PTCL Voluntary Separation Scheme Announced
Details of Voluntary Separation Scheme (VSS) at PTCL have emerged with information also provided at PTCL site which puts it like this in Urdu: Aap Ki Hidmat Ka Etraf (We recognise your services).
Total cost is about Rs 35 billion, out of which 50 per cent amount will be paid by the good old Government of Pakistan. The intended / eligible target of VSS are PTCL employees who are not over 58 years of age – probably management does not consider them relevant to the latest technology and strategy. According to insiders, this scheme works well for those who are relatively new at PTCL. As I have written before, if PTCL management handles this well, then this could be good for both the company and its employees in the long run. Business Recorder provides more information.
The government has imposed ban on re-employment of those employees of Pakistan Telecommunication Company Limited (PTCL) who will opt for Voluntary Separation Scheme (VSS), informed sources told Business Recorder.
“The Ministry of Information Technology will ensure that optees who are granted voluntary separation will not be re-employed by PTCL,” the sources quoted Cabinet Committee on Privatisation (CCoP) as giving directions to the Privatisation Commission.
TelecomPk.Net is a leading source of information and analysis about Pakistan Telecom industry. 
