Give NTPC employees Minimum 10% of Salary (BP+DA) as Pension contribution
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NTPC employees to get Minimum 10% of Salary (BP+DA) as Pension contribution.
As per 2007 pay revision circular 30% of salary (BP+DA) is being paid as Superannuation benefits to NTPC Employees. Superannuation benefits includes PF, Gratuity, PREMB & Pension(NDCPS2007). For last 10 years Pension contribution was around 10% of salary. But from current financial 2016-17 it has been reduced to 5.2%. So NTPC management is requested to restore it to 10% of Basic Pay + DA.
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