Dear Brother Pensioners,
The much awaited Orders Reg Revision of Pension from 1-1-2016 as per 7th CPC Report, have been issued and as advised by SG BPS, the copies of the same are attached herewith.
The attached Resolution lays down following points:
- Orders will be implemented from 1-1-2016
- Multiple factor of 2.57 will be applied to BP for immediate fixation of Revised Pension.
- Committee headed by Secretary Pension will examine the feasibility of the implementation of Option 1 (Reg. Parity of Pension of Pre 2016 Pensioners with Post 2016 Pensioners as recommended by the 7th CPC).
Copies of following docs are attached herewith: