7th Pay Commission: Great news for pensioners
New Delhi: 7th Pay Commission: There is good news for retired central employees. The Department of Pension and Pensioners’ Welfare has issued a memorandum on September 20 with big information. The DR of CPF beneficiaries who are alive has been increased from 312% to 356 percent (DR Hike). The benefit will be given to those who have retired between 18 November 1960 to 31 December 1985.
That is, before the festive season, pensioners have become bat-bats. With this, let us tell you that Revised DR (DR Hike) will be given to retired employees from July 1, 2021. From 1 January 2020, 1 July 2020, 1 January 2021, three installments of CPF beneficiaries were left.
Decision taken under 5th CPC Series
Now the DR of pensioners i.e. dearness relief has been increased from 312 percent to 356 percent. Apart from this, the DR for another category of retired employees has been reduced from 304 per cent to 348 per cent. That is, even before Diwali, the light has gone for the pensioners.