Wednesday, April 14, 2010

Gross Injustice-Heavy cost of pension option

Dear sir,
1.I was scale-IV officer when I took VRS from PSU bank in september 2009 and I took VRS at the age of 52 yrs 3 months.Iwas PF optee and now was willing to opt pension.....
ii.I was paid EPF rs 826296/-banks contribution.
iii-I was running at maximum scale of pay i.e 24140/+750/PQA+620/FPP.
IV-Is it so and true that I have to contribute Rs 360000/= for opting pension?it will be total injustice with the persons like me....pls ttake up the matter before signing Pension draft with IBA.
M.C.AgrawalEx-Chief Manager
mca1957@rediffmail.com
09462119372,0141-2712388