Enhancement of Additional Pension – Minutes of the 32nd Meeting of Standing Committee of Voluntary Agencies (SCOVA)
भारत सरकार/Government of India
Ministry of Personnel , Public Grievances & Pensions
Department of Pension & Pensioners’ Welfare
3rd Floor, Lok Nayak Bhawan,
Khan Market, New Delhi- 110003
Date:- 20th May 2022
Minutes of the 32nd Meeting of Standing Committee of Voluntary Agencies (SCOVA) held on 12.04.2022 under the Chairmanship of Hon’ble MOS(PP) at Sardar Patel Bhawan, New Delhi.
(32.7) – Enhancement of Additional Pension
The Ex-Defence Employees Welfare Association, Balasore and All India Organisation of Pensioners (Civil & Military), Kerala mentioned that as per the existing system, for pensioners below the age of 80 years, basic pension does not change for at least 10 years, i.e. till next pay commission. The Association suggested to consider the increase in pension @ 1% every year, so that after 20 years of retirement he/she gets 20 per cent, if alive. Alternatively, after retirement at the age of 60 years, additional 5% of pension may be granted after every 5 years which will lead to 20% after attaining age of 80 years.
Discussion/Decision on the agenda item
JS (Pension), DoPPW informed that a proposal to grant additional pension of 5%, 10% and 15% on attaining the age of 65 years, 70 years and 75 years, respectively is under consideration in consultation with Department of Expenditure and Department of Economic Affairs (on the aspect of funds availability in the Budget).
(Action: DOPPW/Department of Expenditure/ Department of Economic Affairs)