Public sector bank
puyal
(Querist) 30 September 2012
This query is : Resolved
Whether a retired pensioner under special VRS 2000 is eligible for permanent employment again in PSU?
Guest
(Expert) 30 September 2012
Sure, if he is eligible as per the eligibility conditions and below the age of superannuation. But, his pay would be fixed after deducting the amount of pension and pension equivalent of gratuity.
R.K Nanda
(Expert) 30 September 2012
no more to add.
Sudhir Kumar, Advocate
(Expert) 30 September 2012
how the doubt came to your mind. How are you affected by this recruitment. Is it against any other norm.
malipeddi jaggarao
(Expert) 01 October 2012
Nothing to add on the advice of Mr.Dhingra. As he rightly said the pension component will be taken into account while fixing your pay in the new organisation.
K.K.Ganguly
(Expert) 01 October 2012
I humbly submit that I have some doubt in the matter.
When VRS is given, part of salary for the remaining period is given which at times may be full salary to be paid for the remaining period. If he joins some PSU again, then he is getting double salary for the remaining/re-employed period paid by the Govt. without paying I.Tax for that.
In some PSUs, the applicants of VRS mention in the VRS application that they will not take up any PSU jobs & there is rehabilation scheme for VRS employees mentioned in the Form itself. So, I think that an employee who has opted for VRS can not further get a permanent Govt.Job after declaring that he has taken VRS from his earlier PSU. I have not seen any such person so far.
I am posting the above to get myself enlightened by the Ld.Experts.
Guest
(Expert) 01 October 2012
Mr. Ganguly,
You may probably like to go through my reply once again where I have clearly stated that the salary of the reemployed person will be made less by his pension and also pension equivalent of gratuity each month. So, there is no question of double salary.
So far as the I.Tax is concerned, as per the provisions of IT Act/Rules, it is the duty of the employee to intimate the amount of earning from another DDO on account of salary/ pesnsion. Moreover, he is also liable to pay timely the tax due, if deducted short from his salary.
