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Pvt. Companies / Public Ltd. Companies not covered under NPS
by Juliet Costa on May 24, 2007 09:56 AM   Permalink | Hide replies

When the public are being taxed most of the time, why when benefits are concerned they are not included? for instance NPS now is only for govt.employees? Also for release of withdrawals of P.F.Amount the employee has to actually follow-up to the extent of begging the officials to sanction the release as they give excuse that due to transfer memo not received from the employee's old P.F. office the present P.F. office is not able to release the withdrawal amount. Who is responsible for follow-up with the old P.F. office when the transfer amount cheque has already been deposited into the P.F.A/c. of the employee by the present P.F. office?

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  RE:Pvt. Companies / Public Ltd. Companies not covered under NPS
by Dara Acidwalla on May 24, 2007 11:24 AM   Permalink

Public is not being taxed. It is being MILKED day and night for the benefit of ministers, babus and such MC BC FC and P.E.S.T.S.

Benefits are only meant for such louts.

When we want to withdrawal our P.F.Amount the we must grovel before the mai-baaps that we have allowed to be created.

When we retire we find that we do not get our P.F.Amount we have to even bribe to follow-up and go begging to the officials to sanction the release our our money. Then to our shock and disbelief we find the BJP government ate up 50% and transfered it to our pension account from where we will receive a piddly amount as pension every month. Very clever that old Mr Roll back FM.



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The above message is part of the Discussion Board:
Demystifying new pension system