Pension of Port Trust retirees to increase by 5.69%
Ministry of Shipping has approved the increase in the basic pension by 5.69% in respect of Group ‘C’ and ‘D’ retirees who had retired between 1.1.2007 and 31.12.2011.
Ministry of Shipping has issued a press release for the increase in basic pension by 5.69% in respect of Group ‘C’ and ‘D’ retirees who had retired between 1.1.2007 and 31.12.2011.
Basic pension of Group ‘C” and ‘D’ retirees of Major Port Trusts & Dock Labour Board to increase by 5.69 %.
In a major relief to the Group ‘C’ and ‘D’ retirees of Major Port Trusts & Dock Labour Board, the Ministry of Shipping has approved the increase in the basic pension by 5.69% in respect of Group ‘C’ and ‘D’ retirees who had retired between 1.1.2007 and 31.12.2011.
This decision has fulfilled the long standing demand of various Labour Federations and retirees for enhancing the basic pension by 5.69% and allowing the dearness relief on such enhanced pension which was not available earlier.