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Showing contexts for: wage settlements in Federation Of Retired Officers Of vs Chief Secretary To Government on 22 April, 2022Matching Fragments
55. The Tamil Nadu State Transport Corporation issued a Circular to all Managing Directors of all State Transport Undertakings in Letter No.23/P2/TNSTC Soft/2018-2173, dated 09.05.2018 and stated that the guidelines for revision of pension for the remaining pensioners will be given separately. However, no guidelines have been passed.
56. The 12th Wage Settlement took place on 13.04.2015 under Section 12(3) of the Industries Dispute Act. In the 12th Wage Settlement, it was agreed in Paragraph No.37aa that if there is any shortfall in the funds in hands of the Pension Trust, Government would help to make good the shortfall.
74. The respondents have not filed any counter in these writ petitions, they have adopted the counter filed in support of the other writ petition mutatis mutandis.
75. The 13th Wage Settlement took place on 04.01.2018. In the 13th Wage Settlement, in the presence of the Additional Secretary Transport Department and Secretary, Finance Department, it was agreed that if there is shortfall in the availability of the funds in the hands of the Pension Trust, the same will be made good by the Government of Tamil Nadu.
85. Earlier, Wage Settlement arrived on 13.04.2015. As per Clause No.37 of the said wage settlement, the pension will be increased at 15% on the pension granted on 01.09.2010 to the pensioners who retired prior to 01.09.2010 with effect from April 2015 and shortfall of amount arising in the Tamil Nadu State Transport Corporation Employees Pension Fund Trust will be compensated by the contributions of Government and Transport Corporations. Clause No.37 reads as under:-
88. Meanwhile, Wage Settlement was arrived on 04.01.2018 for the transport employees. As per Clause 41 of the said Wage Settlement, if there was any shortfall in the amount in the Tamil Nadu State Transport Corporation Employees Pension Fund Trust, the Government undertook to compensate the contributions of Transport Corporations and to grant pensionary benefits and appropriate actions will be taken in time. Clause 41 reads as under:-