Bhubaneswar, April 2: IDCO has launched a new initiative by disbursing the retirement benefits to its employees on the date of their retirement.
As an Employee Welfare Measure IDCO has started releasing the Leave encashment of un-utilised earned leaves, the saving amounts in the Contributory Provident Fund (CPF) and gratuity amount of the employee on the date of retirement.
In addition to this, IDCO also organises a farewell meeting on the date of retirement of its employees which is attended by the Managing Director, senior officers and all colleagues along with the family members of the retiring employee.