Union Cabinet has cleared the long-standing issue of pension payment plan of around 43,000 Mahanagar Telephone Nigam (MTNL) employees. The proposal entails a recurring expenditure of approximately Rs 500 crore per annum besides adjustments in respect of government pension liability previously discharged by MTNL.
Under the approved plan, all categories (Group A, B, C & D) of employees of the government absorbed in MTNL and who have opted for combined service will be given similar treatment in the matter of payment of pensionary benefits as available to the absorbed employees of BSNL.
MTNL was set up by the Government of India to upgrade the quality of telecom services, expand the telecom network, and introduce new services and to raise revenue for telecom development needs of India's key metros -- Delhi and Mumbai.
Under the approved plan, all categories (Group A, B, C & D) of employees of the government absorbed in MTNL and who have opted for combined service will be given similar treatment in the matter of payment of pensionary benefits as available to the absorbed employees of BSNL.
MTNL was set up by the Government of India to upgrade the quality of telecom services, expand the telecom network, and introduce new services and to raise revenue for telecom development needs of India's key metros -- Delhi and Mumbai.
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