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Voluntary Retirement Scheme

Jul 21, 2016 at 07:56 | Source: Reuters
This will be achieved in various ways including a reduction in the size of the workforce through a voluntary retirement scheme which the steelmaker has put in place and a lower annual recruitment plan, said the official, who asked not to be named as details of the plan have not yet been made public.
Jun 28, 2016 at 22:00 | Source: PTI
Limited education about financial savings and a lack of retirement planning pose a challenge in extending and deepening the reach of voluntary pension plans, the Reserve Bank of India (RBI) said on June 28
Jun 22, 2016 at 22:24 | Source: PTI
To encourage saving in itspension scheme, retirement fund body will provide 8.16 percent higher pension to all those subscribers opting fordeferring the benefit till the age of 60 years.
Jun 13, 2016 at 17:32 | Source: PTI
Retirement fund body EPFO may soon allow its subscribers to contribute voluntarily towards its pension scheme in addition to their employers' mandatory contributions
May 26, 2016 at 15:01 | Source: Moneycontrol.com
Tayo Rolls Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 26, 2016, have approved the proposal to introduce employees Voluntary Separation Scheme with immediate effect, and suspended, operations in a phased manner.
May 18, 2016 at 12:52 | Source: PTI
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has given approval to the proposal for offering an improved VRS package based on 2007 notional pay scales for the employees of HVOC, an official statement said.
May 09, 2016 at 16:24 | Source: PTI
Government is working on a scheme to provide low-cost housing for retirement fund body EPFOs over five crore subscribers, Parliament was informed today.
May 04, 2016 at 18:28 | Source: PTI
Government is not considering inflation-linked pension for the subscribers of Employees'Pension Scheme 1995 run by retirement fund body EPFO as the value of benefits cannot be left open-ended, Parliament was informed on May 4.
Apr 29, 2016 at 13:04 | Source: PTI
"The company, on April 28, 2016, announced a voluntary retirement scheme for employees who have either completed 10 years of service or are above 40 years of age. This has been done with the objective of reducing headcount in order to improve productivity in the company," Titan Company said in a BSE filing today.
Apr 27, 2016 at 13:36 | Source: Moneycontrol.com
High salary and interest costs have hurt MTNL. It plans to cut salary costs by coming up with a Voluntary Retirement Scheme (VRS), says NK Yadav, CMD, MTNL.
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Source:Economic Times - CHENNAI: Nearly 5,000 of the 6,600 permanent employees of handset manufacturer Nokia plant at Sriperumbudur near here have opted for the Voluntary Retirement Scheme (VRS) announced by the company last month.

2.57 PM May 15th 2014

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Ravalgaon Sugar  

Ravalgaon Sugar Farm has informed that a meeting of the Board of Directors of the Company will be held on April 09, 2014, inter alia, to consider the adoption of Voluntary Retirement Scheme for the workers at factory at Ravalgaon.

5.48 PM Apr 1st 2014

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Ravalgaon Sugar  

Ravalgaon Sugar Farm Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 09, 2014, inter alia, to consider the adoption of Voluntary Retirement Scheme for the workers at factory at Ravalgaon.

5.21 PM Apr 1st 2014

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Schneider Elect  

Schneider Electric Infrastructure Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on February 11, 2014, inter alia, has approved the voluntary retirement scheme for the employees of Naini Unit of the Company as a part of consolidation of Companys

10.41 AM Feb 12th 2014

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Schneider Elect  

Schneider Electric Infrastructure at its meeting held on February 11, 2014, inter alia, has approved the voluntary retirement scheme for the employees of Naini Unit of the Company as a part of consolidation of Company's transformer business.

10.27 PM Feb 11th 2014

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Schneider Elect  

Schneider Electric Infrastructure Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 11, 2014, inter alia, has approved the voluntary retirement scheme for the employees of Naini Unit of the Company as a part of consolidation of Companys transformer

6.35 PM Feb 11th 2014

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Kennametal  

Kennametal India at its meeting held on February 06, 2014, has noted the payment of Rs. 94.70 Million effected towards Voluntary Retirement Scheme including Ex-gratia for employees during the quarter ended Dec 31, 2013.

10.28 PM Feb 6th 2014

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Kennametal  

Kennametal India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 06, 2014, inter alia, has noted the payment of Rs. 94.70 Million effected towards Voluntary Retirement Scheme including Ex-gratia for employees during the quarter ended Dec 31, 2013.

6.04 PM Feb 6th 2014

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Tata Motors  

Source:Calcutta Telegraph News - New Delhi, Jan. 22: Tata Motors will introduce a voluntary retirement scheme as the company seeks to cut costs following a record quarterly loss of over Rs 800 crore in the July-September period. “The industry as well as India is going through a rather protracted

4.24 PM Jan 23rd 2014

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Ashok Leyland  

Source:DomainB - Commercial vehicles major Ashok Leyland on Friday announced a voluntary retirement scheme (VRS) for executive-level staff in a bid to reduce costs and align fixed costs to reduced activity levels amidst the continuing slowdown in the automobile industry. The move comes after

4.03 PM Nov 11th 2013

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