Finance Division has issued Notification No. F.4(1)-Reg.6/2014 dated 7th July 2014 in connection with Notification of Increase in Pension 2014 and No. F.15(1)-Reg.6/2014 dated 7th July 2014 in connection with Increase in Minimum Pension with effect from 1st July 2014.
Increase in Pension 2014
According to this Notification there is 10% increase on the net pension of the pensioners. This increase in pension will also be applicable to the employees who retired prior to 1st July 2014. The increase in pension during 2010, 2011, 2012 and 2013 will also be continued.
Increase in Minimum Pension 2014
The minimum pension for the pensioners has been increased from Rs. 5000/- per month to Rs. 6000/- per month with effect from 01-07-2014.
Increase in Minimum Family Pension 2014
In the same way the minimum family pension has also been increased from Rs. 3750/- per month to Rs. 4500/- per month wef 01-07-2014.
This post has been delivered by Mr. Atiq Ur Rehman Kaimkhani.