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Mon, Jun 18, 2018 | Last Updated 7:11 pm IST

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Will retired employees be benefitted by 7th Pay Commission?

Will retired employees be benefitted by 7th Pay Commission?
Will retired employees be benefitted by 7th Pay Commission?
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New Delhi sources reported that in a move that could bring cheers to over 23 lakh retired employees of universities and colleges, the Narendra Modi government on Tuesday said it has revised the pension of retired faculty and other non-teaching staff in central universities and colleges under the 7th Central Pay Commission.



Meanwhile Union HRD Minister Prakash Javadekar said as per the recommendations of the 7th Central Pay Commission, the centre government has increased the pension of retired faculty and other non-teaching staff in central universities and colleges, which would benefit around 25,000 present pensioners in these institutions. Furthermore he also added that these 25,000 pensioners would be given benefit to the tune of Rs 6,000 to Rs 18,000 and said "Around 25,000 present pensioners will benefit in Central Universities and the UGC maintained deemed to be universities to the tune of Rs 6000 to Rs 18, 000”.

Will retired employees be benefitted by 7th Pay Commission?

Moreover apart from providing benefits to these 25,000 pensioners, the decision will also affect over 23 lakh employees retired from state universities and affiliated colleges those who have adopted the prescribed pay scales. Presently the Narendra Modi government had increased the salaries of the central government employees by 14% in January. As per report, most employees were unhappy with the fact that the hike was not enough, considering rising inflation and cost of living.

Will retired employees be benefitted by 7th Pay Commission?

Will retired employees be benefitted by 7th Pay Commission?
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Bharath has been the knowledge focal point for the world, As Darvin evolution formula End is the Start ... Bharath again will be the Knowledge Focal Point to the whole world. Want to hold the lamp and shine light on the path of greatness for our country Bharath.