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The Economic Times
The Economic Times

Rs 1 cr retirement corpus not enough: PSU employee retiring after 35 years job breaks down before son seeking help

A government or PSU job in India is often considered one of the safest and most stable career paths. Add a retirement corpus of nearly Rs 1 crore, and many would call it a dream ending to a long career. But for one family, that money has become a source of fear rather than comfort.

A Reddit user recently shared the emotional story of his father, who is set to retire next year after spending 35 years at Steel Authority of India Limited (SAIL). According to the post, the father will receive close to Rs 1 crore after retirement. However, the son said the family is deeply worried about how the money will be managed.

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