7th Pay Commission Latest Updates: Changes have been made in the rules of pension of government employees. The conditions of pension received after the death of the employee have now been abolished. Learn in detail.
New Delhi: 7th Pay Commission: There is good news for government employees (7th Pay Commission Latest News). The Central Government has recently changed the rules related to the pension of government employees. Under this new rule, now after the death of a central employee, his family and his dependents will get financial help. In this, 50 percent of the pension money will be given to the dependents. Let us know about these important changes in pension.
Dependents will get benefits
According to the new rule, the rule of condition of 7 years of service for pension for the dependents of the government employee has been abolished. Now if an employee dies before the completion of 7 years of service, then 50 percent of the pension money will be given to the family of the employee. That is, now the conditions of pension received after the death of a government employee have been abolished. Earlier in many cases, due to this condition, the family members could not get the benefit of pension.
Government increased dearness allowance
After a long wait, the Central Government has increased the Dearness Allowance, DA. The Central Government has reinstated Dearness Allowance, DA. Dearness Allowance, DA and Dearness Relief (DR) for central employees and pensioners has been increased to 28 percent from the existing rate of 17 percent. These new rates will be applicable from July 1, 2021.
Benefits to Central Employees and Pensioners
The Finance Ministry had in April 2020 decided to stop the increase in dearness allowance for 50 lakh central government employees and 61 lakh pensioners till July 2021 due to the Corona crisis. They have not got the benefit of DA till 30 June 2021. Now about 48 lakh central employees and 65 lakh pensioners will benefit from this move of the government. This will increase the expenditure of the government by about Rs 34,401 crore.
