JKCCTU to hold demonstrations on Sept 9 against Pension Bill

Excelsior Correspondent
SRINAGAR, Sept 6: J&K Coordination Committee of Trade Unions (JKCCTU) in its emergency meeting here, today discussed the passing of PFRDA Bill in the Parliament.
The meeting was chaired by Mohammed Maqbool State president, JKCCTU.  While condemning the Pension Regulatory Development Ordinance Bill by the Parliament, the day before yesterday which will have disastrous consequences on the Government employees hard earned right pension. This Bill has been passed despite the stiff resistance by the Government employees of the country who resorted to strikes. But learning no lesson, the Central Government seems hell bent upon to attack the social security system to serve the interests of Corporate Sector, the meeting added.
It said the Central Government has already passed an ordinance in this regard years before which has been applied on newly recruited Government employees appointed after 2006. Now after passing this draconian Bill, the State and Central Government employees’ pension, as a biggest social security system, will be curtailed and finally withdrawn not only in case of new recruits but to the existing employees as well, it added.
It said this is being done at the dictates of imperialist Finance capital and their institutions like IMF and World Bank to boost the share market and to facilitate the big profit for the Corporate Sector and shift the burden of the present financial crises on the working class by putting their hard earned salary into the share market.
While strongly opposing the Bill which has been passed with the support of biggest Opposition Party like BJP the meeting warned the Central Government to withdraw this or be ready to face the wrath employees throughout the country.
JKCCTU during the meeting also decided to hold a protest demonstration on September 9 at Press Gali here and Press Club Jammu against the Bill.