6th Pay Commission: Bihar govt's festive bonanza to pensioners
Patna, Sep 17 (PTI) In a festive bonanza, Bihar's NDA government has decided to raise the pension by 15 per cent to its over 3.5 lakh retired employees of the state.
Earlier the employees were paid 35 per cent of their salary as pension which has been increased to 50 per cent.
The decision was taken in a meeting of state government officials presided over by Chief Minister Nitish Kumar last evening, official sources said today.
Taking a clue from the 6th Pay Commission recommendations, the decision would put an additional annual burden of Rs 1,000 crore on the state exchequer, sources said.
Though the pension has been revised from January 1, 2006, the actual benefit would accrue from April 1, 2007, they said.
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