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Eligibility for coverage under the Old Pension Scheme or the National Pension System – Rajya Sabha

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igeadmin
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Eligibility for coverage under the Old Pension Scheme or the National Pension System – Rajya Sabha

GOVERNMENT OF INDIA
MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS
(DEPARTMENT OF PENSION & PENSIONERS’ WELFARE)

RAJYA SABHA
UNSTARRED QUESTION NO. 425
(TO BE ANSWERED ON 22.07.2021)

BENEFITS OF OLD PENSION SCHEME

425 SMT. CHHAYA VERMA:
SHRI VISHAMBHAR PRASAD NISHAD:
CH. SUKHRAM SINGH YADAV:
SHRI NEERAJ SHEKHAR:

Will the PRIME MINISTER be pleased to refer to answer to Unstarred Question 428 given in the Rajya Sabha on 4th February, 2021 and state:

(a) whether Supreme Court has dismissed the Special Leave to Appeal (C) 173/2021 on 04/02/2021 and has allowed the Central Government officials under NPS, the benefits of old pension scheme whose advertisement were advertised before 01/01/2004 and results/joining occured after 31/12/2003;

(b) if so, the details thereof;

(c) whether Government would issue general orders for similar cases to ease out litigation and undue burden on resources and exchequer of Government and its own officials on the line of above judgment; and

(d) if not, the rationale therefor?

Also Read : Judgement of Supreme Court and Reversal from NPS to Old Pensions Scheme [ NPS to OPS ] – Rajyasabha QA

ANSWER

MINISTER OF STATE IN THE MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES
AND PENSIONS AND MINISTER OF STATE IN THE PRIME MINISTER’S OFFICE
(DR. JITENDRA SINGH)

(a) to (d ): A Writ Petition No. 756/2020 was filed by Dr. Davinder Singh Brar before the Hon’ble High Court of Delhi. Hon’ble Court vide its order dated 28.01.2020, allowed the Writ Petition. The operative portion of the order reads as under:

12. Mr. Anurag Ahluwalia, CGSC sought to draw a distinction between the aforesaid case and the one at hand by pointing out that the Petitioner here had been selected pursuant to a selection process that concluded only in February, 2004, whereas, in other instances where this Court had granted relief, the selection process had concluded before 1st January, 2004.

13. The Court is not persuaded that the above distinction can constitute a ground for denying to the Petitioner coverage under the Old Pension Scheme (OPS). The fact remains that for an advertisement that came to be issued on 24th May, 2003, the Respondents only concluded the selection process in February, 2004. It is not the case of the Respondents that this delay was attributable to the Petitioners. Further, the OM dated 13th April, 2018, referred to hereinabove, does not recognize any such distinction for the purpose of deciding eligibility of personnel to the OPS.

14. In that view of the matter, the impugned order dated 17th August 2019 is hereby set aside. A direction is issued to the Respondents to extend the benefit of the OPS to the Petitioner in terms of the CCS (Pension) Rules, 1972 by issuing appropriate order within a period of 12 weeks from today. The petition is disposed of in the above terms.”

Since, the above judgement was not in consonance with the provisions of notification issued by Ministry of Finance ( Department of Economic Affairs) on 22.12.2003, an SLP No. 173/2021 was filed before Hon’ble Supreme Court. Hon’ble Supreme Court vide its order dated 04.02.2021, dismissed the SLP.

National Pension System (NPS) was introduced for Central Government employees by a Notification of Ministry of Finance (Department of Economic Affairs) dated 22nd December, 2003. NPS is mandatory for all new recruits to the Central Government service from 1st January, 2004 (except the armed forces). However, in some specific court cases, like WP(C) No. 3834/2013 titled Parma Nand Yadav Vs. Union of India and WP(C) No. 2810/2016 titled Rajendra Singh Vs. Union of India, where the selection of candidates had been made before 01.01.2004 but their actual appointment in the Government service could be made on or after 01.01.2004 due to various reasons, on the direction of the Hon’ble High Court of Delhi, the benefit of old pension scheme was allowed to the petitioners.

After considering all the relevant aspects and to extend the benefit to similarly placed Government servants in order to reduce further litigation, the Government has decided, vide an Office Memorandum No. 57/04/2019-P&PW(B) dated 17th February, 2020 of the Department of Pension & Pensioners’ Welfare, that in all cases where the results for recruitment were declared before 01.01.2004 against vacancies occurring on or before 31.12.2003, the candidates declared successful for recruitment shall be eligible for coverage under the Central Civil Services (Pension) Rules, 1972. Accordingly, such Government servants who were declared successful for recruitment in the results declared on or before 31.12.2003 against vacancies occurring before 01.01.2004 and covered under the National Pension System on joining service on or after 01.01.2004, may be given a one – time option to be covered under the Central Civil Services (Pension) Rules, 1972.

In view of the specific provisions of the Notification dated 22.12.2003, the date of advertisement for the vacancies or the date of examination for selection against those vacancies is not considered relevant for determining the eligibility for coverage under the Old Pension Scheme or the National Pension System.

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DR to Central Govt Pensioners from July 2021 – CPAO Order

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igeadmin
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DR to Central Govt Pensioners from July 2021 : All the banks are requested to follow the instructions – CPAO

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
CENTRAL PENSION ACCOUNTING OFFICE
TRIKOOT-II, BHIKAJI CAMA PLACE,
NEW DELHI-110066
PHONES : 26174596, 26174456, 26174438

CPAO/IT & Tech/Bank Performance/37 Vol-III/2021-22/E-7109/47

23.07.2021

OFFICE MEMORANDUM

Subject: Revised rates of Dearness Relief to Central Government Pensioners / Family Pensioners w.e.f.01.07.2021.

Attention is invited to the OM No. 42/07/2021-P&PW (D) dated 22.07.2021 (Copy enclosed) issued by the Department of Pension & Pensioners Welfare wherein it is decided that the Dearness relief admissible to Central Government pensioners/family pensioners shall be enhanced from the existing rate of 17% to 28% of the basic pension /family pension (including additional pension/family pension) with effect from 1st July 2021. Moreover, the rate of Dearness relief shall remain at 17% of basic pension/family pension for the period from 01.01.2020 till 30.06.2021.

All the banks are requested to follow the instructions issued vide OM ibid by the Department of Pension & Pensioners Welfare scrupulously and implement the same at the earliest.

This issues with the approval of Chief Controller (Pension).

Encl:- As above

(Satish Kumar Garg)
Sr. Accounts Officer (IT & Tech)

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Change in Nomenclature to the post Manager Grade- II in Non-statutory departmental canteens located in Central Government Offices

By
igeadmin
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Change in Nomenclature to the post Manager Grade- II in Non-statutory departmental canteens located in Central Government Offices

No. 3/1/2021-Dir (C)
Government of India
Ministry of Personnel & Public Grievances & Pensions
Department of Personnel & Training

3 Floor, Lok Nayak Bhavan
Khan Market, New Delhi. the 19/07/2021

OFFICE MEMORANDUM

Subject:- Change in Nomenclature to the post Manager Grade- II in Non-statutory departmental canteens located in Central Government Offices-reg.

The undersigned is directed to refer to the subject mentioned above and to say that this Department has decided to re-designate the post “Manager Grade -II” existing in Type “A”, “B” and “C” Non-statutory departmental canteens of Central Government Offices from ‘Manager Grade-II’ to ‘Manager’.

2. This issues with the approval of Competent Authority.

3. All the Ministries/ Departments are requested to take necessary steps to make changes in recruitment rules of the above post.

(Kulbhushan Mathotra)
Under Secretary to the Government of India

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Increase in rate of House Rent Allowance for Rajasthan Govt Employees

By
igeadmin
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Increase in rate of House Rent Allowance for Rajasthan Govt Employees

GOVERNMENT OF RAJASTHAN
FINANCE DEPARTMENT
(RULES DIVISION)

No.F.6(4)FD(Rules)/2017

Jaipur,Dated : 22 July 2021

ORDER

Sub: Increase in rate of House Rent Allowance.

Ref: Finance Department Order of even number dated 30-10-2017.

It was provided in the FD order of even number dated 30-10-2017 that the rates of HRA will be revised to 18% and 9% for ‘Y’ and ‘Z’ Class Cities respectively when dearness allowance crosses 25%. Vide FD order dated 15-07-2021 the rates of dearness allowance has been increased to 28% w.e.f. 01-07-2021.

Therefore, rates of HRA are revised to 18% and 9% for ‘Y’ and ‘Z’ class cities respectively w.e.f. 01-07-2021 i.e. with the salary of the month of July, 2021 payable on 01-08-2021.

By order of the Governor,

(Dr. Prithvi)
Secretary, Finance (Budget)

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DA Order for Haryana Government Employees from July 2021

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igeadmin
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DA Order for Haryana Government Employees from July 2021

No.4/3/2016-5FR/17937

From
The Additional Chief Secretary to Govt of Haryana.
Finance Department

To
1. All Head of Departments in Haryana
2. The Registrar (General), Punjab and Haryana High Court Chandigarh
3. All Commissioners of Divisions – Hisar, Ambala, Karnal, Faridabad, Rohtak, Gurgram,
4. All Deputy Commissioners in Haryana.
5. All Sub Divisional Officers (Civil) in Haryana.

Dated 26th July, 2021

Subject:- Revised rates of Dearness Allowance to Haryana Government employees w.e.f. 1st July, 2021.

I have been directed to invite your kind attention towards Finance Department’s earlier instructions No.4/1/2009-5FR(FD)/8101 dated 6th July, 2020 vide which instalments of Dearness Allowance to Haryana Government employees due from 01.01.2020, 01.07.2020 and 01.01.2021, were frozen and to say that Governor of Haryana is pleased to decide that the Dearness Allowance payable to Haryana Government employees shall be enhanced from the existing rate of 17% to 28% of the basic pay with effect from 1st July, 2021

Also Read : DA Order July 2021 : FinMin released Office Memorandum for Dearness Allowance from 01.07.2021

2. The increase subsumes the additional instalments arising on 01.01.2020, 01.07.2020 and 01.01.2021. The rate of Dearness Allowance for the period from 01.01.2020 till 30.06.2021 shall remain at 17%. The payment on account of Dearness Allowance involving fractions of 50 paise and above may be rounded to the next higher rupee and the fractions of less than 50 paise may be ignored. The provisions contained in para 3,4,5, & 7 in FD’s instructions No.4/3/2016-5FR/35222 dated 25th November, 2016 shall continue to be applicable while regulating Dearness Allowance under these instructions.

3. Copy of these orders may be downloaded from the official website of the Finance Department i.e. www.finhry.gov.in.

Deputy Secretary Finance
for Additional Chief Secretary to Govt. Haryana,
Finance Department

Endst.No.4/3/2016-5FR/17937 Dated : 26th July, 2021

A copy is forwarded to the following for information and necessary action:-

1. Pr. Accountant General (A&E) and (Audit), Haryana, Chandigarh.
2. The Director General, HIPA, Gurugram.
3. The Finance Secretary, Chandigarh Administration, UT, Chandigarh.
4. The Director General, Treasuries & Accounts Deptt., Haryana, Chandigarh.
5. The Principal, Accounts Training Institute, Haryana, Panchkula.
6. All the Treasury Officer in Haryana including Treasury Officer, Chandigarh, Tees Hazari Court, Delhi.
7. Incharge, Computer Cell (Finance Department) for uploading these instructions on the website of the Finance Department.

Deputy Secretary Finance
for Additional Chief Secretary to Govt. Haryana,
Finance Department

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DA hike for Karnataka Government Employees from July 2021

By
igeadmin
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DA Order for Karnataka Government Employees from July 2021

PROCEEDINGS OF THE GOVERNMENT OF KARNATAKA

Sub:- Revision of the rates of Dearness Allowance-reg.

READ: (1) G.O. No. FD 06 SRP 2018 dated: 19.04.2018
(2) G.O. No. FD 12 SRP 2018 dated: 18.06.2018
(3) G.D. No. FD 21 SRP 2018 dated: 12.10.2018
(4) G.O. No. FD 1 SRP 2019 dated: 28.03.2019
(5) G.O. No. FD 15 SRP 2019 dated: 19.10.2019
(6) G.O. No. FD 10 SRP 2020 dated: 05.05.2020
(7) GOT O.M. No.1/1/2020-E-11(B) dated: 20.07.2021

PREAMBLE:

In view of the crisis arising out of Covid-19 pandemic, in G.O. dated: 05.05.2020 read at (6) above the State Government as a matter of policy have issued orders freezing the dearness allowance for the period 01.01.2020 to 30.06.2021 until further orders. In GOT O.M. dated: 20.07.2021 read at (7) above orders have been issued revising the dearness allowance rates of central government employees for the period 01.01.2020 to 30.06.2021.

Hence, it is considered necessary to revise the dearness allowance rates admissible to State Government employees, employees working in Local Bodies/Boards and Corporations etc. Accordingly, the following orders are issued:

GOVERNMENT ORDER NO. FD 18 SRP 2021,
BANGALORE, DATED 26TH JULY 2021.

Government are pleased to release the additional installments of dearness allowance for the period 01.01.2020 to 30.06.2021. Accordingly, the rates of Dearness Allowance payable to the State Government Employees in the 2018 Revised Pay Scales shall be revised from the existing 11.25% to 21.50% of Basic Pay with effect from 1st July 2021.

Also Read : DA Order July 2021 : FinMin released Office Memorandum for Dearness Allowance from 01.07.2021

2. For the purpose of this order, the term ‘Basic Pay’ means, pay drawn by a Government Employee in the scale of pay applicable to the post held by him and includes:

a. Stagnation increment, if any, granted to him above the maximum of the scale of pay;
b. Personal Pay, if any, granted to him under sub-rule (3) of Rule 7 read with Rule 3(c) of the Karnataka Civil Services (Revised Pay) Rules, 2018;
c. Additional increment, if any, granted to him above the maximum of the scale of pay.

3. Basic Pay shall not include any emoluments other than those specified above.

4. Government are also pleased to enhance the rates of Dearness Allowance from the existing 11.25% to 21.50% of the Basic Pension/Family Pension with effect from 1st the y I 2021 to the State Government Pensioners/Family Pensioners as well as Pensioners/Family Pensioners of the Aided Educational Institutions whose Pension/Family Pension is paid out of the Consolidated Fund of the State.

5. These orders are also applicable to retired employees on UGC/AICTE/ICAR scales of pay.

6. These orders will apply to the full time Government Employees. Employees of Zilla Panchayats, Work Charged Employees on regular time scales of pay, full time Employees of Aided Educational Institutions and Universities who are on regular time scales of pay.

7. Appropriate authorities may take decision on revision of the dearness allowance of the employees covered under the Karnataka Daily Wage Employees Welfare Act, 2012 and also employees of Boards/Corporations/Local Bodies, Employees of Government/Autonomous Institutions etc under the control of State Government whose dearness allowance order is being regulated with reference to the orders issued by the State Government from time to time. This is subject to the fulfillment of conditions and precedents like obtaining approval of the Competent Authority in issuing separate orders etc., if any.

8. Separate orders will be issued in respect of Employees on UGC/AICTE/ICAR/NJPC scales of pay and also in respect of NJPC Pensioners.

9. The increase in Dearness Allowance admissible under this order is payable in cash.

10. The payment on account of Dearness Allowance involving fractions of 50 paise and above shall be rounded off to the next rupee and fractions less than 50 paise shall be ignored.

11. The Dearness Allowance will be shown as a distinct element of remuneration and will not be treated as pay for any purpose.

BY ORDER AND IN THE NAME OF THE
GOVERNOR OF KARNATAKA,
Deputy Secretary to Government,
Finance Department (Services-2).

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DA Order to Gramin Dak Sevaks (GDS) effective from July 2021

By
igeadmin
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DA Order to Gramin Dak Sevaks (GDS) effective from July 2021

DA for GDS Employees 2021

File no. PP-14/1/2021-PAP-DoP
Government of India
Ministry of Communication
Department of Posts
(Establishment Division)/P.A.P. Section

Dak Bhawan, Sansad Marg,
New Delhi – 110 001.
Dated : 26th July, 2021.

To,
1. All Chief Postmasters General/ Postmasters General
2. Chief General Manager, BD Dte/Parcel Dte/ PLI Directorate
3. Director RAKNPA/ GM CEPT/ Directors of All PTCs,
4. Addl. Director General, Army Postal Service, R.K. Puram, New Delhi
5. All General Managers (Finance)/ DAP/ DDAP

Sub: Payment of Dearness Allowance to Gramin Dak Sevaks (GDS) effective from 01.07.2021 onwards —reg.

Sir/Madam,

Consequent upon revision in the rates of Dearness Allowance with effect from 1st July, 2021 to the Central Government Employees vide Government of India, Ministry of Finance, Department of Expenditure’s O.M. No. 1/1/2020-E-II (B) dated 20th July, 2021, duly endorsed vide this Department’s letters No. PP-8/2/2021-PAP dated 20th July, 2021, the Gramin Dak Sevaks (GDS) have also become entitled to the payment of Dearness Allowances on basic Time Related Continuity Allowance (TRCA) at the same rates as applicable to Central Government Employees with effect from 01.07.2021. It has, therefore, been decided that the Dearness Allowance payable to the Gramin Dak Sevaks shall be at the same rates as payable to Central Government Employees i.e. @ 28% (percent) with effect from the 1st July, 2021.

2. In view of the unprecedented situation which arose due to the COVID-19 pandemic, three additional instalments of Dearness Allowance (DA) which were due from 01.01.2020, 01.07.2020 and 01.01.2021 had been frozen. The increase subsumes the additional instalments arising on 01.01.2020, 01.07.2020 and 01.01.2021. The rate of Dearness Allowance for the period 01.01.2020 to 30.06.2021 shall remain at 17%.

3. The expenditure on this account shall be debited to the Head “Salaries” under the relevant head of account and should be met from the sanctioned grant.

4. This issues with the concurrence of Integrated Finance Wing vide their Diary No. 63/2021-22/FA-CS(P) dated 26.07.2021. Yours faithfully,

(D.K. Tripathi)
Assistant Director General (Estt.)

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CGEGIS Table of Benefits for the Saving fund from July to September 2021

By
igeadmin
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CGEGIS Table of Benefits for the Saving fund from July to September 2021

No. 7(2)/EV/2016
Government of India
Ministry of Finance
Department of Expenditure

New Delhi, the 22 July, 2021

OFFICE MEMORANDUM

Sub: Central Government Employees Group Insurance Scheme-1980 – Tables of Benefits for the savings fund for the period from 01.07.2021 to 30.09.2021.

The Tables of Benefits for Savings Fund to the beneficiaries under the Central Government Employees Group Insurance Scheme-1980, which are being issued on a quarterly basis from 01.01.2017 onwards, as brought out in this Ministry’s OM of even number dated 17.03.2017, for the quarter from 01.07.2021 to 30.09.2021, as worked out by IRDA based on the interest rate of 7.1% per annum (compounded quarterly) as notified by the Department of Economic Affairs as per their Resolution No. 5(4)-B(PD)/2021 dated 05.07.2021, are enclosed.

Also Read : CGEGIS Table of Benefits for the Saving fund from April to June 2021

2. The Tables enclosed are of two categories as per the existing practice. As hitherto, the first Table of Benefits for the savings fund of the scheme is based on the subscription of Ks.10 p.m. from 1.1.1982 to 31.12.1989 and Rs.15 p.m. w.e.f. 1.1.1990 onwards. The second Table of Benefits for savings fund is based on a subscription of Rs.10 p.m. for those employees who had opted out of the revised rate of subscription w.e.f. 1.1.1990.

3. In their application to the employees belonging to Indian Audit and Accounts Department, these orders are issued under Article 148(5) of the Constitution and after consultation with the Comptroller & Auditor General of India.

4. Hindi version of these orders is attached.

Sd/-
(B. K. Manthan)
Deputy Secretary to the Government of India

To
1. All Ministries/ Department of the Central Government as per standard list.
2. Copy with spare copies for information and necessary action to C&AG, UPSC, all State Government etc, as per standard list.

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Judgement of Supreme Court and Reversal from NPS to Old Pensions Scheme [ NPS to OPS ] – Rajyasabha QA

By
igeadmin
-

Judgement of Supreme Court and Reversal from NPS to Old Pensions Scheme [ NPS to OPS ] – Rajyasabha QA

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF FINANCIAL SERVICES
*****

RAJYA SABHA
UNSTARRED QUESTION NO. 248
TO BE ANSWERED ON 20TH JULY, 2021 (TUESDAY)/ ASHADHA 29, 1943 (SAKA)

Judgement of Supreme Court and Reversal from NPS to Old Pensions Scheme

248. Shri Neeraj Shekhar

Will the Minister of FINANCE be pleased to state:

(a) whether Supreme Court vide Special Leave to Appeal (C) 173/2021 on 04/02/2021 and vide SLPs (Civil) Nos.23568/2019 (Review Petition (C) No.21889/2019) has allowed the Central Government officials under NPS, the benefits of old pension scheme whose advertisements were advertised before 01/01/2004 and results/joining occurred after 31/12/2003

(b) if so, whether Government has issued order to revert these officials under NPS to Old Pension Scheme and whether their pension funds under NPS have been transferred to their respective GPF accounts

(c) if so, the details thereof and fate of similar cases and

(d) if not, the reasons for contempt of Apex Court?

Also Read : Eligibility for coverage under the Old Pension Scheme or the National Pension System – Rajya Sabha

ANSWER
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE
(DR BHAGWAT KARAD)

(a) to (c) As informed by Ministry of Home Affairs, reversal from National Pension System (NPS) to old pension scheme was allowed in WP (C) No. 756/2020 titled Dr. Davinder Singh Brar vide Order dated 28.01.2020. An SLP (C) No. 173/2021 filed by the UOI/Department against the order was dismissed on 04.02.2021. Upon dismissal of SLP, the proposal was processed for filing Review Petition in consultation with Ministry of Law and Justice/Ld. ASG and the matter is sub-judice.

In respect of SLP (Civil) No.23568/2019 (Review Petition (C) No.21889/2019), Central Reserve Police Force (CRPF) has informed that all the 14 petitioners have been reverted from NPS to Old Pension Scheme vide CRPF’s Order No.J.II-1/2017-Pers (AC) (SKC) dated 23.09.2020. Further, GPF accounts have also been allotted to them vide order No. M.V-1/2020-21-GOs Entt. Adm dated 14.12.2020 and accordingly, the PAO, CRPF, New Delhi, as well as respective sector IGs have been requested to ensure action about transfer of NPS amount of respective petitioners into their newly allotted GPF accounts vide order No.IRLA-6557/20-21- Aud-9 dated 18.12.2020.

(d) In view of reply given in point (b) above, the question does not arise.

*********

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Revision of Pension of retired Bank Employees [ Rajya Sabha QA ]

By
igeadmin
-

Revision of Pension of retired Bank Employees [ Rajya Sabha QA ]

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF FINANCIAL SERVICES

RAJYA SABHA
UNSTARRED QUESTION NO. 216
TO BE ANSWERED ON 20th JULY, 2021(TUESDAY)/ ASHADHA 29, 1943(SAKA)

Revision of Pension of retired bank employees

216. DR. L. HANUMANTHAIAH:

Will the Minister of FINANCE be pleased to state:

(a) whether it is a fact that the retired bank employees are seeking revision and improvement in their basic pensions;

(b) if so, the details thereof; and

(c) the reasons for not revising pension since last three decades?

ANSWER

THE MINISTER OF STATE IN THE MINISTRY OF FINANCE
(DR. BHAGWAT KARAD)

(a) to (c): As pension of retired employees of commercial establishments has to be financed by such establishments out of their commercially generated revenues, pension for retired employees of nationalised banks was introduced as a funded scheme on the basis of consensus arrived at between unions/associations of bank employees and the Indian Banks’ Association (1BA), which negotiated on behalf of the nationalised banks. The Boards of the respective nationalised bank accordingly made Employees’ Pension Regulations in exercise of their powers under section 19 of the Banking Companies (Acquisition and Transfer of Undertakings) Act 1970/1980. Pension in nationalised banks is, thus, payable as per the agreement arrived between bank unions/associations and the banks, and the bank Boards concerned have accordingly made regulations governing the same. While such regulations do not provide for revision of basic pension, they provide for six-monthly revision in dearness relief on the basis of rise in the All India Consumer Price Index for Industrial Workers.

Retired nationalised banks employees have sought revision and improvement in pension from time to time. In view of pension being a funded scheme introduced on the basis of consensus arrived at between employee unions/associations and IBA, requests for revision and improvement in pension are considered by the Government after taking into account the views or any proposal or recommendations of IBA in this regard. Earlier this year, IBA has recommended that family pension be improved to 30% for all employees without any cap, and the said recommendation is under consideration of the Government.

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