The government of the Punjab Finance Department has issued an OM on 12-07-2021 in connection with Notification Increase in Pension 2021 Punjab Pensioners. The details of this notification are as under:
Notification Increase in Pension 2021 Punjab Pensioners
The key points of said notification of pension 2021 Punjab are as under:
- The Punjab Government enhanced pension @ 10% of Net Pension.
- Net Pension means here Total take-home pension minus a medical allowance.
- The employees who retire on 1st July or later will also get this increase in pension @ 10% of the net pension.
- This increase in pension Punjab is also for the family pension cases.
- The employees who would retire on or after 1st July 2021 will also get the following enhancement in pensions: