Tuesday, July 1, 2014

PenOp should be 'on tap'



The previous government was misled on pension issue. The blind introduction of NPS through back-door for a section of central government employees under external pressure, then forcing like-minded state governments to follow suit, interference in the implementation of existing funded pension schemes in several public sector organisations are all the result of this. The new government should review the whole issue. As regards pension option, it should be available ‘on tap’ subject to the same terms first optees were given the switch over from PF to pension. 

- M.G.Warrier

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