This tripartite agreement entered into on this 26™ day of April, 1998 between the Government of Andhra Pradesh represented by Secretary to Government, Energy Department (hereinafter called the "State Government"), AND The Andhra Pradesh State Electricity Board constituted under section-5 of the Electricity (Supply) Act, 1948, (hereinafter called "The Board" which expression shall unless repugnant to the context or meaning thereof include its successors and assigns) and represented by its Member Secretary; AND The A.P.State Electricity Board Accounts Officers’ Association (Regd.No.C-5) (hereinafter called "Association") represented by its President Sri B.Seetharamaiah and Sri A.Naga Bose, Secretary. Whereas the Government of Andhra Pradesh declared its policy in the Legislative ‘Assembly to restructure the Andhra Pradesh State Electricity Board for purposes of restoring the operational and financial viability to meet the future demand for sufficient supply of energy and to pull out the Board from persisting revenue deficits; * 4, Whereas the employees of the Andhra Pradesh State Electricity Board are opposing such policy on the apprehensions that their services will be privatised and that there would be retrenchment in the services resulting in loss of employment and also that : i .34 their service conditions will be adversely affected even though Government have clearly stated that such apprehensions of employees have no place. 2. Whereas for purposes of smooth implementation of the policy of restructuring of the Board and also to clear the apprehensions being entertained by the employees as mentioned in clause-2 above, the parties herein mutually agree to lay down the conditions to achieve the aforesaid objective; . Now, therefore, in consideration of the promises and mutual conditions set forth herein, it is agreed by and between the parties as follows:~ (a) In the event of reorganisation of APSEB into two or more Corporate entities the Government and the APSEB hereby guarantee that there will be no retrenchment of employees for any reason and their status / services will not change. (b) The terms and conditions of service upon transfer to the Corporate entities, such as promotions, transfers, leave and allowances etc., regulated by existing regulations / service rules in vogue will be guaranteed to continue to be the same and any modifications ‘shall be by mutual negotiations and settlement without detriment to the existing benefits. (©) With regard to wage negotiations, the present system of bipartite negotiations shall * continue. The successor entities of APSEB will enter into all future - wage settlements including the wage revision due from 1-7-98.Ie (d) The Government and the Board/Suecessor Corporate entities guarantee the paymen of Pension including Dearness Relief and other terminal benefits that are in force as on today. © Alll the existing welfare measures like the scheme for compassionate appointmen and medical reimbursement etc., shall be continued. () All benefits of the services rendered by the employees in the Board as on the date o restructuring ie. the effective date, shall be protected and shall be given ful effect. (® The period of the service of the employees under the Board and under the Corporat: entity shall be treated as continuous service for the purposes of all service benefit: and terminal benefits payable to the personnel. (h) The existing welfare benefits to the retired employees shall continue. All obligation: in respect of payment of pension and other retirement benefits includiny provident fund, superannuation pension and encashmennt of leave etc., gratuity, t: the employees who have retired and who are fang to be retired from the service: of the Board before the date of restructuring shall be the liability of the Corporat: entity and in respect of all statutory and other schemes relating to the employee existing on the date of restructuring the Corporate entity shall stand substitute for the Board for all intent and purposes. (@ All accumulations in the respective funds including provident fund, gratuity an superannuation benefits shall be transferred to the corresponding funds to b established by the successor entities. : * 3@ ® So All the existing agreements / settlements and liabilities shall be honoured by t successor entities to the Board. In the event of formation of two or more corporate entities all the existing employee will be absorbed in these corporate entities which would be the successor bodies t: the Board. However, one entity will be termed as the main successor entity for al service matters. As on the date of formation of these entities, the employees will continue on as-is where-is basis but their services would be maintained at the main successor entity and they would be treated as being on deputation to the other successor entities. There will be a period of transition, which shall not exceed five years, ( this period could be altered through mutual consent), during which options of employees will be sought for their absorption in the successor entities. During this transition period, i.c., till the period of finalisation of options of the employees and their absorption in the successor entities, the cadre management will be made by the main successor entity. The other entities will invariably accept the personnel posted by the main successor entity, Strict guide lines based on seniority cum work experience will be the basis for. absorption of personnel in the successor entities. The service conditions of the personnel in the successor entities will not be inferior to the services in the APSEB. Terminal benefits including GPF and pension payments would be dealt with by the main successor entity during the period of transition and by the successor entities after the transition period. Suitable VRS package will also be finalised and announced before restructuring. Similarly, all pending appeals in respect of disciplinary proceedings pending before the Board shall be finalised before the reform process commences.f ‘The employees transferred to the service of the Corporate entity shall vy deem on the — ffective date. ‘m)AIl disciplinary proceedings pending at the time of restructuring shall t + dealt with’ by ths suecessor entities. AI disciplinary cases already finalised and : anishmects wvarded by the Board shall not be reopened, ad n) The Government in G.O.Ms.No.62, Energy (Power.]) Department, dt. 7-97 have. « dois vactivwed a Task Force under the Chairmanship of Secretary (E:orgy) for sanagement of the Reform / Restructuring process. It is agreed to .nend this; G.O. and to provide for the setting up of a Sub-committee under this Ta: Force ceusider all issues relating to employees, It is agreed to provide representation to. ssociation in this Sub-committee. (>, uv the sent ef the Government forming Joint Ventures in Distribution, the.” Association reserves its right to represent the views of the employees and the Gover “ent / the Corporate entity will give due consideration. (p) All the existing workload norms will be continued and changes from ti:2¢ to time, vili be finalised through mutually negotiated settlements. (q) Whenever the newly created Corporation(s) fail to implement the above agreed points, the State Government shall tal:e full responsibility to get them impl« nented.oy (These assurances / protections will be sultubly ihecrporated in the forthcoming Reform s Act and the Rules made thereunder, On behalf of the State Government On behalf of the Association Sk Ree esa V.S.Sampath, 1A M-Hanumantha Rao <= Secretary to Goveremnt President Energy Department. ee Secretary Vice-President NYS Maran ee VR.Vasanitha Joint Secretary ‘Treasurer