Sunday, May 7, 2017

Cabinet approves modification in pension for Central pensioners / family pensioners

The actual quantum of hike or the revised calculation procedure has not been made public yet. We have to wait for issuance of proper O.M. in this regard.

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi approved important proposals relating to modifications in the 7th CPC (Central Pay Commission) recommendations on pay and pensionary benefits in the course of their implementation. Earlier, in June, 2016, the Cabinet had approved implementation of the recommendations with an additional financial outgo of Rs 84,933 crore for 2016-17 (including arrears for 2 months of 2015-16).

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