There is no pension for PSU employees as yet. It has been proposed by the Pay Committee for executives. So it may only now also be implemented for workers.

If you carefully read the reasons for protests against disinvestment, it is against sell off of public assets at throw away price by the Govt in power without proper costing and assessments. These PSUs are having real estates valued at thousands of crores which are just handed over at book value. And only profit making PSUs are looked to be privatised not loss making. Look at what happenned to Centaur Hotel. It was sold to a private party and that party promptly sold it to another party at a neat profit of 150 crores overnight! Complete BALCO with all its assets was sold to Sterilite just for 450 crores! A few years back Supreme court had to step in to stop total selloff of HPCL. IPCL a highly professional and profit making PSU was sold for with all its assets and that included the best cricket stadium in Baroda for a song to Reliance.

So what are the safe gaurds to prevent such fraudulant sell offs of Public assets?