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Friday, April 01, 2016

Non-credit of March 2016 pension


I checked through ATM a little while ago whether the pension for the month of March 2016 was credited to my pension account in my Bank.I found there is no credit for the same.May be because today happens to be a Bank holiday for yearly closing they have not credited pension.I may not be the only pensioner to suffer this default.

In-service employees get the credit of March salary 7 days before the end of the month ,but pensioners get March pension one day later than the due date.

The question arises as to (1) whether pensioners are employees & (2) whether pension is the same as salary.

Even the Income tax department is treating pension as salary for tax purposes.

How are we going to get this discrimination removed?May be this also requires a legal struggle.


Greetings.
C H Mahadevan