New Delhi, Nov 17: Strongly opposing the Pension Bill cleared by Union Cabinet, CPI(M) today alleged that the proposed legislation will deprive lakhs of government employees their right to get an assured rate of pension at retirement and demanded that it be rejected by Parliament.
In a statement, party Politburo said it strongly opposes the Pension Fund Regulatory and Development Authority Bill cleared by the Cabinet ignoring Standing Committee’s recommendations.
The Bill provides legal backing for putting pension funds into the stock market.
From: http://ping.fm/5N9NH
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