TGSRTC retired employees seek immediate release of ₹980 crore in pending dues
The TGSRTC Retired Officers Welfare Association is demanding the immediate release of ₹980 crore in pending retirement benefits. Former employees report significant financial hardship due to years of delays in gratuity and arrears payments.
Why it matters
This highlights the financial instability of state-run transport corporations and the resulting impact on the welfare of retired public servants.
The Telangana State Road Transport Corporation (TGSRTC) Retired Officers Welfare Association has urged the State government and the TGSRTC management to immediately clear pending retirement benefits, alleging that former employees have been waiting for years to receive their dues.
Addressing a press conference in Hyderabad, association president M.V. Nagavender Rao expressed disappointment over the corporation’s negative attitude towards its retired employees, supervisors and officers. He alleged that delays in the payment of gratuity, leave encashment and arrears arising from various pay revisions had caused financial hardship and uncertainty for retirees.
According to the association, TGSRTC currently owes about ₹980 crore in retirement benefits and arrears to former employees. Mr. Rao said repeated representations submitted to the present vice-chairman and managing director as well as previous management had failed to produce any results.
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