From Livemint
Center-Right Owned by HT Media Ltd.Gratuity calculation after 3% DA hike: How central government employees can get up to ₹50,000 more at retirement
What's behind this
The 8th Pay Commission has released a pension calculator that lets users see how existing basic pensions between ₹25,000 and ₹75,000 could change under hypothetical fitment factors of 2.5, 3 and 3.5, while also outlining key pension demands from employee unions.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
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right · 1 outlet
The Centre's 3% DA hike from 60% to 63% can increase retirement gratuity for central government employees by up to ₹50,000. However, the actual benefit depends on basic pay, qualifying service and the ₹25 lakh gratuity ceiling.
— Livemint
RSS excerpt
The Centre's 3% DA hike from 60% to 63% can increase retirement gratuity for central government employees by up to ₹50,000. However, the actual benefit depends on basic pay, qualifying service and the ₹25 lakh gratuity ceiling.
