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With Chief Minister Oommen Chandy adopting a tough stance on the proposed Contributory Pension Scheme for new recruits in the government service from next fiscal, no breakthrough could be achieved in the talks convened by the government with the representatives of various service organisations here on Thursday.
Organisations aligned with Opposition parties walked out of the meet and subsequently announced that they would go ahead with their proposed token strike on August 21.
The Chief Minister took a position that the concerns of the employees on the utilisation of pension fund, in which the contribution is going to be parked, as well as the demand for a guaranteed minimum pension would be brought to the attention of the Centre.
However, defiant leaders of Left outfits refused to budge from their stance for a total roll back of the proposal, leading to heated arguments with the Chandy.
The leaders of service organisations affiliated to the Congress pleaded to put the proposal on hold until the adoption of the Pension Fund Regulatory and Development Bill, which is envisaged to prevent the misuse of the Pension Fund corpus.
The government stuck to its stance that introduction of the CPF for at least future recruits was essential to avoid a total collapse of the state economy, which is handing out more than 75 per cent of its revenue for payment of salaries, pension and interest on loans at present. As tempers ran high, Chandy lost his cool and challenged the leaders to go ahead with whatever plans they have and added that the CPF scheme was going to be implemented at any cost.
Finance Minister K M Mani and Power Minister Aryadan Mohammed were also present at the meeting.
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