yes it is.. because of this law many employee can facilitate by company servies because pension solves many issues of an retair person. Due to this law many people who face many problem after retairment can solve her issues by pensionDo you think the government can pass a law stating that any company or establishment that meets a certain industry standard must create pension schemes for their employees who are going to work with them for say a minimum of 10years. Do you think that is feasible. I think what the private companies will do is to just sack their employees before they reach that time period. Perhaps it is possible for the government to make sure that all companies have a compulsory pension schemes for their workers???.