We the non pensioners, who retired from PSU,Banks etc, depend only on the interest income through our life .The amount i.e. as a Terminal benefit ( The company contribution plus our Contribution against this Terminal benefit) may be twice compared to what the retired government employee get To start with retired government employee get 50% of the interest what we get Plus the pension. As the days goes the pension what they get is more than doubled in 10 years (Gov can check the record)..Where as we get the same amount till our life which becomes pee nut in the days of spiraling cost of index and reduced interest from the bank. More over while file the income tax return the retired government employee is allowed the permissible standard deductions plus the permissible house rent. from his total income. where as we are not allowed any thing. This may please be looked into.
B.S.Jagatheesan
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