May be ‘Yes’ and may be ‘No’ might be an answer to your query for one lakh pension at the end of your glorious innings.
If you are retiring in short while a pension of Rs one Lakh may be sufficient but if you are planning 20 years hence than this amount will be eaten by inflation. So take a call now before running for so called get 1 Lac Monthly Pension schemes etc. Read the fine print properly.