GOI DECISION ON VII CPC RECOMMENDATIONS

A GREAT DISAPPOINTMENT TO PENSIONERS

vMULTIPLICATION FACTOR RETAINED AT 2.57 -  NO INCREASE

v  PENSION PARITY (OPTION – I) REFERRED TO A COMMITTEE FOR      DECISION WITH IN 4 MONTHS

v    NO INCREASE IN FIXED MEDICAL ALLOWANCE

v    NO OTHER CHANGES