This WEDNESDAY WAIL = of Bank Retirees reg. PENSION FUNDS

From whatsapp groups:

It is high time that serving staff unions and retiree organisations put in their efforts to safe guard the pension trust funds.how the funds will be msnipulated by post merger entities.
It may be taken up with GOI to pool all funds of PSB trust funds and entrust them to central Provident Fund who can be asked to make payment of pension to all PSB retirees or a separate authority may be created with representation from retiree organisations.
Gcssatri ex Indian Bank

[

06:24, 9/19/2018] babuvenk55: All said but nothing done except namesake Protest letters, as in case of PNB diversion. CENTRAL POOL ING or Funds Management as suggested by you  is a good idea to check manipulations or m is management. Participative management is a failure as per history that tells Trade unionists turned as management philosophers. Now PENSION REGULATORY AUTHORITY IS THERE. Better to represent to it. 👇

PFRDA caps MF investment by NPS; Kotak Pension most hit

PFRDA caps MF investment by NPS; Kotak Pension most hit Deepti Bhaskaran A recent circular from PFRDA says pension fund managers of NPS can invest only 5% of corpus in mutual funds

PFRDA caps equity mutual fund investment at 5% of total corpus

PFRDA caps equity mutual fund investment at 5% of total corpus Deepti Bhaskaran The cap on equity mutual fund investments will primarily impact Kotak Mahindra Pension Fund because it had inves...

= VBV RAMESH