New Delhi: Retired employees of Air India have said that the absence of pensions is causing them hardship. "Considering the rate of inflation and devaluation of rupee in India, the accumulated Provident Fund received by the employees of Air India does not facilitate them to meet their basic needs after retirement. Hence, without any steady income and any pension, it is causing financial hardship to us, retired employees," they said.
The retired employees have now asked the Labour Ministry to bring Air India under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 to avail pension after retirement.
"We, the retired employees of Air India Ltd, hereby request you to do the needful on our matter to bring Air India under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 to avail pension through Employees' Pension Scheme, 1995 in place of the existing coverage under the Provident Funds Act, 1925.
"Further, with limited source of income, we are not in a position to fight it out with Air India management legally and hence request your kind intervention to sort out this issue positively in our favour," the retired employees said in a letter to Labour Minister Santosh Gangwar.
"We are sure that you will be able to bring positive change and succeed in bringing uniformity in application of EPF MP Act, 1952 and bringing all left-out Government agencies under its ambit," they said.
The Standing Committee on Labour has recommended that the Ministry should now proactively explore the possibilities of amending the obsolete 1925 act and merge all the PF trusts of all establishments/organisations under it into a single body/trust.
29/09/20 IANS/India TV
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