Unions and associations in the public sector general insurance companies have opposed the General Insurers Public Sector Association's (GIPSA) move to put pre-conditions for wage-revision. The unions are planning a one-day strike in March after the protest dharna to be held on Tuesday (Feb. 23) at all the regional centres, according to Mr P.P. Mohanan, Kerala State Convenor of the Joint Action Committee of General Insurance Employees and Officers. He said that the offer of 17.5 per cent wage increase with conditions was not acceptable to the unions/associations. The pre-conditions or ‘organisational agenda' offer includes increase in the limit of 150-km distance for the transfer of Class-III employees, provision for compulsory retirement, short-term appointments at various levels in the officers cadre, further outsourcing, flexible pay and flexible working hours. The wage revision is due from August, 2007.
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