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Mangalore: Provident Fund Pensioners Protest - Demand Revision of EPS 1995

  •   Tue, Mar 29 2011 03:14:02 PM

Pics: Spoorthi Ullal
Daijiworld Media Network – Mangalore (PS)

Mangalore, Mar 29: Provident Fund Pensioners in large numbers took out a procession from Kankanady ground at 10.00 am and reached to demonstrate in front of Mangalore Regional Provident Fund office on Tuesday March 29. The demonstrators mainly urged the concerned to revise EPS 1995 for the betterment of PF pension scheme.

The protestors demanded for minimum monthly pension of Rs 1500 for PF pensioners, re-establishment of commutation system and return of capital system, dearness allowance to be linked to the consumer price index, monthly pension to be paid on first of every month and full pension to be given after 100 months to those who have got commutation among others.

Dakshina Kannada District Committee of PFPA, president Vasanth Achari, treasurer J Balakrishna Shetty and secretary Sukumar among others led the protest.
  

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Comment on this article

  • Pankaj Dasgupta, Kolkata

    Sun, Feb 24 2013

    1.EPFO pension has not been revised for last 13 years
    2.CPI is increasing and Essential commodities is now beyond the reach of EPFO pensioners.
    3.Bank FD interest rate is coming down. In the year 1999 Banks used to offer Interest 11 to 12 %.now a days, this is is around 9%.An immediate revision of pension structure is essential.Mere declaring 3,4,5,6...relief will not bring desired result.
    Bank should offer at least 2 % more interest to senior citizen and should be fixed at minimum 11%.
    These steps will help senior citizen to live with self esteem.

    DisAgree Agree Reply Report Abuse

  • A K SATIJA, CHANDIGARH

    Tue, Apr 19 2011

    GOOD INITIATIVE. BEING PENSIONER UNDER EPS 1995 I STRONGLY SUPPORT THE MOVEMENT. NO ONE IS TALKING ABOUT THE PLIGHT OF EPS PENSIONERS, AND THIS NEWS HAVE REALLY GOOD FOR THOSE WHO ARE LEADING MISERABLE LIFE DUE TO ESCALCATING PRISES.

    DisAgree Agree Reply Report Abuse


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Title: Mangalore: Provident Fund Pensioners Protest - Demand Revision of EPS 1995



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