Ufone Tower might be Renamed as PTET House

A parliamentary panel on Tuesday recommended renaming the ‘Ufone Tower’ as Pakistan Telecommunication Employees Trust (PTET) House’.

The sub Committee of Senate Standing Committee on Information Technology and Telecommunication (IT&T) on Tuesday discussed and finalized the issue of payment of the increase in pension of the retired employees of PTET.

The meeting was held with Senator Engineer Rukhsana Zubari as its convener and was attended among others by Senators Kalsoom Perveen, Abdul Rehman Malik, Senior officers of Ministry IT&T, PTET and others.

Ufone Tower to be Renamed as Pakistan Telecommunication Employees Trust House

The committee was told that PTET Chairman is selected for the period of one year and its board consists of 6 members, 3 from the ministry and 3 from the PTCL. In 1990 TNT converted into PTET and started working for the welfare of the employees separately.

Discussing on the recommendations made by the committee in its previous meeting, the committee was told that as per the instructions of the committee two board meetings had been held to resolve this issue and submitted their report.

Committee rejected their report and said this report is incomplete and unsatisfactory and formed a Committee headed by the Joint Secretary MoITT, with a member from PTCL and a member from the representative of the pensioners to supervise the implementation of the directions of the Sub-Committee with regards to the updating of the current pensions as per the government announced increase and the payment of arrears phase-wise.

Directed the PTET to immediately update the pension amounts of the pensioners as per the government announced an increase in pension from time to time and start disbursing the updated pension to the pensioners immediately.

Committee also directed PTET officials to provide the details of the losses suffered in investment in mutual funds together with their reasons.