Power Grid Corporation of India Limited has becomes first Power PSU , to take lead in the launch of a remarkable initiative, the AABHAAR Scheme, to honor its retired employees for their invaluable contributions and steadfast loyalty to the organization. Effective April 1, 2025, this scheme is designed to recognize superannuated employees who have made significant impacts throughout their careers.
Power Grid Corporation of India Limited has launched the AABHAAR Scheme, effective April 1, 2025, to honor retired employees for their contributions and loyalty. The scheme aims to reward superannuated employees upon reaching significant age milestones (65, 70, 75, 80, 85, 90, 95, and 100 years) through monetary rewards and invitations to annual Raising Day celebrations, where they will receive special mementos. Felicitation on Raising Day: Superannuated employees will be invited to annual celebrations held in their honor, receiving special mementos to commemorate their service. The cash incentive will range from Rs 25,000 to Rs 1,50,000, depending on the employee’s age. The maximum incentive amount will be awarded to employees who have reached the age of 100 years. Employees retiring at the age of 60 will receive Rs 25,000. Incentive amounts for other age milestones are as follows: Rs 50,000 for employees aged 70 years, Rs 80,000 for those aged 80 years, Rs 85,000 for those aged 85 years, and Rs 90,000 for employees aged 90 years.
Eligibility includes employees retiring at age 60 or those above age 55 under specific service rules, while those acting against the organization’s interests will be disqualified.
The implementation process involves the submission and verification of a life-certificate, followed by electronic transfer of rewards to eligible employees’ bank accounts. For those aged 75 and above, rewards will be presented at their residence with additional gifts.
Details regarding the scheme will be communicated via the POWER-Setu Portal and email reminders, with the Chairman & Managing Director holding the authority to make adjustments as necessary. The AABHAAR Scheme reflects the organization’s commitment to valuing the dedicated service of its workforce. Employees can find more information on the POWER-Setu Portal or by contacting the HR department directly.