NEW DELHI: The Cabinet Committee on Economic Affairs today approved 9 per cent increase in pension of 1.88 lakh BSNL employees who retired between 2007-13.
The revision entails an estimated recurring annual expenditure of Rs 129.63 crore for pensioners and Rs 24.93 crore for family pensioners and arrears from 2013-14 would be Rs 239.92 crore for pensioners and Rs 44.62 crore for family pensioners, an official statement said.
“Today we have taken a big decision with respect to pensioners of BSNL. When BSNL was formed as a new entity, salary of employees was given by BSNL but obligation of pension was on the Government,” Telecom Minister Ravi Shankar Prasad told reporters after the Cabinet meeting.
The decision will impact higher pension for 1,88,500 BSNL employees who retired between 2007-13. (AGENCIES)
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