Allahabad University not depositing employees' pension benefit

ALLAHABAD: The Allahabad University authorities have failed to transfer the share of funds payable against the 10% share of monthly salary of an employee under the new pension system (NPS). Since 2004, every employee parts with 10% of his or her monthly salary and an equal share of 10% is provided by the institution and the total amount is deposited with PFRDA (Pension Fund Regulatory and Development Authority). But at AU, the university authorities have not deposited the money,...