Maharashtra decides to revise pension amount of retired govt employees

Aiming to simplify and improve the lives of retired people, the state of Maharashtra has decided to revise the pension and family pension of former government employees, who retired in the duration of 1st January 2006 to 26th February 2009. The Finance Minister of the state Sudhir Mungantiwar informed that the Sudhir Mungantiwaramount would be revised as per the Sixth Pay Commission’s recommendations.

With this decision, the government will have to bear a financial burden of Rs 2,204 crore due to the arrears. The implementation of this decision will require an additional funds of Rs 319 crore annually. The decision was taken in the meeting conducted by the finance minister along with others such as Minister of State for Finance Deepak Kesarkar, Upper Chief Secretary to Finance Department U P S Madan, Secretary of Finance Department Nitin Gadre and other officials.

Mungantiwar said the decision will benefit more than one lakh pensioners and family pensioners. This is a major step taken by the state government to enhance the life of the retired people. With the implementation of this decision, the state government has gone a step ahead in mounting smiles on the faces of the retired people.

Recently, CM Devendra Fadnavis in his state cabinet meeting announced Rs 150 crore as relief to onion farmers. The decision by the state cabinet came amid reports about farmers selling freshly harvested onions at as low as Rs 1.50 a kg in Maharashtra.