Coal pensioners to object at Jantar Mantar on Dec 5

Hyderabad: The All India Coal Pensioners Association is heightening its anxiety requiring reforms in the coal mines pension plan plan, with a dharna to be presented at Jantar Mantar, New Delhi on December 5.

According to a telephone call offered by D Ramchander Rao, president of the Singareni Retired Employees Welfare Association, Kapra, coal mine workers are covered under the Contributory Pension Scheme CMPS-1998. The plan covers regarding 5.56 lakh coal workers that retired after March 31, 1994.

However, much of the pensioners or their widows were obtaining much less than Rs.500 to Rs.1000 as month-to-month pension plan, whereas the pension plan offered for old individuals under government plans was a lot greater.

PK Singh Rathor, convener, All India Coal Pensioners Association, explained that the Telangana government, from 2015, was enabling pensioners of Singareni Collieries Company Ltd to be covered under the Aasara Pension Scheme to obtain a regular monthly pension plan of Rs.2,016. On the various other hand, the CMPS-1998 was pestered as a result of mismanagement resulting right into the disintegration of corpus fund and also no improvement of pension plan because creation 24 years back.

This being the scenario, the organization, he stated, was obliged to organize a dharna at Jantar Mantar, requiring fast execution of recommendations the Report of Public Accounts Committee for Restructuring of Coal Mines Pension Scheme (provided in the Parliament March 2020); to include Dearness Relief element as component of pension plan and also to evaluate and also modify pension plan every 3 years to name a few needs.