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TSRTC - Voluntary retirement of employees of TSRTC under Regulation 6(1)(b) of TSRTC Employees' (Service) Regulations, 1964

 

TSRTC - Voluntary retirement of employees of TSRTC under Regulation 6(1)(b) of TSRTC Employees' (Service) Regulations, 1964

తెలంగాణ ఆర్టీసీలో వీఆర్ఎస్ గురించి నోటిఫికేషన్ విడుదల

* తెలంగాణ ఆర్టీసీలో స్వచ్ఛంద పదవీ విరమణకు (వీఆర్‌ఎస్‌) నోటిఫికేషన్ విడుదల చేసింది.

* ఈ వీఆర్‌ఎస్‌ ప్రక్రియకు ఈ నెల 31 వరకు దరఖాస్తు చేసుకునే అవకాశం ఉండనుంది.

Sub: SERVICE REGULATIONS - Voluntary retirement of employees of TSRTC under Regulation 6(1)(b) of TSRTC Employees' (Service) Regulations, 1964 - Reg.

In terms of Regulation 6(1)(b) of TSRTC Employees' (Service) Regulations, 1964, an employee who has completed 20 years of service is eligible for voluntary retirement on giving one month notice or on payment of one month salary (Pay+DA) in lieu of notice.

In terms of Regulation 6(1©) of TSRTC Employees' (Service) Regulations, 1964, the employee will be extended all usual terminal benefits and the following additional benefits on retiring voluntarily.

* Employer's contribution to Provident Fund for a maximum of 5 years or leftover service whichever is less.

* Notional Gratuity for a maximum of 5 years or leftover service whichever is less.

* Additional Monetary Benefit for a maximum of 10 years or leftover service whichever is less.

Some of the employees are requesting to retire them voluntarily as they are unable to perform duties due to various reasons.

Therefore, all the Unit Officers of TSRTC are advised to collect VRS applications from the willing employees up to 31.07.2022 and upload the data in PD Web on day-to-day basis, so as to arrive at the assessment of no. of employees willing for VRS. Regarding further process, await for the instructions from this office.

A Notice (in Telugu) duly signed and stamped by the Unit Officer concerned shall be exhibited on Notice Boards of the Depot/Unit is enclosed herewith.

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