Lok Sabha Question No. 2819 (UNSTARRED), answered on 2015-08-06
Subject: Consolidation of Pension
Ministry: SHIPPING
Asked by: KALIKESH NARAYAN SINGH DEO, VINAYAK BHAURAO RAUT, NAGENDRA KUMAR PRADHAN, RAHUL RAMESH SHEWALE, SHRIKANT EKNATH SHINDE

## GOVERNMENT OF INDIA MINISTRY OF SHIPPING

## LOK SABHA UNSTARRED QUESTION NO. 2819 TO BE ANSWERED ON 6 TH AUGUST, 2015

## CONSOLIDATION OF PENSION

2819.   SHRI  KALIKESH N. SINGH DEO:

SHRI  VINAYAK  BHAURAO RAUT:

SHRI  NAGENDRA KUMAR PRADHAN:

SHRI  RAHUL SHEWALE:

DR.  SHRIKANT EKNATH SHINDE:

Will the Minister of SHIPPING be pleased to state:

## पोत प�रवहन मंत्

- (a) whether the Government proposes to allow consolidation of pension of retired Group 'C' and 'D' employees of Major Port Trusts in the country;
- (b) if so, the details and the salient features thereof;
- (c) the number of employees likely to be benefitted as a result thereof, Port-wise;
- (d) the details of financial implications involved therein; and
- (e) the time by which the said decision is likely to be implemented?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF SHIPPING (SHRI PON. RADHAKRISHNAN)

(a)&(b):The Government has allowed consolidation of pension of Group 'C' & 'D' retirees of Major Port Trusts and Dock Labour Board, subject to:

- i) The  pension  of  retirees  prior  to  01/01/2007  will  be  recast  as  per  formula given in Wage Settlement dated 19/1/2010 by revising the fitment benefit to 30% instead of 23% notionally and effectively from 01/01/2012.
2. ii) The  pensioners  would  be  entitled  to  arrears  of  pension  from  01/01/2012 only.
3. iii) No  commutation  benefit  would  be  admissible  on  additional  amount  of pension accruing as a result of this benefit.
4. iv) Group C & D employees retired between 01-01-2007 and 31-12-2011 will also  be  extended  the  benefit  extended  to  retirees  prior  to  01-01-2007  by enhancing their basic pension of 5.69% (7*100/123). The benefit of 5.69% shall be treated for calculation of dearness relief only.
- v) Expenditure will have to be borne by the Ports from their internal resources.
6. vi) The implementation of the proposed consolidation of pension will be done by the Ports after obtaining the approval of their respective Boards.
7. (c): The number of port-wise employees to be benefitted is estimated as under:

| Name of the Port         |   No. employees to be benefitted |
|--------------------------|----------------------------------|
| Mormugao Port Trust      |                             3783 |
| New Mangalore Port Trust |                             1137 |

| VOC Port Trust              |   2435 |
|-----------------------------|--------|
| Mumbai Port Trust           |  28077 |
| Kolkata Port Trust          |  23760 |
| Kandla Port Trust           |   3300 |
| Cochin Port Trust           |   5777 |
| Visakhapatnam Port Trust    |  11526 |
| Jawaharlal Nehru Port Trust |     85 |
| Paradip Port Trust          |   1899 |
| Chennai Port Trust          |  11694 |
| Total                       |  93473 |

(d)&(e):The financial implications (including arrears) will be around Rs. 536.00 crores. This benefit will arise after the approval of the Board of Trustees thereto is obtained by the respective Major Port Trusts.

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