Business Standard

Letters: Review pension system

Employees who were in service as on December 31, 2003, who will continue to enjoy the benefits


Business Standard
Review pension system

Ramanath Nakhate’s letter captioned “United fight for pension” (July 24) gives deep insight into the plight of a section of pensioners who retired from some public sector institutions. The reasons for the government of India (GoI) and organisations like Life Insurance Corporation, Reserve Bank of India and public sector banks in which pension schemes had been introduced during the 1990s, lending a deaf ear to genuine demands for pension revision, may be different from those being shared in public. To understand that, one may have to look at the status of pension scheme applicable to central

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First Published: Jul 24 2017 | 10:43 PM IST

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