Central government employees pay hike: Here's what you should know about revised structure under 7th Pay Commission
The benefit of the proposed modifications would be available with effect from 1st January, 2016.
- May 19, 2017,
- Updated May 19, 2017 2:24 PM IST
Earlier in May, the Union Cabinet, chaired by the Prime Minister Narendra Modi, gave its go ahead for modifications in the recommendations of the Seventh Pay Commission (7th CPC) over method of pension revision of pre-2016 pensioners and family pensioners.
The benefit of the proposed modifications would be available with effect from 1st January, 2016. It will benefit over 55 lakh pre-2016 civil and defence pensioners and family pensioners. However, with the increase approved by the Cabinet, the annual pension bill alone of the Central Government is likely to be Rs 1,76,071 crore.
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Earlier in May, the Union Cabinet, chaired by the Prime Minister Narendra Modi, gave its go ahead for modifications in the recommendations of the Seventh Pay Commission (7th CPC) over method of pension revision of pre-2016 pensioners and family pensioners.
The benefit of the proposed modifications would be available with effect from 1st January, 2016. It will benefit over 55 lakh pre-2016 civil and defence pensioners and family pensioners. However, with the increase approved by the Cabinet, the annual pension bill alone of the Central Government is likely to be Rs 1,76,071 crore.
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