Showing posts with label DOLLAR ARREEMENT. Show all posts
Showing posts with label DOLLAR ARREEMENT. Show all posts

Thursday, 23 December 2021

Increase in wages and terms / conditions on NUSI dollar agreements on foreign flagships ( Circular no. 36 0f 2021 )


 Date of circular : 22nd December, 2021 

Circular no:  36 0f 2021    

Apply to :  All ranks of ratings and petty officers will receive the following.

Effective   : 1st January, 2022 till 31st December, 2023.

                               
NUSI is pleased to inform you that the NUSI dollar agreements for service on foreign flagships have been revised upwards. 


Salient features of :NUSI dollar agreement for ratings and petty officers employed on foreign flag ships

• Basic Wages for all ranks of seafarers have been increased.
• Wage related items like leave, overtime have also been increased.
• “Diwali” and “Ramzan Eid” holidays has been included for first time.
• Provident Fund amount has increased for all ranks.
• The Additional Voluntary Contribution will continue to be deposited.
• Gratuity amount has increased for all ranks.
• Death compensation has been increased to US Dollar 1,08,012/- for 2022 and US Dollar 1,09,632/- for 2023.  Compensation for each dependent child upto 18 yrs of age has been increased to US Dollar 21,603/- for 2022 and US Dollar 21,927/- for 2023.
• Disability compensation has been increased to US Dollar 1,08,012/- for 2022 and US Dollar 1,09,632/- for 2023.
• Employment to Ratings with COC as Officers has been taken up strongly and NUSI will bear all costs of skill enhancement and other training of such ratings.


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