HC directive on plea for restoring old pension scheme

Image
Press Trust of India Madurai
Last Updated : Jul 13 2017 | 6:13 PM IST
Madurai Bench of the Madras High Court has directed the Tamil Nadu Government to file a status report on submission of final report by an expert committee set up to examine the possibility of restoring the old pension scheme for its employees in place of the contributory pension.
Justice D.Raja directed the Additional Chief Secretary, Finance (PGC) Department and the Principal Secretary, Planning and Development, to file the status report within three weeks.
The order was given during the hearing of a petition by P Fdredic Engels, a retired government school teacher, seeking restoration of the old pension scheme.
The petitioner said though the committee's term had been extended thrice last year, it had not yet submitted its report. To a query by him, the government had informed that the report had not been filed till June 8 this year.
He contended that the contributory pension scheme was discriminatory and violative of fundamental rights as the employees were 'forced' to relinquish their hard earned money without authority of law and with no guarantee of returns.
All the existing retirement benefits, inlcuding provident fund, gratuity, family pension and pension which were available till Feb 31,2003 had been lost.
Hence the court should direct the government to get the expert committee report within the time frame and restore the old pension scheme, he said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 13 2017 | 6:13 PM IST

Next Story