UET cuts June salaries, pensions of staff
LAHORE: Faced with severe financial crisis, the oldest engineering institute of Pakistan, the University of Engineering & Technology (UET) Lahore, has announced imposing cut on the salaries and pensions of the university’s employees for the month of June 2020.
In an official communication with the UET faculty and staff, the university administration observed that because of cut imposed by the HEC, non-recovery of student dues and non refundable loan from the Punjab government related to Rachna College of Engineering & Technology (RCET), UET was facing immense shortage of funds for disbursement of pay and pension for the month of June 2020. As per the document there was a shortage of around Rs 93 million.
The UET administration has decided to pay 50 percent of net payable to the Vice Chancellor, 65 percent to BPS-18 to 21, 70 percent to BPS-17, 80 percent to BPS-11 to 16, 90 percent to BPS-05 to 10 while 100 percent salaries would be paid to staff of BPS-1 to 4.
Similarly, retired employees of A-Class cadre would be paid 65 percent; B Class 70 percent while C class retired employees would be paid 100 percent. The university has informed the staff that the deferred payment of salary/pension would be made as and when funds are available.
The teaching and non-teaching staff of the university have expressed strong concerns over the pay cuts and have demanded the authorities take notice and bring the UET Lahore out of financial crisis.
It is learnt the UET Teaching Staff Association (TSA) has also called an emergent meeting of the faculty over the issue on Thursday (today) to discuss the issue and chalk out future plan of action over the prevailing financial situation of the university. The UET-TSA has been highlighting financial difficulties faced by the university while demanding the government to take notice but to no avail.
-
Canada And China Trade Deal: All You Need To Know About The New Agreement -
Tyler Hilton, Megan Park Call It Quits After 10 Years Of Marriage -
Prince Harry’s Fears Turn Concerning As Archie, Lilibet Slip Too Far Out Of Reach: ‘Their Too American’ -
Former Nickelodeon Star Kianna Underwood Dies At 33 In Tragic Hit-and-run -
Prince Harry Risks Straining Marriage To Make Archie, Lilibet Make Emotional Demand Of Meghan -
Sarah Ferguson’s Pal Reveals What She Really Thinks Of Beatrice, Eugenie Choosing A Royal Christmas -
North West Raps About Piercings, Tattoos And Skipping School In New Song -
Teddi Mellencamp Shares Hopeful Health Update Amid Cancer Battle: 'Cloud Is Lifting' -
Prince William Makes Clear The Conditions He Has For Meeting Prince Harry -
Sara Foster Slams Age Gap Relationship After 'blah' George Clooney Date -
Jennifer Garner Recalls Enduring Ben Affleck’s Intense Beyoncé ‘Halo’ Phase -
Prince Harry’s Mental Health Ends Up At Stake As Meghan Moves Him To 'second Fiddle' -
Bradley Cooper On Who His Mother Thinks Is The World’s Best Actor -
Meghan Markle Offers Glimpse Into Intimate Dance Moment With Harry Amid Split Rumors -
Jon Bon Jovi Joins The Viral 2016 Throwback Trend With Nostalgic Photos -
Kate Middleton Hailed For Her Lack Of ‘obligation’ As Well As Altruistic, Selfless Qualities