Pension Reforms

[pib] SECL launches Post-Retirement Benefit (PRB) Cell

Note4Students

From UPSC perspective, the following things are important :

Prelims level: PRB Cell

Why in the News?

South Eastern Coalfields Limited (SECL), a Chhattisgarh-based subsidiary of Coal India Limited (CIL) has established a Post-Retirement Benefit (PRB) Cell.

About Coal India Limited (CIL)

  • Coal India Limited (CIL) was founded in 1975 and is the world’s largest coal producer.
  • It is a ‘Maharatna’ public sector enterprise under the Ministry of Coal, Government of India.
  • CIL operates through 8 subsidiaries, including South Eastern Coalfields Limited (SECL), Bharat Coking Coal Limited (BCCL), and Mahanadi Coalfields Limited (MCL), which is its largest coal-producing subsidiary.
  • It supplies 78% of India’s total coal production, supporting more than 50% of the country’s coal-based power capacity.
  • CIL operates across 8 Indian states, managing 84 mining areas and a total of 313 active mines.

What are the aims and objectives?

  • Provide a centralized platform for retired employees to access all post-retirement benefits and services under one roof.
  • Simplify and expedite the resolution of issues related to pensions, provident funds, medical benefits, and other entitlements.
  • Eliminate the need for retirees to coordinate with multiple departments, minimizing delays and miscommunication.
  • Reinforce Mission Sambandh, SECL’s initiative to build stronger connections and improve communication with stakeholders.

What are the key benefits of the PRB Cell?

  • Acts as a one-stop solution for all post-retirement benefit queries and services.
  • Consolidates services like pensions, medical benefits, and financial queries, making it convenient for retirees.
  • Dedicated personnel ensure faster response times and seamless service delivery.
  • Officers from key departments, including Personnel, Finance, and Medical, are stationed at the PRB Cell to provide specialized support.

PYQ:

[2019] Consider the following statements:

  1. Coal sector was nationalised by the Government of India under Indira Gandhi.
  2. Now, coal blocks are allocated on lottery basis.
  3. Till recently, India imported coal to meet the shortages of domestic supply, but now India is self-sufficient in coal production.

Which of the statements given above is/are correct?

(a) 1 only

(b) 2 and 3 only

(c) 3 only

(d) 1, 2 and 3

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