The government issued an order to increase the pension by 50% 

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The good news is for those who are pensioners. If you also use pension benefits, the amount you receive via Government Pension is expected to grow by 50%. Because of the increase in pensions, the money will be deposited into your account, but only a handful of people will enjoy the benefits. We’ll let you know that there is a campaign going all over the country to reinstate the previous pension system. However, it is a good thing that in such a scenario the prospect of a pension increase by as much as 50 percent is a great benefit for the workers.

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The guidelines issued

let us inform you that pensioners as well as their families that are connected to retired government employees in 2006 will be able to receive benefits from state governments. The pension has been revised with instructions issued to increase the amount of the pension.

government

The people who are eligible will receive 30 percent more pension.

In this context an announcement was issued for pensioners, as well as families pensioners who are under the age of 85 to 80 years will be entitled to the advantage of 20 percent more pension. Additionally, families and pensioners within the age bracket between 85-90 years will be able to receive an additional 30 percent of the standard pension i.e. those who are pensioners will receive an additional 30 percent of their pension.

government

Get 50 percent more in pension

In addition, the pensioners as well as family pensioners who are between 90 and or less will receive 40 percent more of the basic pension, (also known as a family pension). Additionally, pensioners under the age of 95-100 will receive 50 percent more in pension. In addition, an additional 100 percent pension amount will be made available for those who are 100 years old or older.government

The action will be decided by the officer

We will tell that this benefit will be for pensioners in the state. The procedure for accepting the additional pensions or family pensions will be supervised via the Pension Officer or regional office of the public sector banks. In addition, the payment orders of the pension amount or family pension amounts will also be signed by the officer.

government

Old Pension Scheme

If we are talking about the advantages of the previous pension plan. The most significant benefit is that it is constructed by analyzing the salary that was drawn last. Additionally, when the rate of inflation increases, DA also increases. In the event that the government implements the pay commission reforms, it will increase the pension.

Read More: Central employees salaries will increase by Rs 90,000, DA to increase

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