POSTED BY August 16, 2013 12:07 pm COMMENTS (3)ON
Can any body pl explain how provident fund in Government service is different from that of Private service? On retirement govt employees get a secured pension linked to DA whereas private service employees get only their accumulated amount with due interest and a funny amount as pension. Does this mean that govt employment benefits outweigh private employment benefits post retirement? If so, does govt subsidise these generous pension payouts from the taxpayers money? Confusion…..