Sindh Madressatul Islam University Teachers’ Association (SMUTA) has fully endorsed the letter of SMIU Senate in which Vice Chancellor SMIU is requested to form committees to develop policies for Benevolent Fund and Pension Fund. The letter also highlights the need that university should contribute substantially in these funds to meet the long term requirements of SMIU Employees.
SMUTA Leadership stated it’s observed from media reports that employees of many Public sector universities are facing shortage of funds due to which the retired employees are not getting timely pension and other due benefits which is unfortunate. Therefore SMUTA demands from administration to plan, develop and manage the SMIU Pension Fund well before the time so that long term benefits of all SMIU employees can be safeguarded.
The leadership also insisted that benevolent fund is one of the statutory requirements of university, and therefore it must be developed and managed so that needy employees of SMIU, particularly those from lower grades, should get benefits in their acute needs and emergencies.
SMUTA always believes in prudent planning of the universities to sustainable solutions and long term development and benefits, and it shall continue the struggle for that We are witnessing how employees of other universities are facing problems because the pension fund was not planned and managed properly, and we do not want that when employees of SMIU retire, they face similar financial problems – Muhammad Ameen Chhajro, Vice President, SMUTA
Benevolent Fund is part of SMIU code and it’s best utilization should benefit the needy employees of SMIU, specially the employees of lower grade, Syed Azeem Inam, Joint Secretary, SMUTA