If you are a central government employee or a pensioner, here is something that will cheer you up as there are a plethora of benefit schemes announced or are likely to be implemented this year.
The Central government recently made several major announcements in order to give relief to its employees and pensioners amid this Covid pandemic. These key announcements are likely to benefit nearly 52 lakh central government employees and around 60 lakh pensioners.
Let's take a look at the major 5 schemes that will benefit as many as 1.12 crore employees and pensioners:
DR and DA Restoration
The Dearness Allowance (DA) and Dearness Relief (DR) of central government employees and pensioners is stuck for the past one and half years. But the benefits are now expected to come by September 2021. Union Minister Anurag Thakur had earlier informed that the Centre would restore 7th Pay Commission DA and DR benefits of the central government employees and pensioners respectively from 1st July 2021. However, that was again put on hold due to reasons unknown. Meanwhile, National Council of JCM, which is a Government of India-recognised platform that fights for the cause of central government employees, said that the government is considering restoration of DA and DR benefits from September 2021.
House Building Advance (HBA)
The Central Government has updated the House Building Advance (HBA) for its employees. This updated scheme will help all those employees who want to construct their own house. The central government had reduced the interest rate of HBA to 7.9 percent and this benefit will be available till 31st March 2022.
Pension Benefits
The Finance Ministry has simplified the family pension rules for central government servants. As per the updated rules of family pension, benefits would be extended as soon as the death certificate is received. Eligible family member will no longer have to wait for other formalities or procedural requirements to be completed.
Receive Pension Slip Via email, SMS, WhatsApp
This comes as a big relief for the central government pensioners as they are no longer required to go to banks for pension slips. With an aim to ensure 'Ease of Living' for all the pensioners, the Central Government recently directed the pension disbursing banks to issue pension slip to the pensioners through their email, SMS, WhatsApp along with a complete break-up. The orders came into effect from 1st July 2021.
Traveling Allowance (TA)
The Centre recently made several announcements for retired government employees. Retired employees will now get 180 days time to give details of their Travelling Allowance (TA) as the government has extended the time-limit for submission of Travelling Allowance claims from 60 days to 180 days. This new rule has come into effect from 15th June 2021.
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