Maneka Gandhi launches new guaranteed Minimum Pension Scheme - Moneylife

Maneka Gandhi launches new guaranteed Minimum Pension Scheme - Moneylife

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MG Warrier
If the government is serious about ensuring a reasonably secure post-employment/retirement life for workers who earn 'starvation wages', the organisations like PFRDA (implementing National Pension System), LIC and EPFO should put their heads together and implement schemes that will get resources from employers when employees serve and by managing the funds prudently, these organisations should be in a position to pay a decent regular pension for retirees and their survivors. Rs1000 wll be inadequate, even if the Parliament House canteen facilities are thrown open to pensioners.

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