Pension revision for IIT, IIM teachers
New Delhi: The government has decided to revise the pensions of teachers who have retired from the IITs, IIMs and other centrally funded technical institutions, bringing the amount they get now on a par with the seventh pay commission recommendations.
The decision - to be implemented with retrospective effect from April 2016 - is expected to benefit around 2,000 retired teachers.
Sources said the human resource development ministry was set to announce the revision this week.
Once the pensions are revised, retired IIT, IIM and NIT teachers can expect an increase of 20 to 30 per cent on the sums they have been drawing under the sixth pay commission scale.
The government usually revises pensions simultaneously with pay commission-recommended salary hikes for teachers in higher educational institutions. But the HRD ministry did not revise the pensions when it raised teacher salaries in October last year.
"Many of our colleagues have died in the last four or five months. Several family pensioners have also died. Even if the government revises the pension, many retired teachers and their spouses are no longer there to use the money," A.L. Agarwal, general secretary of the Pan-IITs Retired Faculty Association, said.
Officials said the finance ministry had restrained the HRD ministry from revising pensions while revising salaries, and also asked it not to revise the allowances of the serving teachers till it had given the go-ahead.
Agarwal alleged the government boasted about its IITs and IIMs but did not take care of those who taught in these premier technological and management institutes.
Last September, foreign minister Sushma Swaraj had mentioned the IITs at the UN General Assembly while taking a dig at Pakistan and its alleged support for militant outfits. "We have built IITs but you have built LETs, we have built IIMs but you have built JEMs," she had said.
Sources said the HRD ministry might issue a separate order for revising the pensions of teachers who retired from central universities.