This blog is meant for use by members of the Association for news and views. Send comments / suggestions / views to e-mail Id: aiaipasp.ors@gmail.com

Wednesday, January 22, 2014

Hole in the employees' pension scheme rises to Rs 62,000 crore

The hole in the employees' pension scheme rose from Rs 54,200 crore in 2008 to nearly Rs 62,000 crore in 2009, according to a significantly delayed valuation report of the scheme that was launched for provident fund account holders in 1995, when Manmohan Singh was the finance minister.

The report, which was presented to the government last year but only shared with PF trustees last week, has recommended that a part of the pension scheme's corpus be invested in "real assets like equit .. 


No comments: