The government has recently launched new directions which will offer great pension to the former Central Government employees who are 80 years and above. The intention behind the initiative is to help seniors during their sunset years through availing an extra compassionate allowance towards escalating living expenses.
Changes in Pension for Super Senior Citizens
The Ministry of Personnel, Public Grievances, and Pensions has declared that the pensioners of the following categories will be able to receive an additional compassionate pension the pensioners whose age is 80 years and above. The new guidelines make sure this benefit is offered under the CCS (Pension) Rules 2021 from the month the pensioner attains 80 years of age.
Additional Pension Benefits according to the AgeWise
- 80 to 85 years: 20% of the basic pension
- 85 to 90 years: 30% of the basic pension
- 90 to 95 years: 40% of the basic pension
- 95 to 100 years: 50% of the basic pension
- 100 years and above: 100% of the basic pension
This increase is intended to ensure that pensioners have strong financial base as they age up. For instance, if a pensioner was born on August 20, 1942, he or she would be able to draw this extra pension come August 2022 at 20% their basic pension.
Compassionate Allowance has an effective date of the 23rd of February 2012.
The extra pension shall be effective from the first day of the month, for which the pensioner qualifies to the age specified in these Regulations. This means that the pensioners do not have to wait long to receive the enhanced allowance.
Facilitating Pensioners’ Process
The government has encouraged all departments as well as all the banks that are involved in the distribution of pensions ensure that these new guidelines have been explained to them.
It has sought to work towards making sure that pensioners would receive any due benefits without problems. By this, the government has again demonstrated its concern of senior citizen by making sure that they have source of income when they are elderly.
