Voluntary Retirement Rules

Air India on Friday made a voluntary retirement offer for its non-flying staff, the second such offer by the Tata Group after taking control of the loss-making airline in January last year. The latest offer will be available for permanent general cadre officers who have attained the age of 40 years or above and completed a minimum of five years of continuous service at the airline, according to a communication. Also, clerical and unskilled categories of employees who completed a minimum of five years of continuous service will be eligible. The offer will be open till April 30. Sources said that a total of around 2,100 employees will be eligible to avail the latest voluntary retirement offer. Currently, the airline has a staff strength of about 11,000 people, including flying and non-flying staff. In June 2022, Air India launched the first phase of the voluntary retirement offer. There has been a request from employees for extending the additional benefit of voluntary retirement t

This is the second such offer since the takeover of the airline by the Tata Group in January 2022, and will remain in force till April 30

The drugmaker is offering voluntary retirement scheme (VRS) to all its employees at two sites near Hyderabad

After three senior IAS officers of Uttar Pradesh cadre sought voluntary retirement from service (VRS) within one week, the bureaucracy is abuzz with speculation

Airline says it will reskill employees as expands terms of the scheme

VRS is not forced exit but option for those who would like to take early retirement

The VRS will be implemented over a period of 9 months at the company offices/factory locations

Firm offers VRS ahead of privatisation

On October 25, the Centre approved a Rs 69,000 crore revival package for BSNL and MTNL

Top officials of both state-run firms have said that the numbers have exceeded the target set for the voluntary retirement scheme (VRS), which closed on Tuesday

The 'BSNL Voluntary Retirement Scheme - 2019', that was rolled out recently, will remain open till December 3

It comes against the backdrop of complaints of harassment by few bureaucrats