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HomePersonal Finance7th Pay Commission: Good news for these pensioners! Pension may increase by...

7th Pay Commission: Good news for these pensioners! Pension may increase by 20%, know details

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7th Pay Commission Pensioners: Pension of pensioners between 65 years to 80 years can increase by 5 to 20 percent. The Finance Minister has been requested to implement the recommendation of the parliamentary committee.



7th Pay Commission: Railway Senior Citizen Welfare Society (RSCWS) has recently requested the government to implement the recommendation of the Parliamentary Committee on the grievances of pensioners. On September 5, RSCWS had said in a letter to the Finance Minister that the Parliamentary Standing Committee recommendation should be implemented.

The Parliamentary Standing Committee, in its 110th report on pensioners’ grievances, had recommended under recommendation number 3.28 that the government should consider the demand of pensioners’ associations. Pensioners are demanding that 5 percent additional pension amount will be given to pensioners above 65 years of age, 10 percent after 70 years, 15 percent to 75 years old and 20 percent additional pension amount to 80 years old pensioners.

5 to 20% extra pension recommended

Further, the DoP&PW Ministry, through a letter dated 4 April 2022, had stressed on the early implementation of the above recommendations of the Parliamentary Committee. RSCWS said that the government can agree to the recommendation of additional pension for pensioners aged 65, 70 and 75 years. It had also requested to implement extra pension from 5 to 20 percent.

Amount required for maintenance in old age

The letter addressed to the ministry said that the pensioners are facing problems due to poor health, rising cost of maintenance in old age and the ever-increasing cost of medicines apart from other social and family responsibilities. In such a situation, the Government of India can provide the necessary funds and implement it. Let us tell you that the salary and pension of central government employees is based on the recommendations of the 7th Pay Commission. It is noteworthy that the government can also announce increase in dearness allowance of central employees at any time. However, some media reports say that three percent DA increase may happen in October.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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