Dependents will be given 50 percent of the pension
Under the new rules, the condition of 7 years of service has been abolished for pension for the people dependent on the government employee. Now if the employee dies before the completion of 7 years of service, then 50 percent of the pension money will be given to the family of the employee or his dependents. That is, now the condition regarding the pension to be received after the death of a government employee has been removed. Earlier in many cases, due to this condition, the family members could not get the pension money.
Also read – Another smartphone came in the market, POCO launched a new model of M3, know what is special in this phone
Government increased dearness allowance
After a gap of about one and a half years, the Central Government has increased the Dearness Allowance, DA. The Central Government has reinstated Dearness Allowance, DA. The Central Government has increased the Dearness Allowance, DA and Dearness Relief (DR) for central employees and pensioners from the existing rate of 17 per cent to 28 per cent. These new rates will be applicable from July 1, 2021.
48 lakh central employees and 65 lakh pensioners will benefit
The Finance Ministry had in April 2020 decided to stop the increase in dearness allowance for 50 lakh central government employees and 61 lakh pensioners till July 2021 due to the Corona crisis. They have not got the benefit of DA till 30 June 2021. Now about 48 lakh central employees and 65 lakh pensioners will benefit from this move of the government. This will increase the expenditure of the government by about Rs 34,401 crore.
Read Hindi News online and watch Live TV News18 on Hindi website. Know news related to country and abroad and your state, Bollywood, sports world, business.