The accomplishment of each completed journey inspires us to take on the challenge of many more. Thus far, CILREWA has achieved many significant demands, like
CILREWA takes pride in surpassing the boundaries of the Association; its efforts benefit the entire community of retired executives of CIL and its subsidiaries.
The Association is focussed to achieve the following improvements in the retirement benefit schemes in the year 2024:
So far CILREWA has had two meetings with CIL Management, the first on 2nd January followed up by another on 6th March. As an outcome of the first meeting a directive was issued from the office of Chairman, CIL to all subsidiaries to hand over all requisite inputs to CMPFO. The follow-up meeting held on 6th March, resulted in a review of Chairman, CIL with the concerned executives. As a result of the Chairman’s direct intervention, CMPFO has expedited issuing of revised PPO, the effort & achievement of CILREWA in this regard is detailed as in the attached chronicle.
Since inception, CILREWA, has been aware that success of CPRMSE depends on the corpus available for the scheme. On achieving separation of the CPRMSE fund and upon the formation of a Trust to manage the fund, CILREWA started pursuing the transfer of interest accruing to the corpus from January 2007 till March 2018 and the Actuarial Survey to ascertain the valuation of the Fund. Once the fund's real value is assessed, demands regarding further enhancement of domiciliary medical treatment expenses and revision of ceiling limit of hospitalisation and OPD treatment from Rs.25 lakhs to Rs.50 lakhs would get financial viability. The management of CIL accepted the proposal of CILREWA and an actuarial Survey has now been initiated. The management of CIL agreed to the long-standing demand to delink consultation fees from the CGHS rate. The consultation fee has been revised from the existing CGHS rate of Rs.350 to Rs.1200 (vide OM No:CIL/CSA(PC)/2024/MAR/1133 dated 10.06.2024).
Paltry pensions, dwindling retirement benefits, soaring living costs, and increasing outgo towards medical attendance may result in financial despair.
CILREWA, has been pursuing with CIL to initiate a plan of for financial support through five-yearly ex-gratia payment to retired employees, on attaining seventy-five years of age. The management of CIL has also flagged this as a point for consideration.