Latest News | More Than-a-third of JNPT Permanent Workers Avail Special VRS, Says Port

Mumbai, Mar 4 (PTI) Country's premier container port JNPT on Friday said more than-a-third of its total 1,337 permanent employees have availed the Special Voluntary Retirement Scheme (SVRS), which was rolled out last year.

Employees opting for retirement under the scheme were given a comprehensive ex-gratia package along with several other terminal benefits such as balance in PF account, cash equivalent of accumulated earned leaves, gratuity, pension, commutation and medical benefits at par with regular employees, JNPT said.

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Responding to the Scheme, out of the total 1,337 permanent employees working with the Port, 460 employees availed it and retired from the service on February 28, which was the date of relieving, a Port's spokesperson said.

JNPT had come out with the special VRS scheme in September last year, with December 31 as the last date of applying and January 31 as the last for withdrawing the application.

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The SVRS was offered to employees with a minimum 40 years of age and at least 10 years of service, as per the spokesperson.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)