www.expressindia.com - Weather | Horoscope | Stocks | RSS
expressindia web city
HomeBlogsCricketAstrologyShopping TendersClassifieds Opinions Hotels
Sign In / Register | Archive
Expressindia » Story

Pension fund crisis comes back to haunt PAU

Font Size

Amrita Chaudhry

Posted: Nov 07, 2009 at 0401 hrs IST

Ludhiana With pension crisis staring in the face yet again, pensioners of Punjab Agricultural University have threatened to file a contempt of court or approach the Supreme Court if the university failed to pay pensions by November 14.

SP Garg, general secretary of the PAU Pensioners Welfare Association, informed, “At the general body meeting of the association, we have decided to approach the court in case our pensions for the month of October are not released immediately.”

Notable here is that PAU has been facing severe pension crisis since November, 2007. So far the university has somehow managed to pay pension to its 2,400 odd pensioners. PAU disburses Rs 2.5 crore each month as pensions.

The High Court, in its judgment in May last had disposed off a petition filed by the Confederation of PAU Pensioners Associations with a direction to the PAU to decide the representations made by them within a period of one month from the date of receipt of certified copy of the order.

Adding to this, SN Sharma said, “After having somehow tided over the last two years with some grant from the government, also PAU also chipping in, we kept getting our pensions somehow. But now the situation seems grim as PAU doe not have funds while the state government has not cleared any of the the schemes suggested by PAU that could hep in raising funds like levying a 50p cess on each bag of wheat and paddy produced in Punjab.”

The members of the association added, “With no alternative in sight, we can only seek intervention of the court. For the last two years, we have been holding meetings with various officials trying to identify means through which PAU could raise some funds . Despite heavy-duty brain-storming, no result has come out till date and we pensioners are the major sufferers for we have to face this humiliation in old age.”

Discuss this story on expressindia forums
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

India 2020: 20-25% cuts in carbon intensity

SC stays CIC's order on appointment of judges issue

Migrant labourers block Delhi-Ludhiana highway, burn vehicles

Al-Qaeda helping LeT to provoke Indo-Pak conflict: US

Left to give PM 'evidence' of Maoist-Trinamool 'nexus'

SP goes 'Mulayam' on BJP, says will attack Cong, Rao over Babri

N-plants under review after Kaiga: Chavan

More
Featured Services
© 2009 The Indian Express Limited. All rights reserved
The Indian Express Group | Advertise With Us | Privacy Policy | Feedback | Work With Us | Site Map