Pre-2006 Central Govt retirees to get pension hike
Pre-2006 pensioners will now get a hike in pension, in addition to the arrears, as the Centre has done away with a provision of having 33-year service for earning full pension. The Department of Pensions and Pensioners Welfare has decided that the revised consolidated pension of pre-2006 pensioners shall not be lower than 50 per cent of the minimum of the pay in the pay band and the grade pay even if they had served for less than 33 years at the time of retirement.
As per rules, a central government servant is entitled to receiving superannuation pension on completion of at least 10 years of service. With effect from January 1, 2006, pension is calculated with reference to average emoluments -- the average of the basic pay drawn during the last 10 months of service or last basic pay drawn whichever is higher.