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