Air India announces voluntary retirement scheme for employees

NEW DELHI: Air India on Wednesday announced voluntary retirement scheme (VRS) for employees, the airline said in an official release.
As per the VRS, permanent employees who are above 55 years of age or who have completed 20 years of service can opt for it.
Airline staff who apply for VRS between June 1 and June 30 will receive an additional incentive over an above the ex-gratia amount.