From 3rd to 7th Pay Commission: Successive pension revisions, additional pension for…, central govt lists reforms

The Centre has said that the financial security of pensioners has always been taken care of through successive pension revisions guided by the recommendations of the 3rd to 7th Central pay commissions.

Replying to a query on the impact of pension reforms to help pensioners live with dignity, Jitendra Singh, Minister of State in the Ministry of Personnel, Public Grievances and Pensions, informed the Rajya Sabha that the central government revises pension and family pension through general orders aligned with recommendations of the central pay commission. As on date, there have been successive pension revisions from the 3rd to the 7th Central Pay Commissions, the reply said.

The minister in his response to a question also shared details of additional benefits for senior pensioners aged 80 and above.

Also Read Fixed Deposits: 7 banks offering more than 8% return on fixed deposits Southern Railway announces changes in train services due to engineering works – Check full list of affected trains here Finland updates minimum income requirements for foreigners residency permit applications NPS: How much should you monthly invest to secure Rs 1 lakh pension after retirement?

Also read: Pension Rules for Central Govt Employees: Daughter’s name shall remain on family members list; family pension to be decided…

In recognition of the challenges faced by elderly pensioners, additional pensions are provided to those aged 80 and above, the reply said. The percentage of additional pension increases with age:

80-85 years: 20% of basic pension

85-90 years: 30% of basic pension

90-95 years: 40% of basic pension

95-100 years: 50% of basic pension

100 years or more: 100% of basic pension

Members of Parliament Sadanand Mhalu Shet Tanavade, Baburam Nishad, and Subhash Barala raised questions regarding the impact of the Pension Adalat on grievance redressal and the broader goal of ensuring pensioners’ dignity.

What is Pension Adalat?

Pension Adalat is an important administrative reform for improving pensioners’ welfare by timely and effective redressal of long-standing grievances of central government pensioners.

There is substantial decrease in the number of pensioners’ grievances due to Pension Adalats since the initiative’s inception in 2019, the Centre has claimed.

In 2019, the pension Adalat took up as many as 5,277 cases and resolved 3,573 cases,

 » Read More

Related Articles

India’s pharma industry betting big on CDMO opportunity – All you need to know

Here’s an acronym that you probably hear almost everyday on business television – CDMO. Contract Development and Manufacturing Organization (CDMO) are flexible third-party service providers that are entrusted with all the stages of the process of making medicines – providing services in the research and development stages, offering support in manufacturing, and providing formulating and

Income Tax crackdown! Donors to political parties under scanner – Are you on the list?

If you have donated Rs 5 lakh or more to a lesser-known political party, then the Income Tax Department may also be keeping an eye on you. Recently, tax officials have sent a long list of questions to thousands of individuals who made such donations in the financial year 2020-21. According to reports, in many

Trump’s Reciprocal Tariffs: What does it mean for NRIs investing in Indian property?

US President Donald Trump recently criticized India’s high tariffs, warning of a potential US retaliation. In a sharp statement, Trump asserted that the existing trade system is unfair to the US, and vowed to introduce reciprocal tariffs to counteract what he perceives as protectionist policies by other nations, including India. While much of the discussion

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

India’s pharma industry betting big on CDMO opportunity – All you need to know

Here’s an acronym that you probably hear almost everyday on business television – CDMO. Contract Development and Manufacturing Organization (CDMO) are flexible third-party service providers that are entrusted with all the stages of the process of making medicines – providing services in the research and development stages, offering support in manufacturing, and providing formulating and

Income Tax crackdown! Donors to political parties under scanner – Are you on the list?

If you have donated Rs 5 lakh or more to a lesser-known political party, then the Income Tax Department may also be keeping an eye on you. Recently, tax officials have sent a long list of questions to thousands of individuals who made such donations in the financial year 2020-21. According to reports, in many

Trump’s Reciprocal Tariffs: What does it mean for NRIs investing in Indian property?

US President Donald Trump recently criticized India’s high tariffs, warning of a potential US retaliation. In a sharp statement, Trump asserted that the existing trade system is unfair to the US, and vowed to introduce reciprocal tariffs to counteract what he perceives as protectionist policies by other nations, including India. While much of the discussion

Temasek acquires 10% stake in Haldiram’s for $1 billion, say sources 

Singapore’s state investment company Temasek has signed a deal to pick up close to a 10% stake in the snacks business of India’s Haldiram’s at a cost of about $1 billion, two people with direct knowledge of the matter said on Wednesday. The deal was signed after months of negotiation and Temasek considers Haldiram’s a

India’s 5th largest mutual fund distributor gifts shares worth Rs 33 crore to employees

Sanjay Shah, promoter of Prudent Corporate Advisory Services, India’s fifth-largest mutual fund distributor, has made headlines with his unique gesture of gifting shares to employees. Shah plans to distribute shares worth Rs 33 crore among 650 employees, including some staff engaged at his home, to celebrate his 25 years in business. The planned gift involves