Pension Increased: 50 percent more pension after govt's new announcement

By Lokmat English Desk | Updated: February 6, 2023 12:54 IST2023-02-06T12:54:01+5:302023-02-06T12:54:01+5:30

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There is great news for pensioners. If you also take advantage of pension, then now the pension you get from the government (Government Pension) is going to increase by 50 percent.

Due to increase in pension, more money will come in your account, but only a few people will be able to get its benefit. Let us tell you that a campaign is going on across the country to implement the old pension scheme. At the same time, in such a situation, the increase in pension by up to 50 percent is very good news for the employees.

The instructions issued let us tell you that the pensioners and their families related to the retired government servants in the year 2006 are going to get this benefit from the state government. Pension has been revised, in which instructions have been issued for additional pension.

These people will get 30 percent extra pension . In this regard, a notification has been issued that pensioners and family pension holders below the age of 80 to 85 years will get the benefit of 20 percent extra pension. Along with this, pensioners and family pensioners in the age group of 85 to 90 years will get 30 percent more of the basic pension i.e. these people will get 30 percent extra pension.

At the same time, pensioners below the age of 95 to 100 years will get 50 percent more pension amount. Apart from this, 100 percent additional pension amount will be available for people aged 100 years or more.

If we talk about the benefits of the old pension scheme, then its biggest advantage is that it is made on the basis of the last drawn salary. Apart from this, as the inflation rate increases, DA also increases. Even when the government implements the new pay commission, it increases the pension.

Pensioners below 95 to 100 years will get 50 percent more pension amount. Apart from this, there will be 100 percent additional pension amount for people aged 100 years or more.

This pension will benefit the pensioners of the state, the process of accepting the additional pension or family pension amount will be ensured by the Pension Officer or Regional Office of Public Sector Banks.

The biggest advantage in the old pension scheme is based on last salary. Apart from this, if the rate of inflation increases, the DA also increases. Even when the government implements the new pay commission, it increases the pension.