WHY PENSION UPDATION

 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 a case which comes under Article 226.

AN ARTICLE BY MBC MENON