<p>Salary and Pension hike: The central government has approved a salary and pension increase for some employees. This decision will benefit about 46,322 employees, 23,570 pensioners, and 23,260 family pensioners of these organizations.</p><img><p>The government has approved pay and pension hikes for employees of Public Sector General Insurance Companies (PSGIC), NABARD, and the RBI to boost morale and strengthen social security.</p><img><p>The government approved pension changes for RBI retirees, effective Nov 1, 2022. A 10% increase on basic pension and dearness allowance will benefit over 30,000 pensioners.</p><img><p>The central government approved a salary revision for PSGIC employees, effective Aug 1, 2022. This results in a 12.41% pay bill increase, benefiting over 43,000 employees.</p><img><p>Family pension has been revised to a uniform 30% rate, benefiting over 14,600 family pensioners. The total financial impact of the revision is approximately ₹8,170.30 crore.</p><img><p>The government also approved a pay and pension revision for NABARD employees, effective Nov 1, 2022. This will increase salaries and allowances by about 20% for all staff.</p>
