Problems of senior citizen of the age of 60/65
Namaste,
I would like to draw your kind attention on the difficulties faced by common people who are having age 60 0r 60+ and retired from sector where there is no facility of pension.
These are the people
Who has paid income tax throughout the life but they are not getting any benefit from gov. after retirement.
Who has spent most of his saving including his provident fund in making his house fulfilling requirements of his family like education of children and their marriage and for any other major medical expense.
After doing all above he may have some saving and (income from saving) this is not sufficient to maintain his life with bear minimum requirements fighting inflation. Here I have not considered any accidental medical expense. If one can suggest for medical insurance but even after paying premium for 15/20 years @ 20000/year after certain age all insurance companies are refusing insure you.
As on today at the age of 60/65 even if he is ready to work he is not able to find it.
Sir can we have some solution for such people who has no other source of income other than mentioned above.
For gov. and semi gov. employee gov. is taking care till they die and thereafter of spouse also.
Sir can I request you think for such tax payer people also for whom nobody cares, so that they also can leave respectable peacefully life.
My suggestions:
one can utilizes there experience by giving some work for witch nobody will refuse as they get some activity instead of setting at home. It can be for social work for betterment of society where most of young people may not like to work looking to their future goal and we would also like to utilize their abilities for betterment of India.
Gov.can force all private sectors to take this responsibility so that people who are going to be retired will not have any problem like this. one can say that they pay Provident fund, gratuity etc but there some conditions of min.period of service like say 5 years if person is leaving organization after 4years 10 months he will not get his gratuity. more