Financial Daily from THE HINDU group of publications
Wednesday, Nov 19, 2003
Financial Daily from THE HINDU group of publications Wednesday, Nov 19, 2003 |
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Opinion
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Letters Pension judgment
The Supreme Court's judgment regarding the validity of the Employees Pension Scheme 1995 will benefit millions of workers in the private sector. The Employees Provident Fund Organisation should take efforts to publish the various benefits that employees will receive under the pension scheme to enable those in the private sector to take advantage of them. Likewise, the Government should extend the new gratuity benefits to the PSU employees with effect from January 1, 1995. The Government employees are already enjoying this benefit with effect from January 1, 1995. Only those staff who retired from public sector units between April 1995 and September 22, 1997 are denied this rightful benefit. One hopes that the employee unions take up this matter also as one of its requests for the Government to take necessary steps for the payment of gratuity with retrospective effect from January 1, 1995, as given to the Central Government employees. V. Venkitasubramanian Kochi Letters to the editor and contributions can be sent by e-mail to:bleditor@thehindu.co.in
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