With the changed social structure in the absence of proper care by children the life of senior citizens has become miserable in India. Your good self must be aware of that most of the countries in the world look after their Sr. citizens by paying regular pension sufficient for good living standard, whether they have been in service or not. Though Govt. of India has taken many steps for the welfare of Sr. Citizens but unfortunately a class of retiree has been badly ignored. Fact is that most of the PSUs / Govt. boards and corporations like Punjab Markfed & Punjab Agro Industries Corp. FCI etc. are not paying any pension to their employees on retirement. These employees are paid EPS pension. Amount of this pension is around one thousand or so per month only. Even some of the employees who after more than 30 years of service retired in the year 2000 with a salary of 20,000 or more P/M are only getting Rs. 600 P/M or so as EPS pension. Defects lies in the pension calculating formula which consider length of service from year 1995 onward only, forgetting 25 years length of service in above case. Even this pension amount remains unchanged through out the life, since it is not linked to any DA or price index, unlike other Govt. pensions. Naturally in the absence of any other source of income, the life of the retirees have become miserable. Such an attitude of apathy of the Govt. towards the retirees, who have contributed lakh crores of rupees, now lying un-used in Provident Fund Account, is very disgusting. Your good self must have observed that EPF organization has built up a huge empire from the contributions of employees. As indicated in the news item published in the Tribune Chandigarh dated 25th April 2015the account balance of EPFO is 6.5 lakh crores of Rupees besides thousands and thousands crores of unclaimed money. Thus actual balance would much more than this since the organization, has been regularly transferring some these unclaimed funds to Govt. However the employees are being deprived of their equitable share in the form of pension. In this connection a report submitted by parliament expert committee is lying pending since 2010 with the concerned ministry as indicated in the PIB memo copy placed in the attachment here. Your good self can very well understand how any family can survive with this meagre amount of Rs. 1000 P/M in such a high cost of living, especially a senior citizens who has served the Govt. though out his life. After a life long service to the nation, the condition of retirees can be well understood. The Govt. should not forget its obligation towards such ex-employees at least. The Govt. should fix Rs.10000/- per month as minimum EPS pension along with D A as per price index like other Govt. Employees. more  

IMG_20150706_184007___20150813104029___.jpg
View all 42 comments Below 42 comments
In this connection I have already contacted more than 20 MPs. and directly written to Hon'ble PM Modi .Everybody need to write to PM on Net Portal " Direct Interaction with Hon'ble PM". Only such steps on mass level can bring some change in the system. more  
Its not right to have any Bandh in country, the suffers are the BPL people who work on daily wages, the rich does not suffer, as they have black money to spend, especially people living in costly flats with black money stored and fool the income tax people. Even ordinary people after working for 40 years do not get their PF/EPF since when you go to the office for receiving payment they say papers are not correct. The country is full of corrupt ideas/people. more  
It seems trade union leaders are also hand in glove with government authorities. When they get salary/wages increased they get more membership. But nobody cares for increase in pension because after retirement they do not earn anything from retired labor force. It is the workmen who have to awaken to their future. more  
यह वास्तवमे दुर्भाग्यपुर्ण ही कहा जावेगा दि २ सप्टेबर को १० ट्रेड युनियनो द्वारा प्रणित इस हडताल मे ना किसी कर्मचारी द्वारा अथवा ट्रेड युनियन के पदाधिकारीयो द्वारा कर्मचारीयोंको देय सीमीत एवं अपर्याप्त निधी राशी काे बढाने बाबद कोई मुद्दा एजेंडे मे शामिल नही किया.बहुतहीत शर्म की बात है कि न्युनतम रू १०००/- तथा अधिकतम रू. ३२५० /- राशी जो उंट के मह मे जीरा समान ही है मिल रही है और किसीने इसपर आपत्ती नही उठाई इससे स्पष्ट है हम अपनी उचित मांग भी शासन के सामने प्रस्तुत करनेमे कंजुसी या लापरवाही करने जैसा सिध्द करते है .हालहीमे पेंशन राशीको महंगाई भत्तेसे जोडने बाबद प्रकरण सबकारीता बेंक कर्मचारी युनियन द्वारा क्षेत्रीय भविष्यनिधी आयुक्त के माध्यम से नई दिल्ली केंद्रीय भविष्यनिधी आयुक्त श्री केके जालान को आवश्यक कारवाई विचारार्थ प्रस्ताव भेजा गया है एसेही प्रस्ताव मांगपत्र संबधित क्षेत्रीय आयुक्त के माध्यमसे नई दिल्ली भविष्यनिधी कार्यालय भेजनेकी कारवाई सभी क्षेत्रो से की जानी चाहीये ताकी शासन की आथे खुले .
एक तरफ खासदारोंकी पेंशन रू १४०० से बढाकर रू २०,०००/- कर दी गई है दुसरी तरफ उद्योग मे कार्यरत रहे कर्मचारीयोंको अल्प देय पेंशम राशी बढाना तर्कसंगत प्रतीत होती है .इस बिंदूपर गहराईसे विचारविंमर्श अपेक्षित है एवं तदानुसार रचनात्मक उचित कारवाई हेतु तुरंत कदम उठाये जाना समय की मांग है कर्मचारी बंधुओ more  
As regards Bharat Band, it is a fact that majority of labor force are interested in increase in salary/wages without bothering about amount of pension which is very unfortunate. After retirement when they face reality then it is too late. more  
Post a Comment

Related Posts

    • EPF Online transfer claim

      I had requested online for Claim Transfer and received message from EPFO saying its approved and amount will be credited soon but even after 40 Days , it's not transferred to current PF account.My ...

      By Gourav Anand
      /
    • Shared this from Tax, Investments and Retirement

      most of the middle class people retired from private sector have been getting a megre EPS pension anything between Rs.1000 & 2000 per month. This is without any increase for more than last 20 y...

      By Nagendra Rao Galla
      /
    • Covid19 relief measures attached

      Government to pay the EPF contribution for the next 3 months for establishments with upto 100 employees 75% or 3 month's non-refundable advance allowed from EPFs

      By Satvik Singh
      /
    • EPS pension

      how much pension I could get under eps-95 scheme per month if I volunteer retire at the age of 54year ,my joing date of service is 1990 January.and length of service is 30.5 years with a basic sale...

      By PRAKASH BAVISKAR
      /
    • PPF account extention

      Can anybody guide me about the procedure of SBI PPF account extension from remote location (you are not in the city where the PPF account is running). Visiting the place just because of physic...

      By Shibdas Mallick
      /
    • Option for reduction of EPF contribution - Dangerous

      Seen in newspapers, HR circles that an option will be provided to employee to reduce his contribution, but Employer share will remain same. Why this? It is claimed more take home compensation for e...

      By SN Sitaram
      /
    • EPF interest is always lower than the declared percentage- check it

      Have you ever checked your EPF interest amount credited with calculation? There are thousands of blogs regarding declared interest rate etc but it never gives a proper calculation procedure to chec...

      By Shibdas Mallick
      /
    • PF withdrawal

      Chances are low now for fraud as you will be linking Aadhar, PAN , bank account etc., to the UAN. Probably it is wise to withdraw at the end of three years as it can fetch fairly good interest ti...

      By GK SESHASAYEE
      /
    • Interest on EPF

      Its going to be 3 years since you left. You have't withdrawn so far, must be some plan. f you have any plan to join some service, its ok, otherwise there is no point of retaining the balance in fun...

      By Vijay Agarwal
      /
    • Duration of interest on EPF balance after quitting job .

      I resigned from my company at the age of 48 yrs after 28 years (May1989 to Jan 2017) of service, hence contribution to my epf account stopped. Pl inform that how long will the balance in my e...

      By Sanjay Tikoo
      /
    • EPS certificate

      Friends,I need suggestion regarding my EPS certificate received from EPFO. I have worked in a trust for 2 years 10 months and after that joined another company which does not contribute to EPS.

      By Anuradha Bhatta
      /
Share
Enter your email & mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)