Monday 13 August 2018

Pension Parity recommended by 7th Central Pay Commision (Option-I).


          7th Central Pay Commission, headed by Justice (Rtd) Ashok Kumar Mathur and consisting of experts from various fields, has recommended a new formula called “Option-I” for fixation of pension of all pensioners retired prior to 01-01-2016 which ensure cent percent parity in pension between present and past pensioners.  But, the Government has unilaterally rejected the recommendation on the specious plea that it is not feasible to implement.  This has adversely affected the pensionary benefits of about 33 lakhs Central Govt. Civilian Pensioners. 

1 comment:

  1. Pls be explained what are consequences because of non implementation of the proposal and what r the if it is implemented thank for the information

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