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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

Updated On: 17 Mar 2023 | 10:06 PM IST

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

Updated On: 17 Mar 2023 | 8:15 PM IST

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

Updated On: 30 Jan 2023 | 10:43 PM IST

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

Updated On: 03 Aug 2022 | 11:43 AM IST

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

Updated On: 01 Jul 2022 | 12:30 AM IST

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

Updated On: 08 Jun 2021 | 4:38 PM IST

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

Updated On: 20 Nov 2020 | 11:53 PM IST

Firm offers VRS ahead of privatisation

Updated On: 24 Jul 2020 | 6:05 AM IST

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

Updated On: 06 Jan 2020 | 9:42 PM IST

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

Updated On: 04 Dec 2019 | 12:02 AM IST

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

Updated On: 19 Nov 2019 | 2:38 PM IST

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

Updated On: 06 Mar 2017 | 7:08 PM IST