The Union Cabinet on Thursday cleared the long-standing issue of pension of around 43,000 MTNL employees that would cost the exchequer around Rs. 500 crore per year.“The Union Cabinet today [Thursday] approved that the erstwhile all categories of employees of the government absorbed in MTNL… may be given similar treatment in the matter of payment of pensionary benefits as available to the absorbed employees of BSNL,” an official statement said.“Based on the approval… to the erstwhile government employees absorbed in MTNL who have opted for combined pension in the same manner as in BSNL, necessary amendments… will be issued and adjustments in respect of government pension liability previously discharged by MTNL will be done within three months,” the note said.
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