May 24, 2024

The Bihar

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Magadh University to hold pension adalat on July 12

2 min read

GAYA: Magadh University (MU) would hold a pension adalat on July 12 for disposal of pension and other claims of the retired teaching and non-teaching employees of the university.

MU vice-chancellor Prof Qamar Ahsan said those superannuated employees of the university whose post-retirement claims have not been finally settled are required to submit their applications with supporting documents on or before July 9. “The university is committed to ending harassment to its retired employees,” he said.

According to university sources, settlement of post-retirement claims would reduce the number of pending court cases by more than 50%.

The university employees, besides pension, are entitled to get gratuity, provident fund and leave encashment benefits. On an average, gratuity roughly equals to 16 months’ salary of a retired employee.

As of now, the maximum amount of gratuity payment is fixed at Rs10 lakh. The proposal to enhance the limit to Rs20 lakhs is likely to be approved by the government soon, education department sources said. The retired employees are also entitled to leave encashment against their outstanding earned leave account.

Those employees of the undivided MU, who superannuated on April 1 from colleges in Patna and Nalanda districts, would require to submit their claims before Pataliputra University. There are 28 such colleges, including three government funded minority colleges.

The university, despite huge expenditure on litigation, almost invariably loses court cases, which puts avoidable burden on the university finances. According to a senior university official, no less than Rs45 lakh was paid to the Supreme Court lawyers with almost nil results in its favour.

Pensioners outnumber serving employees of the university. As per education department records, whereas MU spends Rs13 crores per month on salary payment, it spends Rs18 crore per month on pension payment.

Courtesy: TNN

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