 1, 2012 for non-executives, the dates of last wage revision.

Wage revision

On wage revision, the Minister told them that depending on affordability, the wages would be revised.

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