It is an accepted fact there is erosion of money value.The salaried
class are badly affected by this phenomenon.In order to contain this
loss to a certain extent due to depletion of money value Dearness
Allowance is introduced.In the long run Dearness Allowance also become
insufficient to safe guard money value & purchasing power due to
unforeseen economic conditions, Pay revision is resorted to make up loss
of money value & purchasing power beyond the ambit of dearness
allowance .Now coming to the subject of pension, Supreme court has
already declared that Pension is not a bounty, it is differed wages for
the services reentered & a right. Although Dearness allowance is
given in pension also to make up the erosion of money value &
purchasing power, but discriminated from salaried successors by denying
pension updation during wage revision, even though pension is a differed
wage as declared by Hon Supreme Court.Hence this is case a which
comes under Article 226.
AN ARTICLE BY MBC MENON
AN ARTICLE BY MBC MENON
No comments:
Post a Comment