Govt approves 9% hike for nearly 1.88 lakh BSNL Pensioners

Govt approves 9% hike for nearly 1.88 lakh BSNL Pensioners

Date:

BSNLThe Cabinet Committee on Economic Affairs on Tuesday approved 9 per cent increase in pension of 1.88 lakh BSNL employees who retired between 2007-13.

The pension of BSNL pensioners/family pensioners, who retired prior to 10.06.2013 has been revised w.e.f. 01.01.2007 notionally with actual benefit w.e.f. 10.06.2013, by allowing the benefit of merger of 50% DA/DR with Basic Pay/ Pension, effectively amounting to 78.2% DA/DR for the purpose of fitment at par with the serving employees of BSNL.

The revision entails an estimated recurring annual expenditure of approximately Rs 129.63 crore for pensioners and Rs 24.93 crore for family pensioners and arrears from 2013-14 would be Rs 239.92 crore approximately for pensioners and Rs 44.62 Crore approximately for family pensioners. Approximately 118500 pensioners all over India will be benefitted by this revision.

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