Pension : Revision of Pension in RBI

Revision of Pension in RBI आरबीआई में पेशन में संशोधन

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF FINANCIAL SERVICES
LOK SABHA

UNSTARRED QUESTION NO. 175

TO BE ANSWERED ON 19th JULY, 2021 (MONDAY)/ ASHADHA 28, 1943(SAKA)

Revision of Pension in RBI

175. SHRI THIRUMAAVALAVAN THOL:

Will the Minister of FINANCE be pleased to state:

(a) whether the approval sought for the revision of Pension to the retired employees of Reserve Bank of India (RBI) was rejected by the Government in the past;

(b) if so, the details thereof;

(c) whether revision of pension for the retired employees of RBI rejected by the Government is implemented by RBI; and

(d) if so, the details thereof and if not, the reasons therefor?

ANSWER

THE MINISTER OF STATE IN THE MINISTRY OF FINANCE

(DR. BHAGWAT KARAD)

(a) to (d): Following a request made by the Reserve Bank of India (RBI) for revision of pension of its retired employees, the Central Government, on 5.3.2019, has approved an increase of 10% in pension plus dearness allowance. RBI has informed that it has implemented the revision vide its circular dated 7.3.2019.

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