7th Pay Commission: Post Cabinet approval 55 lakh government employees to benefit

7thpayOver 55 lakh central government pensioners will benefit after the Union Cabinet approved the new pension plan under the 7th Pay Commission. The Cabinet on Wednesday approved modifications in the 7th Central Pay Commission recommendations on pay and pensionary benefits. The benefit would be available with effect from January 1 2016 and with the increase approved by the Cabinet, the annual pension bill alone of the Central Government alone will be Rs 1,76,071 crore.

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Author: Vicky Nanjappa

just a reporter

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