Tamilnadu announced 7% Pay hike for Power staff

The Tamil Nadu Government today announced a seven per cent hike in the salary of Electricity Board employees with effect from December 1, 2011.

The announcement made by Chief Minister J. Jayalalithaa on the New Year day will benefit 70,820 workers and 10,160 officers of Tamil Nadu Generation and Distribution Corporation Ltd (Tangedco), the power generation and distribution arm of Tamil Nadu Electricity Board, and cost an additional expense of Rs 252 crore to it, an official release said here.

The decision to revise the salary package was taken after Jayalalithaa chaired a meeting with the top officials of Electricity Board and senior Government officials.

The wage agreement between the employees, workers and Tangedco had come to an end on November 30, 2011, following which a committee was formed to formulate a new pay scale.

The committee held several rounds of discussion with 15 unions representing the workers and employees of Tangedco. Based on the recommendations of the committee, Jayalalithaa has announced the decision.

The seven per cent hike would lead to an increase in the package of a minimum of Rs 700 and to a maximum of Rs 13,160, the release said.

The pay hike given to Tangedco employees would be equal to those employed in the state departments, it said.

The outstanding arrears from December 1, 2011 to December 31, 2013 would be paid in two installments, it said.

Source : PTI  via sapost.blogspot.in