By Admin 
8th Pay Commission: Since the formation of the 8th Pay Commission, a lot of agitation is being seen among the employees. While employee organizations have certain expectations from the Pay Commission, pensioners also have different expectations. After the demands of the employee organizations, now the pensioners’ organizations have also demanded changes in the pension structure from this Pay Commission. Now pensioners want that they should get increased pension as per their age.
Pension should be according to age
In the 8th Pay Commission, everyone from employees to pensioners have put forth their demands. Some have demanded increase in DA, some have demanded salary revision and some have demanded pension benefits. Apart from the demand of the employees, pension organizations are also demanding that retired employees should be given pension according to their age. The higher the age, the more he will get the same percentage of his salary during retirement as pension. It has been demanded to keep this structure as follows:
Also read: Layoffs again in Google! Cloud and top cyber security team employees laid off, what is the reason?
- A 65 year old retired employee should get 70% of his last salary as pension.
- A 70 year old retired employee should get 75% of his last salary as pension.
- A 75 year old retired employee should get 80% of his last salary as pension.
- An 80 year old retired employee should get 85% of his last salary as pension.
- An 85 year old retired employee should get 90% of his last salary as pension.
- Retired employees aged 90 years or above should get their last salary in the form of full 100% pension.
Not only this, the employees have also put forth their demands regarding pension. In which:
- Increasing the minimum pension to 67% of the last drawn pay (LPD), or equal to the average pay drawn during the last 10 months of service.
- To amend the fitment factor used for pension calculation.
- To review the Dearness Relief (DR) structure and integrate it into pension benefits.
- To expand the scope of family pension benefits.
Also read: Government will sell 2% stake in Hindustan Zinc, as soon as the news was received, lower circuit of 5% started.
Let us tell you that after the formation of the 8th Pay Commission, if the demands of the employees and pensioners are accepted, then about 50 lakh central employees will get the benefit. So about 56 lakh retired pensioners will also get its benefit, including retired defense and railway employees.