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Significant Boost to Pensioners in Maharashtra as State Government Announces Substantial Increase in Pension

Relief for Over 75,000 Retirees as Maharashtra Government Takes a Crucial Decision on Pension Scheme

January 17, 2024: In a significant development, the Maharashtra state government has addressed a long-standing concern by approving a substantial increase in the pension scheme for retirees. The decision, affecting officers and employees who have retired from state and semi-government services and are 80 years or above, is expected to bring direct benefits to a large section of pensioners.

The key highlight of this decision is the increase in the pension amount, ranging from 20 to 100 percent, for individuals who meet the criteria. This change, implemented from January 1, 2024, is anticipated to positively impact the lives of 75 thousand retired officers and employees.

Many Years of Demand Accepted…

The announcement comes after several years of persistent demands for increased pension for individuals aged 80 and above, aligning with the pension scheme applicable to central government employees. The acceptance of this demand has elicited gratitude from employee unions and all retirees, acknowledging the government’s responsiveness to their concerns.

Who Will Benefit from This Government Decision?

The widened pension scheme will be applicable to pensioners aged 80 and above, along with family pensioners, who have retired from State Government, Zilla Parishads, recognized and grant-aided educational institutions, non-agricultural universities affiliated colleges, panchayat samiti, and agricultural universities.

The state currently encompasses retired officers and nearly 7 lakh employees from the mentioned departments. Providing a breakdown, Vinod Desai, President of the Gazetted Officers Federation, informed that 10 percent of the pensioners fall into the category of 80 years and above.

What Will be the Statistics and Distribution of Enhanced Pension?

The increase in pension will vary based on age groups:

  • Age 100 years or above: 100 percent increase in pension
  • 95 to 100 years: 50 percent increase in pension
  • 90 to 95 years: 40 percent increase in pension
  • 85 to 90 years of age: 30 percent increase in pension
  • 80 to 85 years of age: 20 percent increase in pension

This decision is poised to bring tangible relief to a substantial number of pensioners, marking a positive step towards acknowledging the contributions of those who have dedicated their years in service to the state and its institutions.

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