Pensioners above 80 to get hike after every 5 years

Pensioners above 80 to get hike after every 5 years

Jammu: The cabinet meeting on Monday sought to mitigate the financial difficulties of old pensioners and family pensioners by sanctioning additional pension for their welfare.
Additional pension will be extended to the old pensioners and family pensioners on attaining the age of 80, 85, 90, 95 and 100 years and shall be payable from the first of the month in which the pensioner attains the prescribed age. This additional pension shall be paid after the pensioner completes the age of 80 years, 85 Years etc. Dearness relief shall also be payable on the additional pension. The pensioners attaining the age of 80 to 85 years, shall be entitled to additional quantum of 20 percent of basic pension. The pensioners attaining age of 85 years to less than 90 years shall be paid additional quantum of 30 percent of basic pension. The pensioners from 90 years to less than 95 years will get additional quantum of 40 percent of basic pension while the pensioners from 90 years to less than 95 years of age will get 40 percent additional quantum of basic pension. The pension of senior persons between the age of 95 years to less than 100 years will get 50 percent of basic pension. The pensioners attaining the age of 100 years or amore will be entitled to the additional quantum of 100 percent of basic pension.

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