The Pension Fund Regulatory and Developement authority Bill has been presented in the Lok sabha on 24th March 2011 amidst stout opposition from the left party MPs.UPA I Govt.could not present the draconian bill due to the opposition of the left parties on whose support the Govt.existed.Now the UPA II does not require the support of the left parties,they desperately want to get passed the bill in the Lok Sabha.The main intention of the bill is to privatise the pension fund ,rather to invest in share market.This will definitely endanger the pensioners.AIBDPA strongly protest against the move of the Govt.to pass the bill.