Retired PSU Employees Demand Urgent Pension Hike from President

Retired employees of public sector undertakings (PSUs) are calling on the President to use her authority to push for immediate pension hikes. The National Confederation of Pensioners' Associations (NCPA) has specifically requested the President to direct the Union Ministry of Labour & Employment and the Employees' Provident Fund Organisation (EPFO) to retract a controversial circular issued on January 18, 2025, which they claim undermines their financial security.

The retirees argue that many of them are struggling to make ends meet, and the pension adjustments are crucial for their well-being. They believe that the government has a moral obligation to ensure that retired employees receive fair compensation for their service.

This plea raises significant questions about the government's commitment to the welfare of senior citizens, particularly those who dedicated their lives to public service. As reported by The Hindu, the retirees are demanding accountability and action from the highest levels of government to address their plight and ensure that pensioners are not left behind in the current economic climate.

Source: The Hindu