NEW DELHI: The Prime Minister’s Office (PMO) has entrusted a committee of secretaries with the task of working out a solution that will allow the Centre to partly pick the tab for pension of MTNL employees after the company said it may find it difficult to meet this obligation due to mounting losses, an official aware of the development told ET.
The PMO intervened after this issue snowballed into a huge controversy, possibly impacting other public sector companies in sectors where there are wage differentials. With several departments expressing differences of opinion over a bailout for MTNL, with regard to pension, the PMO said the committee of secretaries (CoS) must resolve the issue and place possible solutions before the Union Cabinet, the official quoted above said.
Govt-panel-to-look-into-MTNLs-pension-issue-ET
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