Chandigarh union warns of pension fund withdrawals

Chandigarh's Municipal Corporation Employees Union has raised concerns about a financial crisis affecting salary and pension payments. They met with the MC Commissioner to discuss the issue, highlighting delays in funding from the Chandigarh administration. The Union is particularly worried about a recent decision to withdraw Rs 56 crore from the Corpus Fund, which is designated for pension and gratuity payments. They are calling for the immediate replenishment of these funds, along with interest. Despite the financial challenges, the Union noted that other funds, such as the village development fund and Covid fund, have sufficient resources. They emphasized that withdrawing from these accounts could be done without objections, allowing for future recouping.