Business Daily from THE HINDU group of publications Saturday, Jun 24, 2006 |
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Shipping Industry & Economy - Social Security Kolkata port seeks Ministry help for pension payment Our Bureau
Kolkata , June 23 A large number of pensioners of the Calcutta Dock Labour Board (CDLB) have been not been getting their pension regularly due to the board's critical financial condition, according to the Calcutta Port & Dock Pensioners' Association. There is a backlog of four months, says the statement issued by the association. Although the Chairman of Kolkata Port Trust is also the Chairman of CDLB and the KoPT's Chief of Finance is acting as the Deputy Chairman of CDLB, the port authorities are doing precious little to pay the pensioners regularly. Kolkata port on the other hand has urged the Shipping Ministry to create a corpus of Rs 735 crore; otherwise, the pension payment will not be possible. The association has made several suggestions to the Ministry to expedite the payment, which include providing grant-in-aid or loan or imposing a levy of 10 per cent on tonnage handled by the port to create a pension fund. Dr A.K. Chanda, Chairman of KoPT, when contacted, conceded that pension payment had been a problem. It was not true that they were not getting pension at all but there was gap of four months. CDLB, he said, was a vanishing organisation with the number of pensioners being higher than the number of employees and at this rate there would be no employees after a few years but only pensioners.
More Stories on : Shipping | Social Security | Pension Plans
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