What are the Eligibility Criteria forPRAMA of NLC ?
ELIGIBILITY: • All the employees of NLC who have retired on reaching the age of Superannuation, after rendering a continuous service of not less than 10 years in NLC, will be eligible for the benefits under the scheme. The term Retirement will also include retirement under Voluntary Retirement Scheme (VRS) approved by the company. • In respect of employees transferred from other Public Sector Enterprises including those who have been appointed to the Board Level positions in NLC, their service rendered with the previous employees(s) will also be taken into account for the purpose of reckoning the service period of 10 years. Such retired employees and their spouses will be eligible for the medical benefits under the scheme. • The spouse of the retired employee will continue to avail the benefit even after the death of the retired employee.
