Bharat Sanchar Nigam (BSNL) has rolled out voluntary retirement scheme (VRS) for its employees. The company hopes that about 100,000 employees will avail of the package.
The scheme opened on November 4 and will continue till December 3. The total number of BSNL employee is 175,000.
All regular and permanent employees of BSNL, including those on deputation to other organisations or deputed elsewhere, are eligible if they are 50 years old or older.
The amount of ex-gratia for any eligible employee will be equal to 35 days’ salary for each completed year of service and 25 days’ salary for every year of service