Dear All,
For Central govt employees, the minimum pension presently is Rs 3,500 per month. Maximum limit on pension is 50 per cent of the highest pay in the Government of India (presently Rs 45,000 per month).
Now Retired Central Government officials will get 20 per cent of additional pension after they complete 80 years of age, 30 per cent of after completing 85 years, 40 per cent after crossing 90 years of age, 50 per cent after reaching 95 years and 100 per cent of additional pension after completing 100 years of age, says the amended All India Services (Death-cum-Retirement Benefits) Rules, 1958.
Officials in the Ministry of Personnel said the changed rules may also be made applicable to other categories of Central Government employees.
“Apart from the fact that life expectancy is increasing, what the new rules have factored in is that as people grow older, their medical expenses also increase,” a DoPT officer said.
According to The Lancet, the average life expectancy in India is 63.2 years for males and 67.5 years for females.
With regards
smbasha