7th Pay Commission Latest News Today: Hike of up to Rs 18,000 Announced For 25,000 Retired Employees

While central government employees have been waiting for a hike in minimum pay and fitment factor beyond the recommendations of the 7th Pay Commission or 7th CPC, several state and central government retired employees have received the benefit of the revised pension under the 7th Central Pay Commission.

7th Pay Commission Latest News: While central government employees have been waiting for a hike in minimum pay and fitment factor beyond the recommendations of the 7th Pay Commission or 7th CPC, several state and central government retired employees have received the benefit of the revised pension under the 7th Central Pay Commission. A total of 23 lakh retired employees of central, and state universities and government-aided colleges. along with non-teaching staff will be getting a hike of up to Rs 18,000 in their pensions under 7th CPC.

Reportedly, the announcement of increasing the pensions of retired employees of universities and college along with non-teaching staff by up to Rs 18,000 was made by Human Resource Minister Prakash Javadekar. He informed that the retired employees will get the benefits under recommendations of the 7th CPC. If reports are to believed, this decision by the Centre will benefits over 25,000 pensioners of Central University and UGC-recognised Deemed Universities.

Informing about the decision taken by the Narendra Modi-led government, Javadekar tweeted, “The @narendramodi  govt has revised pension of retired faculty & other non-teaching staff in Central Universities and Colleges as per the recommendations of the 7th Central Pay Commission.” He further added, “Around 25000 present pensioners will benefit in Central Universities and #UGC maintained #Deemed to be #Universities to the tune of Rs. 6000 to Rs.18000.”

The @narendramodi govt has revised pension of retired faculty & other non-teaching staff in Central Universities and Colleges as per the recommendations of the 7th Central Pay Commission. #Pension #CentralUniversity #7thPayCommission

— Prakash Javadekar (@PrakashJavdekar) June 11, 2018

According to a report, PM Modi is likely to announce the hike in minimum pay and fitment factor beyond the recommendations of the 7th Pay Commission on August 15. “The two announcements that Prime Minister Modi is likely to make in his speech from Red Fort on 15 August, the Independence Day for central government employees are an increase of pay and the raising retirement age to 62 years from 60,” a government official was quoted as saying in the report.

The last what we heard from the government was in March this year when Minister of State in Finance, P Radhakrishnan informed Rajya Sabha that it was not considering hiking minimum pay and fitment factor beyond the recommendations of the 7th Pay Commission. This dashed the hope of 48 lakh employees who have been demanding higher minimum pay.

“The minimum pay of Rs.18,000/- p.m. and fitment factor of 2.57 are based on the specific recommendations of the 7th Central Pay Commission in the light of the relevant factors taken into account by it. Therefore, no change therein is at present under consideration,” Radhakrishnan had told the upper house of Parliament.