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“DISMISS OFFICERS”DERELICTION OF DUTIES AS VRS SALARIES NOT PAID BY LIQUIDATOR DRCS VENKATESH AND JRCS PANDURANGA GARAG WITH 15 YEARS INTREST

 
 
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“DISMISS OFFICERS”DERELICTION OF DUTIES AS VRS SALARIES NOT PAID BY LIQUIDATOR DRCS VENKATESH AND JRCS PANDURANGA GARAG WITH 15 YEARS INTREST
by System Administrator - Saturday, 17 June 2017, 11:59 PM
 

By: M.S.Yatnatti: Editor and Video Journalist Bengaluru : They are the officers doing injustice and they are judge to continue injustice .How many years it needJRCS Panduranga to decide to pay VRS salaries to 66 persons many of them are dying every day .Why they need so many days to decide about this simple issue .For the cases he gets bribe he decides on day today basis. Poor people who do not pay him he drags the cases like this one . Employees are dying and JRCS did nothing .He cares two hoot to CM orders and NHRC directions. The amount receivable on account of voluntary retirement of the employee does not exceed the amount equivalent to three months' salary for each completed year of service, or salary at the time of retirement multiplied by the balance months of service left before the date of retirement on superannuation of the employee. Voluntary retirement scheme is a method used by Government companies and co-operative societies to reduce surplus staff similarly 66 Employees of Malleshwaram Co-operative Society Limited are eligible for VRS scheme . This mode has come about in India as labour laws do not permit direct retrenchment of unionized employees .The amount receivable on account of voluntary retirement of the employee does not exceed the amount equivalent to three months' salary for each completed year of service, or salary at the time of retirement multiplied by the balance months of service left before the date of retirement on superannuation of the employee. It is the last salary drawn which is to form the basis for computing the amount of payment .Most public and private sector companies have implemented VRS in recent years. Wieghtage of 5 year service is given and consequently employee will get five years additional gratuity and other benefits and get five year additional bonus .A false statement made with deliberate intent to deceive 66 Employees of Malleshwaram Co-operative Society Limited in respect of their VRS The amount receivable on account of voluntary retirement of the employee does not exceed the amount equivalent to three months' salary for each completed year of service, or salary at the time of retirement multiplied by the balance months of service left before the date of retirement on superannuation of the employee and additional retirement benefits like Gratuity for five years Wieghtage , Additional leave encashment for five years Wieghtage , additional bonus for five years Wieghtage andStrike Period Salary and Balance salary as on retrenchment date with fifteen years interest .Suspend the liquidator and institute disciplinary Acton against Sri Narsimhamurthyliquidator or face lokayukta SIT enquiry as the liquidator of Malleshwaram Co-operative Society Limited has lied and provided false and fabricated documentstoGovernment of Karnataka and KSHRC ( HRC 1759/14 B-II ) and Lokayukta and Co-operation Department stating that all retirement benefits have been paid in respect of66 Employees of Malleshwaram Co-operative Society Limited whereas all VRS benefits were actually not paid. . But the fact and truth is different .As per the law these payments weredue with interest for delayed payments as Liquidator has not made any payments of additional retirement benefits on account of VRS like Gratuity, leave encashment, bonus andStrike Period Salary and Balance salary as on retrenchment dateor compulsory retirement or forced retirement date since2000 as the records available with the department .Now liquidator has to pay dues as on 2000 plus interest payments for 15 years 10% compounding per year .Like National Human Rights Commission (NHRC) KSHRC also should take serious view of delay in disbursement of retirement benefits, including pension and gratuity, to an employees of Malleshwaram Co-operative Society Limited pass orders for payment of retiral benefits with 15 years of interest for delayed payments without further loss of timeas among 66 employees all are old age and dying one by one without retiral benefits. VRS applies to an employee who has completed 10 years of service or is above 40 years of age. ?It should apply to all employees (by whatever name called), including workers and executives of a company or of an authority or of a co-operative society, excepting directors of a company or a co-operative society.