Pension is a burden on the economy , sooner it stops it is better for the country. Except defence no department shall be allowed pension for the employees. Look At the way oil companies are paying hefty salary to their employees . After retirement they get hefty pensions. This amount is going from tax payers money. Stop this practice and rejuvenate the economy.
Biggest liability of rly is DA linked pension and perqs. of retired people, understand that the impact is more than Rs.35000 crore whereas total receipt from passengers in a year are Rs.30000 crore, what is remedy, why all Ex. employees cannot be treated like EPFO type scheme by which whole India is looked after.
Re: Rly
by balasubramanian iyer on Aug 10, 2015 06:20 PM
absolutely correct. When all pvt employees are having only EPF facilities why govt employees need pension scheme which is mounting pressure on comonman. It is not noly for railway but for all govt employees(those already retired and who are awaiting retirement)