6 key points mentioned in the official order sent to the general manager and department head officers
Dhanbad, August 21: The Coal India management has issued new guidelines related to the executive retirement scheme for all subsidiary companies. 6 key points, to be compiled upon mandatorily, have been determined in the official letter sent to the general manager and department head officers. Apart from this, the applying officers have also been asked to submit documents of Departmental Clearance (DC), Vigilance Clearance (VC) and Safety Clearance (SC).
The instruction stated that the applications filled by the officers whose retirement the CMD of the concerned subsidiary company approves, that along with the approval of the CMD, the forwarding letter of the head of the department, the reason for retirement and properly filled Annexure One will also be sent to the Coal India headquarters.
However, officials have not shown interest in this scheme due to lack of benefits like the Voluntary Retirement Scheme (VRS) for the retirees. Despite the scheme being launched by Coal India on 4 July itself, no application has been reported yet.