Parliament Standing Committee recommends 5% increase in Pension after every five years.
The Parliamentary Standing Committee has recommended 5% increase in pension after every five years ie. After completion of 65, 70, 75 & 80 age. At present 20% is granted after 80. A court decision is there that 20% increase is to be given at the beginning of 80th year, instead of on completetion of 80 years, which is yet to be implemented.
NCCPA and AIBDPA had while presenting memorandum to the VII Pay Commission had demanded that the pension should be fixed at 66% instead of 50% and that 5% increase should be given after every five years. Coms. S.K.Vyas, V.A.N.Namboodiri and other members of the delegation stated tht many countries are granting pension at 70 %, 80% etc. The special issues of BSNL pensioners were also presented for favourable recommendations. Though the CPC showed keen interest and was appreciative of our demands, these demands were not favourably considered and recommended, except ‘One Rank, One Pension’. That was not accepted by the government.
AIBDPA and NCCPA welcome the recommendation of the Parliamentary Standing Committee for 5% increase after every five years and demand the central government to implement the same without delay.
V A N Namboodiri, Advisor NCCPA & Patron AIBDPA