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    Home»Protests and strikes»Coal employees protest against pension woes
    Protests and strikes

    Coal employees protest against pension woes

    HRK News BureauBy HRK News BureauDecember 9, 2019Updated:December 9, 20192 Mins Read7017 Views
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    Coal employees protest against pension woes
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    An employees’ association of Coal India (CIL) and Singareni Collieries Company (SCCL) will be organising a day-long protest in the capital on 9 December, 2019, over non-revision of pension.

    In 1948, the Coal Mines Provident and Miscellaneous Provisions Act led to the creation of a statutory body called the Coal Mines Provident Fund Office. This body was to oversee the formulation and maintenance of a comprehensive pension scheme for the retired coal employees.

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    After almost fifty years, a Coal Mines Pension Scheme (CMPS) came into existence in 1998. According to the scheme, all employees were eligible for provisions effective from April, 1994. The Act mandated a revision of the scheme after every three years in order to distribute fair pension for the retirees.

    However, despite such a provision, revisions have not been carried out. As a result, senior-level employees, who retired before 1997, are still surviving on measly sums of Rs. 1000–3000.

    On the other hand, low-ranking employees who are presently about to retire, are eligible for a minimum pension of Rs. 10,000, due to increase in salary in 2007, the 2017 pay revision for executives, and a different National Coal Wage Agreement (NCWA) over the last two decades.

    According to media reports, the employees’ association has released a statement saying that the All India Association of Coal Executives, under the banner of the All India Coal Pensioners Association (AICPA), will be organising a one-day dharna by coal pensioners at the Jantar Mantar, New Delhi, today.

    Act CIL Coal India Limited coal mines provident fund act dharna Pay Revision pension scheme SCCL Singareni Collieries Company Limited
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