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TGSRTC Retirees Seek Rs 861 Crore in Pending Dues

They further said Rs 910 crore was due to the RTC Credit Cooperative Society (CCS), resulting in the society withholding monthly interest payments to retirees since August 2024. Around Rs 1,700 crore is also reportedly due to the Employees Provident Fund Office.

Hyderabad: Around 17,000 employees who retired from the Telangana State Road Transport Corporation (TGSRTC) since 2017 are awaiting revised pay-scale arrears and other retirement benefits. The retirees, who do not receive pensions, have questioned how they can survive when their legitimate financial benefits are withheld.

The retired employees are demanding the immediate release of Rs 311 crore towards gratuity and leave encashment and Rs 550 crore in arrears under the 2017 revised pay scales, taking the total to Rs 861 crore.

They further said Rs 910 crore was due to the RTC Credit Cooperative Society (CCS), resulting in the society withholding monthly interest payments to retirees since August 2024. Around Rs 1,700 crore is also reportedly due to the Employees Provident Fund Office.

P. Komuraiah, retired executive director of TGSRTC, said several representations had been submitted to the government and the corporation, but there had been no response.

“The government should make arrangements to immediately clear all dues to retired employees, including gratuity, terminal leave encashment, arrears under the 2017 and 2021 Revised Pay Scales and provident fund amounts,” he said.

M.V. Nagavender Rao, president of the TGSRTC Retired Officers Welfare Association, said the management and government representatives had been blaming previous governments for the delay in clearing the dues.

“The blame game will not serve our purpose,” he said.

He said that in the absence of a pension, retired employees were being forced to borrow money at high interest rates to meet their daily needs. Many were also unable to meet the educational and marriage expenses of their children, he added.

“The financial and mental stress caused by the withholding of their dues has become severe. Some employees, unable to bear the financial and mental strain, have died,” Rao said.

( Source : Deccan Chronicle )
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