7th Pay Commission pension recommendations

Based on the 7th Pay Commission data, already pension payments account for a third of the government’s wage bill. That is going to rise sharply over the next 10 years. 7th Pay Commission – Pensioners to Gain the Most – While the 7th Pay Commission pay scale increase of serving employees is 16%, pensioners will see a 23.63% rise. 7th Pay Commission on pay and pension: Once … [Read more...] about 7th Pay Commission on pay and pension: Pensioners to Gain the Most