The Indian government has announced a significant increase in pension for retired Central Government employees.
The proposal includes a range of increases from 20 to 100 percent based on the age of the pensioners. Here are the details:
- Pensioners aged 80 to 85 years will receive a 20 percent increase.
- Those aged 85 to 90 years will receive a 30 percent increase.
- Pensioners aged 90 to 95 years will receive a 40 percent increase.
- Those aged 95 to 100 years will receive a 50 percent increase.
- Pensioners above 100 years will receive a 100 percent increase.
The increase applies to retired employees under the old pension scheme who have completed 20 years of regular service.
Importantly, this proposal also includes employees under the National Pension Scheme (NPS), who are now eligible for voluntary retirement after completing 20 years of service, ensuring that they are not left out.
However, it’s important to note that this promising proposal has not yet been officially implemented and is subject to final notification by the government.
Once the notification is issued, pensioners will receive the increased pension under the old pension scheme, keeping you informed about the process.