Let The Healthy Keep Working
This refers to ‘FDs? Grandpa Needs More’ by TK Arun (Aug 9). It raises genuine concerns faced by the ageing population of the country. With FD rates going down and ordinary people having limited knowledge of other financial instruments, it becomes difficult for them to earn extra income. The opening of NPS Tier 2 account for people above 60 is a policy suggestion doing the rounds. That’s sensible. For a better living, the government should also consider retaining productive employees beyond superannuation if their health permits them to work. This is good for the economy as well.