HYDERABAD: A large number of Central and State Government public sector employees, teachers and workers formed a human chain on the Tank Bund on Tuesday, to mark the Save Pension Day programme.
Responding to the call given by the Struggle Committee of Central and State Government Public Sector Employees, Teachers and Workers, they observed the day to protest privatisation of the pension scheme.
The Andhra Pradesh Joint Action Committee of Employees, Teachers and Workers took out a rally from Lower Tank Bund to Indira Park, demanding withdrawal of the scheme.
Addressing the meeting at Indira Park, leaders wanted the Central and the State Governments, as part of the social security scheme, to introduce pension for the employees and teachers.
They charged the Centre with succumbing to pressure for privatising pension.
According the new decision, all employees joining Government service after 2004 would not be eligible for pension, they said. Since September 2004 teachers and other Government employees were made to enrol in the Contributory Pension Scheme.
At a press conference, Andhra Pradesh United Teachers' Federation co-president S. Ramanaiah
Sastry and general secretary S. Narayana demanded scrapping of the new pension scheme.
They wanted interest rate on PF to be increased to 12 per cent and contract system of appointing teachers abolished.