The decision to allow FDI in pension funds will jeopardize the savings of millions of employees in the country.The Polit Bureau appeals to the people to oppose these anti-people measures. The PB also appeals to political parties to defeat these measures when they are brought before parliament.
The Bill will provide the legal backing for putting the pension funds into the stock market. This neo-liberal measure is being undertaken despite the pension funds in Western countries being badly hit by the 2008 financial crisis. Many employees found their pension benefits being sharply curtailed.