Marxism 46 (pension)

 The fiancé (monopoly) capitalism functions on the principle -- peoples' money, bankers' control and capitalist's investment. New Pension Scheme (NPS) started by corporate agent Atal govt = No Pension Scheme. By the last quarter of 19th century, at the beginning of the monopoly capitalism, no individual capitalist had capacity or intention/will to invest the required huge capital and hence began the Stock exchange system. along with share market Life long protracted contribution of workers like PF, pension fund etc. were the major sources of finances of monopoly capitalism at negligibly low interest rates, which the workers were paid after retirement in instalment. The post retirement financial security of workers was an inadvertent consequence of the laws of the development of finance capitalism. In neo-liberal capitalism, the workers'' protracted contributions are used in the growth of capitalism but workers are deprived from old age security. Hence pension of a worker was/is not charity of the capitalist state but the repayment in monthly installments of their own lifelong saving.