Pension amount increase: Good News! Increase in pension amount, money will come into the account from May, they will get benefit

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Employees pension update: Central employees will get 40 to 45% pension of their last salary? know update from center
Employees pension update: Central employees will get 40 to 45% pension of their last salary? know update from center

At present, the pension amount payable at Rs 500-750 per month will now be minimum Rs 1 thousand per month. With the approval of Gehlot, the pensioners will get financial support. Eligible applicants for old age, single women, specially abled, small and marginal farmer pension will get increased pension amount from the month of May, which will be payable on June 1, 2023.

State Government Pension Hike: The Ashok Gehlot government of Rajasthan has now given a big gift to the beneficiaries of social security pension after the government employees-pensioners. The state government has announced an increase in the monthly pension amount given under social security. Under this, now pensioners will get Rs 1000 in their account. The new rates will be applicable from 1 May 2023 and the amount in the account will increase in June.

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Applicable from 1 May 2023, 1000 will come in the account

Actually, CM Ashok Gehlot has approved the proposal to increase the monthly pension amount given under social security keeping a humanitarian approach. At present, the pension amount payable at Rs 500-750 per month will now be minimum Rs 1 thousand per month. With the approval of Gehlot, the pensioners will get financial support. Eligible applicants for old age, single women, specially abled, small and marginal farmer pension will get increased pension amount from the month of May, which will be payable on June 1, 2023.

Additional burden of Rs 2222 crore per year

The increase in pension rates in social security pension schemes will now put an additional burden of Rs 185 crore per month and Rs 2222.70 crore per year on the state government. Now about 700 crore rupees are spent every month. It is notable that in the budget of the year 2023-24, the Chief Minister had announced to increase the minimum pension amount to one thousand rupees per month.

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