The central government has given a big relief on the pension of public sector bank employees. The contribution of employees under the National Pension System (NPS) has been increased.
It has been increased by four percent. Earlier the contribution on pension was 10 per cent, which has now increased to 14 per cent. Apart from this, the limit of family pension has also increased.
What happened to the family pension: Earlier the limit of family pension was Rs 9284, but after the new rule, now the maximum pension can be received up to Rs 35000. Let us tell you that this pension will be given to the family after the death of the banking employee. The pension amount will be calculated on the basis of 30% of the last salary of the employee. This amount will be maximum up to Rs 35,000.
Let us tell you that Finance Minister Nirmala Sitharaman has met the heads of public sector banks in Mumbai. Only after this the new rule of pension has been announced. After this meeting, Union Finance Minister Nirmala Sitharaman said, “I have requested the banks to bring special schemes for the Northeast. The banks have been asked to come up with a plan for all the states according to their needs, not for all the states of the Northeast.
On this visit, the Finance Minister also reviewed the banking functioning in the country after the second phase of the Corona transition. He also took stock of the progress of the work related to the self-reliant India scheme.
